Will Pi Coin bring good news for investors?

The PI network currently remains the most trending project of Crypto Ecosystem. Currently, this network is not live on the mennet and connected to it Pi coin It can be obtained only through the application, but despite this it is gaining considerable popularity among the people. The pre-mannet of the Network of Pi Coin obtained through the application only in smartphones without any investment was launched by Nicolas Kokkalis and Chengdiao Fan in 2019. It is expected that the PI Network Mennet is expected to be launched on 28 June 2024. After which investors are expecting that after launching, the price of this coin can be around Rs 33 to Rs 50. Some users are also expecting that it can be 1 dollar (80 to 85 rupees in Indian rupees) after the token list. In such a situation, it can be assumed that this token will live up to the expectations of the users.

The thing that makes Pi Coin is the most different is that it manages it a social community instead of a center authority, as well as the Steller Consensus Protocol “Working on Mechanism, its network users permission to get advantage to get advantage on their confusion in the network, due to which it is also a lot of popularity among the users. From time to time, it keeps informing its users with the updation being made, which increases its trust among the users. In this episode, the PI team recently posted the news of more than 10 million users KYC’s milestone on their network app, which shows how much will the PI teams have been posted. Due to technology, this is also the first digital currency that can only be mined through the phone, which not only makes the mining cheaper, but also eliminates the need for expensive hardware and processing unit (GPU).

Will PI network bring good news for users

The PI is currently live on its testnet and is fully ready for launching on mennet. The PI team has also planned to launch its launch, giving information about which it was announced by the team that the network will complete more than 15 million users KYC’s Milestone, the day its tokens will be traded. According to the information, the team has set a date of June 28 to live the Pi Community, due to which there is a lot of enthusiasm among the users of Pi Coin. Users believe that the networks are live Pi Coin will take a big bounce and make them rich.

Although market experts believe that in this project, their time should be given thoughtfully, because at the moment its community is making different claims on its behalf. Also, it is present in a middle with a separate concept, which seems like a Ponzi scam to experts. In Hala, a scam associated with PI made many users their victims. In this fraud, users suffered a large amount of damage, which raises doubts among people towards PI.

But getting free crypto without any investment and if the mennet goes live then earning a profit from it can be a good option for users. But it also raises doubts about the security related to the data of users, because if you install its app related to the mining of Pi Coin, then you have to give all permission to this app, which may be a threat to your privacy. In such a situation, you will have to wait for Pi Mennet to be live, only then you will be able to know the real price of its coin and the capability of its network properly.

Also read: PI Network Mennet will soon launch, price may be Rs 33