A naukri.com initiative
Coinpedia
3w
2.5k
Image Credit: Coinpedia
Big Day for Pi Network: Will the Core Team Break Silence on GCV This June 28?
- June 28, 2025, marks a significant day for Pi Network, with hopes that the Core Team will address the Global Consensus Value (GCV) of PiCoin.
- Supporters advocate for a value of $314,159 per Pi to symbolize belief and unity, despite the Core Team not officially endorsing it.
- GCV is community-driven and seen as the real value of Pi by users who conduct small transactions based on this value.
- Critics argue that GCV is symbolic and its practical value remains uncertain until the open mainnet launches.
- Analysts like Dr. Altcoin warn of a potential price decline to $0.40 without significant updates, while any positive news could boost sentiment.
- Pi Coin faces challenges, being down 24% in a month and 80% from its all-time high, with pressure mounting as more tokens unlock.
- The community expects the Core Team to recognize GCV officially to acknowledge user support and maintain interest.
- Concerns are raised that without significant updates on Pi2Day like smart contracts, disappointment may ensue.
- Pi Network's future rests on updates about GCV, merchant tools, and mainnet developments to alter perceptions of the project.
- Silence from the Core Team could lead to mass sell-offs and waning user interest, highlighting the importance of communication.
- While GCV is praised for its emphasis on community consensus, its impact on Pi's value remains to be seen.
- The community's anticipation for Core Team announcements underscores the significance of transparency and engagement in maintaining user interest.
- The evolving dynamics surrounding Pi Network's GCV highlight the shifting landscape of digital currency valuation and community-driven initiatives.
Read Full Article
28 Likes
For uninterrupted reading, download the app