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Can Pi Network Surpass Bitcoin After The Open Mainnet.
The Pi Network community is buzzing with speculation about its potential to outshine Bitcoin. The Open mainnet has sparked intense discussions, with consensus feedback pouring in from enthusiasts.Can Pi Network Surpass Bitcoin After The Open Mainnet.Cryptocurrency enthusiasts worldwide are closely watching the Pi Network, a thriving community of millions engaged in mining the Pi cryptocurrency. Unlike traditional mining methods, Pi Network leverages an innovative mobile mining mechanism, rewarding its community for diverse contributions to the Web3 app ecosystem. This article delves into the intriguing question that's recently surfaced on Twitter: "Can Pi Network surpass Bitcoin after the Open mainnet. The Pi Network community is buzzing with speculation about its potential to outshine Bitcoin. The Open mainnet has sparked intense discussions, with consensus feedback pouring in from enthusiasts. The community is eager to unravel the possibilities and challenges that lie ahead for Pi Network. Imagining Pi Network's Price Equal to Bitcoin
In a hypothetical scenario where Pi Network's price equals that of Bitcoin, the implications are staggering. With a total supply of 10,000,000,000, achieving a market capitalization equal to Bitcoin's would imply a Pi Network capitalization of $370,000,000,000,000. However, given the current market capitalization of $1,400,000,000,000, such parity seems unlikey. The Case of Pi Network Capitalization Matching Bitcoin
Investors are contemplating the idea of Pi Network's capitalization reaching parity with Bitcoin, speculating a price of $72. This number has gained acceptance within the community. It's noteworthy that the current price of Pi on HTX or Bitmart is $36, making the $72 threshold a significant milestone if achieved.Factors Influencing Price Increase
Predicting a product's price increase involves a multitude of factors. For Pi Network to attain the value of Bitcoin, time is a crucial element.