1. Introduction

Among many emerging cryptocurrencies, Pi Coin, with its unique mining method and large user base, is gradually emerging. Pi Coin was founded by a group of Stanford University graduates and aims to mine through mobile devices, allowing more people to participate in the world of cryptocurrencies and achieve the vision of ‘cryptocurrency for everyone.’

Since its launch in 2019, Pi Coin has experienced rapid growth in the number of users. As of now, its global user base has reached tens of millions, covering various countries and regions. This widespread user participation not only reflects the popularity of Pi Coin in the market but also triggers deep reflections on its potential value and future development. In the cryptocurrency market, value assessment and investment decisions have always been core issues of concern for investors.

It is of great practical significance to study the value and investment potential of innovative and influential cryptocurrencies like Pi Coin. On the one hand, accurately evaluating the value of Pi Coin can help investors make wise investment decisions, avoid blindly following the trend, and mitigate investment risks; on the other hand, from the perspective of market and industry development, in-depth research on Pi Coin helps us better understand the development patterns and market trends of emerging cryptocurrencies, providing reference for the healthy development of the entire cryptocurrency industry.

2. Analysis of Pi Coin Project

The Birth and Development of 2.1 Pi Coin

The birth of Pi Coin stems from the innovative ideas of a group of Stanford University graduates who are committed to creating a more fair and easy-to-participate cryptocurrency. On March 14, 2019, the Pi Network project was officially launched, and the app went live, marking the birth of Pi Coin. This special date - March 14, known as ‘Pi Day,’ also implies the close connection of Pi Coin with mathematics and science. In the early stages of the project launch, the main goal was to attract user participation and build a large user base. Through an invitation-based promotion method, Pi Coin gradually spread globally. Users simply need to download the Pi Network app on their mobile phones, click the mining button daily, and participate in mining Pi Coin. This simple and convenient method has attracted a large number of people interested in cryptocurrencies.

On May 22, 2019, the number of Pi Coin users exceeded 10,000, marking the beginning of the project’s initial market recognition. Since then, the project team has continuously optimized and upgraded the APP. On August 3, the APP was upgraded and a Chinese announcement was released for the first time, further expanding its influence globally, especially in the Chinese community. With the rapid growth of the user base, on October 25, 2019, the number of Pi Coin users reached 1 million. To ensure the fairness and stability of the network, the official team cleared 100,000 fraudulent accounts and announced the third halving of mining power on October 31. This measure reflects the project team’s emphasis on the healthy development of the network, ensuring a more reasonable and sustainable issuance of Pi Coin through adjusting the mining mechanism.

In 2020, Pi Coin continued to maintain strong momentum. On March 12, the project entered the second phase and released the Pi Phase2 video, marking an important step in the project’s technological research and development and ecological construction. In this phase, the project team increased their investment in technological research and development, committed to addressing some key issues in blockchain technology, such as improving transaction speed and enhancing network security. At the same time, community construction has also made significant progress, with the number of users continuing to climb. On December 8, 2020, the global active users of Pi officially exceeded 10 million. The project team promised to launch the mainnet within a year, which greatly stimulated the enthusiasm and expectations of users.

In 2021, Pi Coin has achieved many important milestones in technology and ecosystem development. On January 30, the official notice allowed administrators to apply for the Pi wallet test version, which is an important step for Pi Coin towards practical application. On March 14, the built-in wallet was officially launched, allowing users to store and manage their Pi Coin more securely and conveniently. In May, the official started to build piAPP to provide users with more diverse functions and services. On June 28, the piAPP construction was completed, and users who had early access to KYC (Know Your Customer) could use Pi coins for shopping, marking a further expansion of Pi Coin’s application scenarios. On December 8, 2021, Pi Coin finally ushered in the historic moment of going live, with a price set at 3.14 US dollars. This price not only carries symbolic significance but also reflects the initial market recognition of Pi Coin.

In 2022, despite the challenges of multiple exposures of its scams by the country and the introduction of related policies, the Pi Coin project team is still working hard to advance the project. They actively respond to regulatory policies, strengthen compliance construction, and continuously optimize technology and ecosystems, attempting to enhance the value and market recognition of Pi Coin. In this year, the project team continues to invest in research and development, improve consensus algorithms, and enhance the security and stability of the network. They also actively collaborate with various enterprises and institutions to explore the potential applications of Pi Coin in more fields, such as cross-border payments and supply chain finance.

