This year 2022 may be a lot of surprising things in cryptocurrency, starting from the fall in the price of bitcoin due to the Terra Luna case, the Solana Hack, the Harmony Hack, to the bankruptcy of the FTX Exchange. However, there is one more thing that is quite surprising, namely the PI network listing.
The PI network is a digital currency that can be mined via mobile devices/Smartphones.Users can get pi coins with a referral system and get pi coin incentives. Pi network was founded in 2019 by 3 Standford studens Vince McPhillip, Chengdiao Fan and Nicolas Kokkalis.
Listing on multiple Exchanges
After waiting from 2019, the PI network is now officially traded on several exchanges, namely Huobi and XT.com. Within a few days after the release of Coin PI’s price soared dramatically. The increase in the price of Pi, which has soared, seems to give hope to cryptocurrency investors.
Pi Network Price in USD: PI Live Price Chart & News | CoinGecko
How to get PI coins
- Pi coin can be mined via smartphone. By installing the pi network application in the playstore. Users mining by viewing advertisements will then get pi coin rewards.
- With a referral program. Inviting friends or individuals to use a special user code can provide incentives in the form of pi coins as well.
Dissecting the possible market cap of the Pi Network.
Pi Network Price in USD: PI Live Price Chart & News | CoinGecko
Currently Pi coin still hasn’t announced the Max supply amount of its token. So we’ll just assume if . From the research I did on several Pi coin miners since they mining on 2019 they were able to get at least 1000–5000 pi coins. We will take the lowest value of 1000 Pi coins and with a price level of $200 for each PI coin. So each individual has assets of around $ 200,000.
Meanwhile, the number of users using the pi network application is 50 million users. By multiplying the number of assets by the total assets that can be obtained by each user, the total possible market cap can be achieved around $ 10 Trillion. The amount of market cap is very fantastic
Will Pi coin become a hidden gem later this year and give excitement to the cryptocurrency market ?? Who knows ?? NFA (Not Financial Advice) guys
