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This development is considered to positively contribute to the future value of $PI Network. Market experts predict that completing the transition to the main network will allow Pi to occupy a larger role in a broader ecosystem. An increase in user numbers and the strengthening of a decentralized system could influence Pi’s market value. It is expected that $PI will attain a more robust structure with users completing the verification process. The adoption of a decentralized architecture is seen as a significant development for future cryptocurrency integration. The Pi community closely monitors the network’s progress and adoption following this process. Pi Network users must complete their account verifications by March 14, 2025, to avoid disadvantages. Those who do not complete the KYC processes may see their mobile balances erased from the system. Users are encouraged to log into the Pi Network application to participate in this process.

Pi Network’s Tokenomics: A Sustainable Model or an Unsustainable Experiment? Pi Network has garnered significant attention in the cryptocurrency space due to its unique approach to mining and accessibility. However, the long-term viability of its tokenomics remains a subject of debate. Understanding Pi Network’s Tokenomics Pi Network was launched in 2019 by a group of Stanford graduates with the goal of making cryptocurrency mining accessible to the masses. Unlike Bitcoin and Ethereum, which require computationally intensive Proof-of-Work (PoW) mining, Pi Network uses a novel approach called the Stellar Consensus Protocol (SCP). This allows users to mine Pi tokens through a mobile application without consuming excessive energy. Pi Network’s tokenomics revolve around a predefined supply mechanism. Unlike Bitcoin, which has a fixed cap of 21 million coins, Pi’s total supply has not been clearly defined, leading to concerns about potential inflation. The mining rate of Pi decreases as more users join the network, ensuring a gradual reduction in new token issuance. The project has implemented different mining phases, transitioning from an open distribution model to a more controlled emission rate as it nears full decentralization. Supply and Demand Dynamics One of the major challenges for Pi Network is establishing a strong demand for its token. While millions of users have mined Pi, the token currently has no official listing on major exchanges, meaning it cannot be traded freely for fiat or other cryptocurrencies. The project aims to introduce real-world utility for Pi by enabling peer-to-peer transactions, marketplace integrations, and decentralized applications (dApps) that accept Pi as payment. However, until a robust ecosystem develops, the token’s value remains speculative. Another concern is the potential oversupply of Pi. Since millions of users have accumulated tokens over several years, a sudden influx of Pi into the market could lead to significant price drops. The project must implement effective burning mechanisms, staking incentives, or other deflationary measures to counteract inflation. Economic Sustainability and Market Adoption For Pi Network’s tokenomics to be viable, it must create an economic model that incentivizes both users and businesses to adopt the currency. This includes: 1. Limited Supply Control: Without a clear maximum supply, Pi could suffer from inflation, reducing its long-term value proposition. The team must define a concrete supply cap or introduce scarcity mechanisms. 2. Utility Creation: Pi must be integrated into real-world applications, such as online marketplaces and payment gateways, to drive organic demand. Partnerships with businesses and merchants will be crucial in achieving this. 3. Exchange Listings: Without liquidity and the ability to trade Pi on major exchanges, its perceived value remains uncertain. Once Pi’s mainnet is fully operational, exchange listings will provide price discovery and market stability. 4. Regulatory Compliance: As cryptocurrencies face increasing scrutiny, Pi Network must ensure compliance with financial regulations to avoid legal hurdles that could hinder adoption. Is Pi Network’s Tokenomics Viable? Pi Network presents an innovative approach to cryptocurrency mining and accessibility. However, its long-term viability depends on the successful implementation of a sustainable economic model. Without clear supply mechanisms, real-world utility, and exchange liquidity, Pi risks becoming another speculative digital asset with limited adoption. If the project can address these challenges, it has the potential to carve out a niche in the crypto ecosystem. $PI