2.2 Core Technology and Innovation Points

2.2.1 Unique Mining Mechanism

Pi Coin adopts a unique mobile mining mechanism, which is significantly different from traditional cryptocurrency mining methods. Traditional cryptocurrency mining, such as Bitcoin mining, usually requires specialized mining equipment like ASIC miners, which are not only expensive but also consume a huge amount of energy. At the same time, the mining process involves complex mathematical calculations, consuming a large amount of electricity resources and putting certain pressure on the environment.

In contrast, Pi Coin’s mobile mining is simpler and more environmentally friendly. Users only need to download the Pi Network APP on their mobile phones, open the APP every day, click the mining button, and they can participate in mining. This mining method does not require professional hardware equipment, almost all smartphones with basic configuration can participate, greatly reducing the participation threshold, allowing more people to easily join the ranks of cryptocurrency mining.

From a technical standpoint, Pi Coin mining does not verify transactions and create new blocks by solving complex mathematical problems like traditional mining. Pi Coin uses a variant algorithm called the Stellar Consensus Protocol (SCP), which combines the concepts of trust graph and virtual mining. In the Pi Network, users verify each other’s identities and transactions by building a trust graph. Each user is a node in the network and can invite trusted friends and family to join the network, forming a trust network. When users mine, the system allocates mining power based on the user’s position and activity in the trust graph. This approach not only ensures the security of the network but also promotes rapid network growth through the expansion of social relationships.

In addition, Pi Coin’s mining mechanism also takes into account fairness and sustainability. As the number of users increases, the mining difficulty will gradually adjust to ensure that each user has the opportunity to obtain Pi Coin. At the same time, to prevent malicious users from obtaining more mining income through a large number of registered accounts, Pi Network has introduced a strict identity verification mechanism, and only users who have passed KYC certification can truly participate in mining and trading, further ensuring the fairness and stability of the network.

2.2.2 Consensus Algorithm and Security

The consensus algorithm used by Pi Coin is an optimization and improvement of the Stellar Consensus Protocol (SCP). The Stellar Consensus Protocol is a consensus algorithm based on the Federated Byzantine Agreement (FBA), which achieves consensus through mutual trust and voting among nodes. In the Pi Network, this consensus algorithm has been further optimized to adapt to the scenario of mobile mining and the demand for large-scale user participation.

Specifically, Pi Coin’s consensus algorithm ensures the security and operational efficiency of the network in several ways: Firstly, in terms of node validation, Pi Network uses trust relationships between users to construct a trust graph. When joining the network, each user needs to be invited by other trusted users through an invitation link. This forms a layered trust structure within the network. During transaction verification, nodes will reference the information in the trust graph, and only transactions verified by trusted nodes have the possibility to be included in the blockchain. This effectively prevents malicious node attacks, as it’s difficult for malicious nodes to gain enough trust in a trust-based network to engage in fraudulent activities.

Secondly, in the process of reaching consensus, the Pi Coin algorithm adopts a mechanism similar to voting. When a new transaction or block needs to be validated, nodes in the network will vote according to pre-set rules. Only transactions or blocks that receive agreement from a certain proportion (usually more than two-thirds) of the nodes can be confirmed and added to the blockchain. This majority agreement mechanism ensures the reliability and stability of network decisions, avoiding network chaos caused by errors or malicious behavior of a minority of nodes.

Furthermore, in order to improve operational efficiency, the consensus algorithm of Pi Coin is designed with full consideration of the performance limitations of mobile devices. It adopts lightweight computing and communication methods, reduces the consumption of mobile resources, allowing users to participate in mining and network validation without affecting the normal use of their phones. At the same time, by optimizing data transmission and storage methods, the speed of transaction processing is improved, ensuring that the network can quickly respond to user operations.

From a security perspective, Pi Coin’s consensus algorithm has strong resistance to attacks. Through decentralized node distribution and trust mechanisms, it effectively defends against common blockchain attack methods, such as 51% attacks. In a 51% attack, the attacker needs to control more than half of the network’s computing power to tamper with transaction records and blockchain data. However, in the Pi Network, due to the decentralization of nodes and trust-based verification mechanisms, attackers find it difficult to concentrate enough computing power to carry out such attacks. In addition, Pi Coin also adopts various encryption technologies, such as hash algorithms, digital signatures, etc., to encrypt and protect transaction data and user information, ensuring the integrity and privacy of the data.

2.3 Project Team and Community Ecology

2.3.1 Team Members Background and Strength

The core team of Pi Coin is from Stanford University, which has outstanding academic reputation and research strength in computer science, cryptography, economics, and other fields. The team members have deep professional backgrounds and rich industry experience, and their expertise and innovative capabilities provide solid technical support and theoretical foundation for the development of Pi Coin.

