Daily trading volume: approx. $47–60 million
Market cap: around $4.7 billion, ranking within the top 30 crypto assets
Fresh Updates
1. Persistent Wallet Balance Issues
A growing number of users completing KYC and mainnet migration have reported empty wallets (“0.00 PI”) despite fulfilling all requirements.
Blockchain records show the Pi Foundation moving significant amounts—276.5 million PI from its “ODM” wallet, including 7.38 M PI withdrawn today—without clear communication .
2. Dual-Value Model Debate (GCV vs Market Price)
Analysts highlight a sharp gap between the internal Global Consensus Value ($314K per PI) and the much lower public market price ($0.63), warning this could confuse users and erode trust.
Suggestions include reinforcing KYC measures and implementing smart contracts to narrow this gap .
3. $100M Venture Fund & New Game Launch
The Pi Network Ventures fund ($100M) is now supporting ecosystem growth.
A new gaming app, FruityPi, has been released to integrate with Pi Wallet and Pi Ad Network, aimed at boosting engagement and attracting developers .
4. Price Outlook
Following its peak around $2.98 in February and subsequent drop to $0.40 in April, PI has stabilized between $0.62 – $0.64 .
Some forecasts suggest the token could climb to $1–3 in the medium term if ecosystem momentum strengthens, though risks remain due to ongoing trust and liquidity concerns .
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