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Pi Network's Rollercoaster Journey: Post-Mainnet Surge, Sudden Plunge, and Resilient Rebound to $1 Introduction: The Dawn of Pi Network's Mainnet Era Pi Network, the mobile-mined cryptocurrency that captivated millions with its accessible mining model, transitioned to its open mainnet in December 2021. This milestone marked a shift from its enclosed development phase, promising decentralization and real-world utility. Initially met with enthusiasm, the project saw significant attention, but its journey since has been anything but smooth. Post-Mainnet Surge: Euphoria and Early Gains Following the mainnet launch, Pi's trading value surged to more then $3, driven by: - Community Optimism: Over 65 million "Pioneers" anticipated broader utility and exchange listings. - Speculative Hype: Limited liquidity and pent-up demand fueled peer-to-peer (P2P) trading, with early adopters valuing Pi at several dollars. - Ecosystem Developments: Partnerships and pilot apps hinted at future use cases, bolstering confidence. The Sudden Deep Dive: Unraveling the Drop By mid-2023, Pi’s value faced a steep decline, attributed to: - Liquidity Challenges: Lack of major exchange listings restricted price stability, exacerbating volatility. - Regulatory Uncertainty: Global crypto crackdowns and Pi’s compliance-first approach delayed open trading. - Market Skepticism: Critics questioned Pi’s utility, labeling it a "vaporware" project despite its growing ecosystem. - Profit-Taking: Early miners cashed out via gray markets, flooding limited P2P platforms with supply. **#PiHitsBack: Resilience Amidst the Storm** Despite setbacks, Pi Network’s community-driven resurgence is underway: - Current Trading Status: Pi now trades slightly above $1 in official markets, reflecting renewed confidence. - Community Mobilization: The #PiHitsBack movement underscores grassroots efforts to showcase Pi’s potential through memes, tutorials, and advocacy. - Ecosystem Growth: Over 100 apps now integrate Pi, spanning DeFi, NFTs, and e-commerce, adding tangible utility. Challenges and Risks: Navigating Uncharted Waters Pi’s path forward remains fraught with hurdles: - Exchange Listings: Without major platform support, liquidity and price discovery remain fragmented. - Regulatory Hurdles: Ensuring compliance while decentralizing could slow progress. - Adoption Pressure: Converting miners into active users requires demonstrable real-world value. Future Outlook: What’s Next for Pi? The Pi Core Team’s roadmap highlights key priorities: - KYC Expansion: Scaling identity verification to enable secure transactions. - Utility First: Expanding partnerships to solidify Pi’s role in payments and Web3 services. - Decentralization Push: Transitioning node operations to the community to fulfill blockchain’s core ethos. Conclusion: Pi’s Unconventional Path to Legitimacy Pi Network’s journey epitomizes crypto’s volatile nature—euphoric highs, crushing lows, and relentless community grit. While its $1 trading price and #PiHitsBack narrative signal resilience, long-term success hinges on delivering utility, securing exchange listings, and navigating regulations. For Pioneers, patience remains paramount; for skeptics, Pi’s story is a testament to crypto’s unpredictable evolution. #cryptouniverseofficial #MainnetLaunch #blockchain #CryptoCommunity

Here’s a refined column focusing on Pi Network as a utility coin and its price potential after mining ends: Pi Network: A Utility Coin’s Price Potential After Mining Ends As Pi Network transitions from its mining phase to Open Mainnet, the question on everyone’s mind is: What will Pi be worth? Unlike speculative cryptocurrencies, Pi positions itself as a utility coin, meaning its value will be driven by real-world adoption rather than hype. Pi’s Role as a Utility Coin The core strength of Pi lies in its utility-based ecosystem. With over 47 million engaged users, Pi Network aims to facilitate transactions, purchases, and decentralized applications (dApps). Its success hinges on merchant adoption, real-world spending, and integration into digital services. Unlike Bitcoin, which functions mainly as a store of value, or meme coins that rely on speculation, Pi’s goal is to be used in everyday transactions—whether for online shopping, remittances, or service payments. This practical application could give Pi a more stable, demand-driven price over time. Price Predictions for Pi After Mining Ends Analysts offer various projections for Pi’s value in 2025 and beyond: • CoinCodex suggests Pi could fluctuate between $118 and $202 in 2025, depending on adoption rates. • Coingabbar estimates a range of $30 to $350, with potential growth toward $1,000 by 2030 if mass adoption occurs. • CCN predicts an average of $65 in 2025, with possible highs of $90 under favorable conditions. Key Factors Influencing Pi’s Value 1. Merchant Adoption – The more businesses accept Pi, the stronger its real-world demand. If Pi becomes a widely used payment method, its value could rise steadily. 2. Exchange Listings – Official listings on major crypto exchanges will impact Pi’s liquidity and price discovery. 3. Ecosystem Growth – The development of dApps, smart contracts, and real-world applications will reinforce Pi’s usability and market strength. 4. Regulatory Factors – Global crypto regulations could affect how Pi operates and is traded. Conclusion: Will Pi’s Utility Drive Its Value? Pi’s price after mining ends will not be dictated by speculation alone—it will depend on how effectively it integrates into the real economy. If Pi achieves mass adoption as a utility coin, its value could be far more sustainable than purely speculative cryptocurrencies. The real question is: Will businesses and users embrace Pi as a daily transactional currency? The answer will determine its long-term price trajectory. $PI

Right now, $PI is still in its enclosed mainnet phase, meaning it is not officially tradable on major exchanges. Here’s my take on its potential future: 1. Will Pi Be the Next "Wealthy Myth"? A "wealthy myth" suggests something that promises wealth but never delivers. Pi Network has a strong community and a unique mining model, but there are risks: No Open Market Trading Yet: Until the mainnet is fully open and Pi is tradable, its real value remains speculative. Adoption & Utility: If businesses and platforms accept Pi as a real currency, it could gain traction. If not, it might fade. Centralized Control: Unlike Bitcoin, Pi’s supply and governance are still controlled by its core team, which raises concerns about long-term decentralization. 2. Future Market Performance Predictions Bullish Case: If Pi successfully launches an open mainnet, gets listed on major exchanges, and builds a strong ecosystem, it could see significant value appreciation. Bearish Case: If it fails to launch or lacks real-world use, it could become just another speculative digital asset with little actual value. Would you like me to check for the latest updates on Pi Network’s mainnet status?

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What an amazing project of the pi core team....i just transfer pi coins to bg within seconds it was completed .....Pi to the Moon...