Among them, one of the project’s founders, Dr. Nicolas Kokkalis, holds a Ph.D. in Computer Science from Stanford University, with in-depth research and rich practical experience in the field of distributed systems and blockchain technology. He has been involved in the development of multiple blockchain projects and has a profound understanding of the underlying technology and application scenarios of blockchain. In the Pi Coin project, he is mainly responsible for controlling the technical direction and designing core algorithms, committed to building an efficient, secure, and scalable blockchain platform.

Another co-founder, Dr. Chengdiao Fan, also a graduate of Stanford University, holds a Ph.D. and has outstanding abilities in human-computer interaction and mobile application development. In the Pi Coin project, she is responsible for the design and development of the APP, dedicated to providing users with a simple and easy mining experience. Her expertise and experience have enabled the Pi Network APP to perform well in user interface design, interactive process optimization, and attract a large number of users to participate.

In addition, there are also experts from different fields in the team, including cryptography experts, economists, marketing experts, etc. Cryptography experts are responsible for ensuring the security of the network and the encryption of data. They use advanced cryptographic technology to ensure the full protection of users’ transaction information and personal privacy. Economists play an important role in the design of the project’s economic model. By conducting in-depth research on the cryptocurrency market and economic laws, they design reasonable currency issuance mechanisms and incentive mechanisms to promote the sustainable development of Pi Coin. Marketing experts are responsible for promoting the project and building the brand. Through various channels and strategies, they enhance the visibility and influence of Pi Coin, attracting more users and partners.

The diverse backgrounds of team members have endowed the Pi Coin project with strong capabilities in technological development, product design, economic model construction, and marketing. They have not only demonstrated outstanding performance in their respective professional fields but also closely collaborated, fully leveraging their strengths to jointly promote the development of the Pi Coin project. This interdisciplinary teamwork model has laid a solid foundation for Pi Coin to stand out in the competitive cryptocurrency market.

2.3.2 Community Building and Activity

Pi Coin has a large and highly active community, which is one of its important advantages for project development. Since its launch, with its unique mining concept and easy participation, Pi Coin has attracted a large number of users worldwide. As of now, Pi Coin has millions of users globally, spanning across various countries and regions, representing people of different ages, professions, and cultural backgrounds.

The activity of the community is mainly reflected in the high participation and active interaction of users. On the official community platform of Pi Network, users actively communicate about mining experience, technical issues, project progress, and other topics related to Pi Coin. There are a large number of posts published every day, and the replies and discussions among users are also very enthusiastic. This active communication atmosphere not only promotes knowledge sharing and experience exchange among users, but also enhances users’ sense of identity and belonging to the project.

The community plays a crucial role in promoting the development of the Pi Coin project. Firstly, community users are the main promoters of Pi Coin. Through word-of-mouth and sharing on social networks, users introduce Pi Coin to their friends, family, and colleagues, attracting more people to join the project. This interpersonal relationship-based promotion method has enabled the number of Pi Coin users to grow rapidly, forming a strong user base.

Secondly, the feedback and suggestions from community users play an important guiding role in the improvement and optimization of the project. The project team attaches great importance to the opinions of community users. They collect feedback from users through community platforms to understand the issues and needs encountered by users during the usage process. Based on this feedback, the project team continuously updates and upgrades the APP, optimizes the mining mechanism, improves user experience, and enables Pi Coin to better meet user expectations.

In addition, the community has played an active role in the ecological construction of the project. Many community users spontaneously participate in the application development and promotion of Pi Coin. Based on the Pi Network platform, they have developed various interesting applications and services, such as e-commerce platforms, game applications, social tools, etc. The emergence of these applications has enriched the Pi Coin ecosystem, providing users with more usage scenarios and value, further driving the development of Pi Coin.

To better manage and promote the development of the community, the Pi Coin project team has also established a complete community governance mechanism. They have selected a group of outstanding community managers responsible for maintaining community order, answering user questions, organizing community activities, etc. At the same time, the project team regularly holds online and offline community activities such as technical lectures, seminars, meetups, etc., enhancing the connection and interaction among community users, and improving the cohesion and activity of the community.

3. Factors Influencing the Value of Pi Coin

3.1 Technical Aspect

3.1.1 Technical Stability and Scalability

The technical architecture of Pi Coin is designed to fully consider the needs of large-scale user participation and transaction processing. Its use of the Stellar Consensus Protocol (SCP) variant algorithm not only ensures network security, but also has a certain scalability advantage. Unlike traditional Proof of Work (PoW) algorithms, the SCP algorithm does not require a large amount of computing resources to verify transactions, enabling the Pi Coin network to run stably on relatively low-performance hardware such as mobile devices, providing a foundation for large-scale user participation.

