Pi Coin: Experts Reveal Why Pi Network's GCV Vision Is Unrealistic

The price of Pi Network is currently a topic that draws attention from the market due to opposing arguments against the concept promoted by the community, GCV, and its price movements. A leading market expert has argued that GCV's vision is unrealistic. Amid this controversial discussion, the price of Pi Coin (PI) is still struggling to regain its upward momentum. However, optimism remains high regarding the future price movement of PI Coin. Dr Altcoin critiques the GCV concept of the Pi network. Dr. Altcoin, a renowned expert in the field of cryptocurrency, has recently conducted an in-depth study on the GCV vision of Pi Network and its implications. To be clearer, the vision of Global Consensus Value (GCV) comes from enthusiastic early adopters, not from the official core Pi Group. The GCV concept proposes a fixed value of 314.159 dollars for each PI, inspired by the mathematical constant π (3,14159). Supporters assert that GCV can help promote financial freedom and encourage real-world adoption. However, Dr. Altcoin noted that GCV has no hope of becoming a reality. His argument is based on the current circulating supply of PI being 7.4 billion.

The expert added that GCV is economically unfeasible, even when the circulating supply is limited to the 340 million PI Coins currently available on centralized exchanges (CEX). Dr Altcoin explains that 340 million PI at GCV will create a market capitalization equivalent to the total annual GDP of the world. He considers this an economically unfeasible scenario and emphasizes that GCV is not based on actual pricing principles. In the next post, Dr. Altcoin suggests focusing on building practical utilities. He sees this as a better alternative than imposing higher prices based on hype. Experts conclude that the value of Pi coin will increase in a natural and sustainable way as the level of usage rises. Binance may list PI Coin on June 28. The Binance community has voted in favor of listing PI in February 2025. However, regulatory issues and strategies have delayed this anticipated listing, causing disappointment in the Pi coin community. Recent speculation about the Binance exchange listing PI on its platform has increased. The upcoming Pi Day 2 event, scheduled to take place on June 28, 2025, is a key factor fueling these rumors. The community is looking forward to the PI Core Team making an important announcement at this event, similar to previous occasions. Binance is one of the largest cryptocurrency exchanges in the world. Therefore, if the exchange lists PI, it could draw attention to the reputation of this coin and expand its demand. When demand increases, the price of PI Network is likely to rise above the current level. Analysts predict the upcoming price increase According to data from CoinMarketCap, PI is trading at $0.62, down 1.2% from the previous day. Despite the price drop, cryptocurrency analyst MOON JEFF has forecasted a positive outcome for PI. Analysts say PI is preparing for an upcoming price surge. He posted a price chart of PI Network showing that the coin rose slightly by 0.05% in the 4-hour timeframe. According to MOON JEFF, PI could rise to $0.8 in the current cycle.

Earlier this week, the analyst predicted that PI would reach an all-time high of $2. His prediction is based on PI breaking through the resistance level of $1.20. Another analyst, Weslad, assessed the technical chart and indicated that the price of PI could drop to $0.16 if it falls below the support level of $0.38.