Pi Network has attracted millions of users thanks to the ability to make mining through mobile phones. However, the sustainability and long -term success of the project still remain uncertain. There is great debate among investors about the future of Pi Coin.
Pi Network launch attracted great attention
Pi Network has aroused a great impact in the crypto world by getting out of the testnet process and switching to its main network. More than 60 million users reported that Pi Coin mining through mobile devices. This made Pi Coin one of the most widely adopted projects for the user base.
However, after the launch, the price of Pi Coin experienced great fluctuations. Firstly From $ 1,70Pi Coin, which started to be traded, in a short time Rose to 2 dollarsbut within a few hours Lost more than 50 %. This draws a picture similar to speculative fluctuations in the Altcoin market.
Concerns about the future of Pi Coin
The CEO of a crypto exchange drew attention to the extremely wavy structure of Pi Coin:
“The price of Pi, like every new crypto asset, cannot be foreseen. Early investors who have been mining since 2019 are now making major sales, which increases sales pressure. Short -term fluctuations are inevitable. ”
In addition, the fact that Pi Coin is not listed on large stock exchanges is a disadvantage for investors. The fact that it has not yet been traded on large platforms such as Binance and Bybit leads to lack of liquidity and restricting global access.
Regulatory risks and liquidity problem
One of the most important factors affecting the future of Pi Coin is regulatory uncertainties. Particularly in countries like India, crypto arrangements are not yet clear. The CEO of another crypto exchange stressed that investors should consider this situation:
“Regulatory clarity, liquidity, stock market lists, project roadmap and token economy should be carefully examined. The launch of the open main network has made it possible to trade, but it depends on long -term success, adoption of the ecosystem, governance structure, security and real world usage areas. ”
Low liquidity of Pi Coin may make it difficult for investors to easily cash their assets. In addition, it remains unclear whether the project will be sustainable in the long run.
Is Pi Network an investment opportunity?
Pi Network aims to create a new paradigm in the crypto world with its user -friendly mining model. The network plans to ensure that Pi Coin is widely adopted for transactions, defi applications and other usage areas.
However, considering Pi Coin’s current market situation, the long -term success of the project is largely dependent on the development of ecosystem, investor interest and regulatory framework.