In practical application, with the continuous growth of Pi Coin users, the stability of the network is facing a test. From the past development situation, Pi Network has taken a series of measures to cope with the growth of users, such as optimizing algorithms, adjusting server configurations, etc., to ensure the normal operation of the network. However, compared with some mature blockchain projects, Pi Coin still faces certain challenges in technical stability and scalability. For example, during certain network peak periods, some users may encounter issues such as slow APP response and connection timeouts, reflecting the need for further optimization of its technical architecture in handling high-concurrency user requests.

3.1.2 Technical Innovation and Upgrade Plan

The Pi Coin team has shown a proactive attitude towards technological innovation and clear upgrade plans. In terms of technical innovation, Pi Coin is committed to solving some pain points of blockchain technology in practical applications. For example, in terms of user experience, by mining on mobile phones, it greatly reduces the threshold for users to participate in blockchain, allowing more ordinary users to easily access and participate in the cryptocurrency field. This innovative mining method is not only a technological breakthrough, but also an innovation in business models and user participation models, opening up new paths for the popularization and application of blockchain technology.

In terms of privacy protection technology, Pi Coin is also constantly exploring and innovating. With the development of blockchain technology, the demand for privacy protection by users is increasing. The Pi Coin team is researching the use of advanced encryption technology and zero-knowledge proofs to ensure the privacy and security of users during transactions. The application of these technologies will make Pi Coin more competitive in protecting user privacy, meeting the strict requirements of users for privacy protection.

Regarding the future upgrade plan, the Pi Coin team has formulated a series of development goals. On the technical front, the plan is to further optimize the consensus algorithm, improve the performance and security of the network. Through continuous improvement of the Stellar consensus protocol, enhance its adaptability and stability in complex network environments, ensuring that the network can process a large number of transaction requests quickly and accurately. At the same time, the team also plans to strengthen interconnection with other blockchain projects, achieve asset transfer and data sharing between different blockchains through cross-chain technology, and expand the application scenarios and ecosystem of Pi Coin.

3.2 Market Supply and Demand

3.2.1 Supply Mechanism and Release Plan

The supply mechanism of Pi Coin is based on its unique mining and issuance model. In terms of mining, Pi Coin adopts the method of mining on mobile phones. Users can participate in mining by downloading the Pi Network APP on their mobile phones and clicking the mining button every day. This mining method is different from traditional Proof of Work (PoW) mining, as it does not require a large amount of computing resources and energy, but achieves mining and consensus mechanisms through trust relationships and social networks among users.

The total supply of Pi Coin is limited, and the specific total amount is clearly specified in the project’s whitepaper. In terms of token release, Pi Coin adopts a gradual release strategy. In the early stages of the project, to attract user participation and build the community, mining rewards are relatively high. As the number of users increases and the network develops, mining difficulty will gradually adjust, and rewards will decrease accordingly. This release plan aims to control the circulation speed of Pi Coin, avoiding a large number of tokens entering the market in the short term, which may cause excessive price fluctuations.

3.2.2 Market Demand Driving Factors

The demand for Pi Coin in the market is driven by various factors. With the continuous development and improvement of the Pi Coin ecosystem, its application scenarios are becoming increasingly diverse, which is one of the key factors driving demand growth. In the payment field, more and more merchants are starting to accept Pi Coin as a payment method. Whether it is online e-commerce platforms or offline physical stores, some merchants have joined the ranks of accepting Pi Coin payment. This allows users holding Pi Coin to use it for consumption in more scenarios, increasing the practicality and demand for Pi Coin. For example, in some cross-border e-commerce transactions, Pi Coin can serve as a convenient payment method, reducing transaction costs and time, meeting users’ cross-border payment needs.

Investor demand for Pi Coin is also an important component of market demand. With the development of the cryptocurrency market and the increasing awareness of investors towards cryptocurrencies, more and more investors are turning their attention to Pi Coin. The unique technology and development prospects of Pi Coin have attracted the attention of investors, who hope to increase their assets through investing in Pi Coin. In some cryptocurrency investment forums and social groups, discussions and analysis of Pi Coin by investors can often be seen. Based on their investment strategies and risk preferences, they choose the right timing to buy or sell Pi Coin. Some investors believe that as an emerging cryptocurrency, Pi Coin has great development potential, and its price may have significant room for growth in the future, thus they are willing to invest funds in it.