Bitget is a prominent cryptocurrency exchange and Web3 company established in 2018. It offers a comprehensive platform for buying, selling, holding, and earning cryptocurrencies, supporting over 500 digital assets, including Bitcoin (BTC) and Ethereum (ETH). The platform is accessible via its website and mobile applications. One of Bitget's standout features is its pioneering copy trading service, which allows users to replicate the trades of experienced traders. This feature has contributed to its reputation as a user-centric platform. As of early 2025, Bitget serves over 100 million registered users across more than 150 countries and regions, with a daily trading volume exceeding 10 billion USDT. The platform's native token, Bitget Token (BGB), plays a central role in its ecosystem, offering users various benefits such as fee discounts and participation in exclusive events. As of March 1, 2025, BGB is trading at $4.13. In terms of security and transparency, Bitget has implemented a Proof of Reserves mechanism, maintaining a 1:1 reserve ratio to ensure all customer assets are fully backed. This commitment to security has been recognized by Forbes, which listed Bitget among the world's most trustworthy crypto exchanges. Bitget has also expanded its services through strategic partnerships and acquisitions. Notably, in March 2023, it acquired the crypto wallet BitKeep for $30 million, enhancing its infrastructure offerings. Additionally, collaborations with prominent figures like Lionel Messi aim to promote blockchain education through initiatives such as Blockchain4Youth. For users interested in mobile access, Bitget offers applications on platforms like Google Play, providing features such as futures trading, spot trading, grid trading, and copy trading, along with opportunities to earn through flexible savings products. Overall, Bitget continues to position itself as a leading exchange in the cryptocurrency space, focusing on innovation, user-centric services, and robust security measures. Bitget is one of the largest cryptocurrency exchanges, serving over 45 million users in more than 170 countries, with daily trading volumes exceeding $10 billion. Known for its strong focus on trading, Bitget supports around 140 fiat currencies and offers access to 800+ spot tokens and nearly 300 derivatives markets, with leverage up to 125x. Its competitive fees, advanced trading tools, and robust security make it a great option for both beginner and experienced traders. In addition to spot, margin, and derivatives markets, Bitget provides features like copy trading, bot trading, and P2P trading while maintaining some of the lowest fees in the industry.

How to Modify/Reset/Disable PIN Code for My Bitget Account? - Mobile App Guide | Bitget Support Center https://www.bitgetapps.com/support/articles/12560603821294 mahdicabdilaahi

Pi Network (PI) has generated significant buzz, especially among retail investors. While it's difficult to predict its future market performance with certainty, I'll provide an analysis of its potential. Strengths 1. Unique Consensus Algorithm: Pi Network's Stellar Consensus Protocol (SCP) allows for a more energy-efficient and decentralized network. 2. Mobile-First Approach: Pi's mobile app makes it accessible to a broader audience, potentially increasing adoption. 3. Strong Community: Pi has a dedicated and active community, which can contribute to its growth. Weaknesses 1. Lack of Clear Use Cases: Pi's use cases are still unclear, making it challenging to assess its potential for mainstream adoption. 2. Centralized Governance: Pi's governance model has raised concerns about centralization, which could impact its decentralization and security. 3. Regulatory Uncertainty: As with many cryptocurrencies, Pi faces regulatory uncertainty, which could impact its future. Market Performance Given the current market trends and Pi's strengths and weaknesses, here are possible scenarios: 1. Short-Term Volatility: Pi's price may experience significant volatility due to speculation and market sentiment. 2. Long-Term Potential: If Pi can establish clear use cases, improve its governance model, and navigate regulatory challenges, it may have long-term potential for growth. Conclusion While Pi Network has generated significant interest, its future market performance is uncertain. It's essential to approach Pi with a critical and nuanced perspective, considering both its strengths and weaknesses. As with any investment, it's crucial to: 1. Conduct thorough research 2. Set clear investment goals 3. Manage risk effectively Remember, investing in cryptocurrencies carries inherent risks, and it's essential to prioritize caution and informed decision-making.