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Will the value of Pi Coin reach 315 thousand Dollar?
Does the value of Pi Coin reach 315 thousand Dollar? The prophet Chainlink reveals the truth!
The Pi Network shocks the world once again!
According to a news report, the price of Pi Coin has reached 315 Thousand Dollar, and in some data, this high price has reached 320 Thousand Dollar!
Yes, you read that correctly, three hundred fifteen thousand Dollar!
I was surprised after reading this news, so I decided to conduct some research.
And now the big question arises, how can this happen?
To verify this price, Pi Network took a further step and integrated Chainlink Oracle into its system.
But before you are surprised by the price of Pi, let's understand what Chainlink Oracle is.
What is Chainlink Oracle?
Chainlink is a decentralized oracle network that acts as a bridge between blockchain and real-world data.
Now, Pi Network uses Chainlink Oracle to track the value of Pi based on P2P transactions and real-world utilities in the Pi ecosystem.
This means that as the use of Pi in the real world ( to purchase goods and services ) increases, its value also rises, and Chainlink converts that into a live data feed for everyone to see.
How does Chainlink Oracle discover the price of Pi?
Chainlink collects real-time price data from a variety of sources such as P2P markets, utility platforms, and the broader Pi ecosystem.
Then check the validity of this data and use diversity methods to estimate the value of Pi.
Based on this data, extreme prices are recorded, reaching up to 315 thousand Dollar, especially from symbolic utility deals or high-value strips.
Is this a glimpse of the future?
Pi has not been fully listed on the open market yet,
But the data from the Chainlink Oracle definitely indicates that once Pi is launched on the open mainnet, the demand for it and its utility could drive it to incredible heights.
In other words, GCV 314159 ( has been confirmed as a joke or perhaps not! ).
Are you still confused?
Don't worry - I was confused at first too. Here’s the clarification:
Chainlink is a blockchain that does not rely solely on online data.
It collects real prices from places like stock markets, cricket betting, agricultural markets, etc., and links them to the blockchain in real time.
This feature is not available on most blockchains - that is why Pi Network partnered with Chainlink.
Take an example.
Let's assume that someone is using their Pi coin to buy a mobile phone from a local store.
This transaction has not been recorded on a major cryptocurrency exchange, but it shows the real demand and utility of Pi.
Chainlink Oracle collects data from off-chain components such as phone prices and Pi used, then estimates the market value of Pi in real-time.
Our pioneers, our dream has almost become a reality, but we must work harder!
The Pi Core team works with all its heart, but actual progress depends on us.
The more effort we put in, the sooner we will see Pi at the GCV price.
Don't stop now - together, let's build a new world!
SANO+Chainlink will work on reducing the risks of manipulating the value of Pi using its Oracle and ensuring the integrity of the data provided to the smart contract.
When tracking the internal value of Pi, the data shows that the value of Pi reached 315,000 Dollars, with a low of 313,000 Dollars.
#شبكة_باي #Crypto News #Pay