Monday, April 29, 2024
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Pi Network, Pi Blockchain

What is Pi network? It is a cryptocurrency that can be mined on a mobile device. It was developed by a team of Stanford PhDs and is based on a proof-of-stake consensus algorithm. This Pi Network claims to be a more energy-efficient and decentralized alternative to traditional cryptocurrencies like Bitcoin. Users can earn Pi by participating in the network as a “node,” contributing to the security and decentralization of the network by verifying transactions and adding them to the blockchain.

The Network is still in the early stages of development and is currently only available to a limited number of users through invitation. Just like Catstar is mine for free so also Pi is done  It is not yet clear how the Pi Network will be used or how valuable it will become. As with any cryptocurrency, it is important to be cautious and do your own research before investing or using it for transactions. But it promises to be great.

What is the current price of pi coin

The prices of cryptocurrencies can fluctuate significantly and can be affected by a variety of factors, including market demand, regulatory changes, and overall economic conditions. In 2023, the price of Pi may hit 0.24$. It is remaining but a few months for the project to mature. If the network ecosystem continue to expand , the coin could reach 0.35 by 2025.

Investing in cryptocurrencies carries a high level of risk due to their highly volatile nature. Token fluctuates every now and then. You can trade crypto using your own discretion.

Pi Prediction

You see!! Coins paired with Pi will be a major coin. This is because of the utility base of the coin, the value will rely much on the utility. So, if Pi is in high demand for goods and services, then you will need to convert other currencies to Pi to get such goods and services. You will also have to convert other coins or tokens to get what you need that is tradable with Pi token.

Seeing that the ecosystem is huge it will be disadvantageous for any store to reject plugging to their blockchain in getting a wallet for their daily sells and services even when they are sure of converting the Pi back to their local currencies.

Pi network
Pi listing

Pi listing

We saw many exchanges trying to list Pi Network without the authorization of the Network. “Pi is currently in the enclosed network and is not approved by Pi Network for listing on any exchange or trading and Pi Network was not involved with any of these purported postings or listings.”

You can trade Pi Network on XT.com and HUOBI, the current price of Pi Network is USD $185.44 with a 24 hour trading volume of 23132788$. The price has declined within another 24 hours. In 2019, the price of Pi was $0.055858892257

When will Pi be launched?

Users mining capacity depends on the growth of their ecosystem, the network uses halving to secure the value of Pi coin. The third phase of the network has been scheduled to be launched soon.

Pi network

How to sign up on Pi Network and start mining

Download the Pi network app from Google play store and register with your details. Use strong password and choose a username. Use this code as your invitation code enojohnson. It is an MLM company so without an invitation code your registration cannot be completed.

Pi coin

Pi Mining

You have to touch the mining button every 24 hours to mine otherwise you earn nothing. Boost your earning by inviting others to register using your code. After mining for 3 days boost your earnings the more by creating security circle.

What is security circle

It is a group of 3-5 trusted persons built by Pi members.

Eno Johnson
Eno Johnson
Eno Johnson is my name, I am an entrepreneur in the making. This blog was birthed because I needed a platform to pen my experience down in Agriculture and business.
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