One of the biggest challenges in Network PI is currently the huge gap between its global consensual value (GCV) and the real market price. While GCV varies 1 ft at $ 314,159, the real market price is only about $ 1 or less.
Pi Network is distinguished with its double -value system, but this unique configuration also raises concerns about its usefulness, transparency and growth potential.
A strategic plan?
Analyst M. Spock believes that this can be part of a long -term strategic plan rather than a defect. He says that this creates two separate savings – within the PI ecosystem, applications and services use the high price of the GCV, and outside, on scholarships, PI transactions as ordinary Altcoin at market prices. The system maintains these separate values using controls such as portfolio locks and KYC, creating two bound but distinct savings.
The analyst notes the forces and risks of the system to two values
He notes certain key forces of the system with two values such as – it strengthens the confidence of merchants, creates stability for applications and protects against market volatility. But he also warned against major risks. People could use this by buying a cheap PI in exchanges and spending it at the much higher GCV rate within the ecosystem.
Having two very different prices for PI can confuse users and make foreigners of the project doubt. In addition, the double -value PI model survives community trust. If users promote market prices compared to the GCV, its relevance could quickly fade.
Can the Pi Core team help?
In order to protect the system, he also suggested that the Pi Core team take measures such as limiting access to users verified by KYC and apply the GCV through smart contracts. He also suggested Pi locking to limit the offer and slowly fill the price difference as real use increases.
Many pioneers in support of GCV note that intelligent contracts with GCV levels have been downloaded from Github, and communities in places like Thailand and Vietnam actively use GCV in transactions. “This mission is alive because of all of us,” said Lumari, a committed pioneer.
The analyst noted that the real value of the IP comes from confidence, usefulness and community, not just price graphics. Pi Coin fell by more than 60% in May. With an estimated supply of 100 billion parts, everyone’s valuation at the GCV would be more than $ 31 quadrillion, it would be much more than the whole GDP in the world. But users still do not seem to move.
Stable but unequal activity
Dr. Altcoin said in a recent YouTube video that 3.35 million IPs had been moved to Mainnet in the past 24 hours, and 7.9 million IPs have been unlocked today. This shows a stable but uneven activity due to the delays in KYC and the migration arrears.
Pi is negotiated about $ 0.63, with a market capitalization of $ 4.63 billion. In the short term, it expects Pi to be negotiated between $ 0.618 and $ 0.641. If the price remains more than $ 0.625, it could go up to $ 0.64. He says that the distribution of newly unlocked PI is essential for the price movement.
