A LITTLE REMEMBER OF WHAT PI NETWORK IS
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Pi Coin, the Pi Network cryptocurrency, represents an innovation in the world of digital finance. Designed to be accessible, Pi Network allows users to mine coins directly from their mobile devices without excessive resource consumption1. The Pi coin is not yet listed on exchanges, but has generated significant interest globally.
The project was launched in March 2019 with the vision of allowing anyone to contribute to network security and profit from cryptocurrency mining. The ease of use and focus on inclusivity make Pi Network an attractive proposition for those new to cryptocurrencies.
Although the market value of Pi Coin is not established due to its absence from exchanges, the coin has reached a price of $37.99 on some price tracking platforms2. This value is speculative, as it depends on community participation and perception of the project.
Pi Network is distinguished by its unique mining mechanism, which does not require specialized hardware and is based on the security of contributions from network members. Users can increase their mining rate by inviting others to the network, which also improves the overall security of the system.
With over 18 million registered users, Pi Network is on its way to establishing its own blockchain and entering a phase where the Pi coin could begin trading on public exchanges. The expectation is that once the network reaches critical mass and is officially launched, Pi Coin could become a cryptocurrency usable in everyday transactions, potentially increasing its value and relevance in the cryptocurrency market.