PI Network (PI) has become the most important and most precious aerial platform in the history of cryptography, going beyond the previous UNISWAP (UNI) file.
This development follows the main launch of the network and its beginnings in tokens on popular exchanges.
Pi Network goes beyond the plain of Uniswap
A Bitget Exchange report has revealed the position of UNISWAP at the head of crypto ardrops in industry, recording up to $ 6.43 billion in value after its 2020 allowances. In the last development, however, the network Pi exceeded this record, actually doubling the evaluation of the United Stands of Uniswap.
With a total offer in circulation of 6.3 billion PI tokens and a launch price of around $ 2, the total value of the Air Network airplands reached $ 12.6 billion on Thursday.
“1 ft = 2 $”, shared the PI network on X.
Coinciding with its main launch, Airdrop de Pi Network has marked a historic moment for the cryptography industry. Unlike traditional paraluchymas which mainly reward adopters and early investors, the Pi Network approach emphasizes mass participation.
According to the team, millions of users have extracted the tokens using their mobile devices since 2019. The result was a vast and committed community which contributed to the unprecedented scale of the Airdrop.
Meanwhile, several cryptocurrency exchanges, including Bitget, have offered Airdrops de network Pi before the launch. Likewise, Bitmart announced USDT gifts in anticipation of the Mainnet Open phase. This pre-sufficient enthusiasm of exchanges has demonstrated the perceived confidence of the industry in the PI potential as a largely adopted digital currency.
The Pi Network team speaks after the launch of Mainnet
With the official launch of its open phase, Pi Network is no longer limited to a closed ecosystem. The project team has announced that external connectivity is now available, allowing transparent integration with other blockchains and financial systems.
“Open Network has unlocked the flourishing PI ecosystem, innovative applications and a large peer network for integration with the wider blockchain world,” said the team.
The Pi Network team also stressed that Open Network will allow its mission to create a “cryptocurrency widely adopted by public services”. More specifically, the pioneers could initiate transactions beyond the internal PI ecosystem.
However, despite its record air tickets, the PI network faces challenges, including a regulatory examination and skepticism concerning its single mining model. Critics argue that the acquisition of pyramid style users from Pi Network raises problems of sustainability and legal compliance. In addition, market volatility is an urgent problem, many of its users being participants in the first cryptography.
However, the project leadership remains determined to build a decentralized and scalable ecosystem. Beincrypto reported that the project pioneers claim that it is 120 times faster than the Bitcoin network. After its transition to a fully open network, the coming months will determine whether the PI network can maintain its momentum and deliver its ambitious vision.
PI Network of Pi Network was negotiated at $ 1,1984, representing a 37% drop in its launch price.
Non-liability clause
In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
