Pi Coin’s $314K GCV Value Is Pioneer-Led, Not Pi Core Team Backed: Analyst
- Pi Network’s community-held $314,159 Pi coin value (GCV) is under fresh scrutiny.
- Analysts state GCV came from pioneer campaigns, not the Pi Core Team or market data.
- Pi coin trades near $0.65; a $314K GCV implies an unfeasible >$72T market cap.
There’s a strong belief in the Pi Network community that each Pi coin is worth a fixed $314,159. This idea, known widely as the Global Consensus Value (GCV), has been stirring up a lot of talk and confusion lately. It’s also creating big expectations that, frankly, the actual market doesn’t back up.
Where Did This $314K GCV Idea Come From?
To understand what’s going on, it helps to know how this eye-popping $314,159 figure for Pi coin even came about. According to new reporting from Pi community analyst Dr. Altcoin, this valuation wasn’t something handed down by the official …
The post Pi Coin’s $314K GCV Value Is Pioneer-Led, Not Pi Core Team Backed: Analyst appeared first on Coin Edition.
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Pi Coin’s $314K GCV Value Is Pioneer-Led, Not Pi Core Team Backed: Analyst
- Pi Network’s community-held $314,159 Pi coin value (GCV) is under fresh scrutiny.
- Analysts state GCV came from pioneer campaigns, not the Pi Core Team or market data.
- Pi coin trades near $0.65; a $314K GCV implies an unfeasible >$72T market cap.
There’s a strong belief in the Pi Network community that each Pi coin is worth a fixed $314,159. This idea, known widely as the Global Consensus Value (GCV), has been stirring up a lot of talk and confusion lately. It’s also creating big expectations that, frankly, the actual market doesn’t back up.
Where Did This $314K GCV Idea Come From?
To understand what’s going on, it helps to know how this eye-popping $314,159 figure for Pi coin even came about. According to new reporting from Pi community analyst Dr. Altcoin, this valuation wasn’t something handed down by the official …
The post Pi Coin’s $314K GCV Value Is Pioneer-Led, Not Pi Core Team Backed: Analyst appeared first on Coin Edition.
Read More
Altcoin Rally Talk Grows with “Golden Cross”; Whales Buy ENA, HYPE