The promotion and development of the community also have a positive impact on the market demand for Pi Coin. Pi Coin has a large and active community, and community members continuously attract new users through word-of-mouth communication, social network sharing, etc. When new users understand the characteristics and advantages of Pi Coin, they often generate a demand for Pi Coin, hoping to participate in the Pi Coin ecosystem, acquire and hold Pi Coin. Community members also actively participate in the application development and promotion of Pi Coin, creating more usage scenarios and value for Pi Coin, further stimulating market demand for Pi Coin. For example, some community members spontaneously organize offline activities to promote the concept and application of Pi Coin, attracting the attention and interest of people around them in Pi Coin, thereby driving the growth of market demand.

3.3 Policy and Regulations

3.3.1 Compliance Challenges and Response Strategies

Pi Coin faces a series of compliance challenges globally. In different countries and regions, the legal status and regulatory requirements of cryptocurrencies vary, making it necessary for Pi Coin to deal with complex legal environments when expanding into markets. In some countries, cryptocurrencies are regarded as financial assets and are subject to strict financial regulatory requirements, including Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. The Pi Coin team needs to ensure that its operations comply with these regulations, establish sound KYC and AML mechanisms, verify user identities, and prevent money laundering and illicit fund inflows.

4. Exploring the Value Prediction of Pi Coin

4.1 Different Institutions and Expert Opinions

Different institutions and experts have significantly different predictions on the future value of Pi Coin, reflecting varying market views on its development prospects.

Some optimistic views believe that Pi Coin has huge development potential, and its future value is expected to increase significantly. Some experts point out that the unique mobile mining mechanism and large user base of Pi Coin are important supports for its value growth. With the continuous increase in the number of users, the network effect of Pi Coin will gradually become apparent, and its influence in the cryptocurrency market will continue to expand. If Pi Coin can successfully expand into more application scenarios, such as breakthroughs in cross-border payments, decentralized finance, etc., its demand will significantly increase, thereby driving up the price. Some experts predict that in the next 5 years, if the ecosystem of Pi Coin can be fully developed, its price is expected to reach 10 - 50 US dollars.

Some institutions are optimistic about Pi Coin from the perspectives of technological innovation and market trends. They believe that the technical team of Pi Coin has strong research and development capabilities and is expected to make more breakthroughs in blockchain technology in the future, improving the performance and security of Pi Coin. With the popularization and application of blockchain technology, the overall cryptocurrency market will show a growth trend, and Pi Coin, as a member of it, will also benefit from the market development. These institutions predict that in the next 3-5 years, the value of Pi Coin may achieve multiple growth as the market grows.

However, many institutions and experts are also cautious about the future value of Pi Coin. Some experts point out that Pi Coin is currently facing many uncertainties and risks. The market awareness of Pi Coin is relatively low, especially in some traditional financial fields and mainstream investment groups, with limited acceptance. This may limit its application and value enhancement in a broader market. The uncertainty of regulatory policies is also an important factor. Since the regulatory policies of the cryptocurrency industry have not been unified globally, Pi Coin may face different regulatory environments in different countries and regions, increasing the risks of its development. If a major country adopts strict regulatory measures on cryptocurrencies, it may have a negative impact on the price of Pi Coin.

4.2 Comprehensive Forecasting and Uncertainty Consideration

Taking into account various perspectives, there is a significant level of uncertainty regarding the future value of Pi Coin, making it difficult to predict its value range. From an optimistic perspective, if Pi Coin can successfully address technical issues, expand its use cases, gain broader market acceptance, and if the global regulatory environment is more crypto-friendly, its price could potentially reach $5 - $20 in the next 3 - 5 years. In this scenario, Pi Coin’s ecosystem is fully developed, the user base continues to grow, its applications cover multiple fields, making it a project of significant influence in the cryptocurrency market.

From a pessimistic perspective, if Pi Coin encounters major setbacks in technical development, market promotion, or regulatory response, its value may be difficult to increase effectively, or even decline. If Pi Coin fails to solve the scalability issue of the technology, resulting in slow transaction speed and poor user experience, it may lose user support; or encounter major regulatory blows, being restricted or banned from trading by multiple countries, its price may plummet significantly, even approaching zero.

In conclusion, the future value of Pi Coin is full of uncertainty. Investors need to fully understand these risks and uncertainties when considering investing in Pi Coin, and make investment decisions cautiously.

5. Investment Feasibility Analysis

5.1 Investment Risk Assessment

5.1.1 Market Risk

The market price of Pi Coin fluctuates dramatically, which is one of the main market risks faced by investors. The cryptocurrency market as a whole is highly uncertain and volatile, and Pi Coin is no exception. Its price is influenced by a variety of factors, including market supply and demand, investor sentiment, macroeconomic environment, etc. On the demand side, there is a certain level of uncertainty as to whether Pi Coin’s application scenarios can expand successfully, whether it can attract more users and merchants, etc. If the market demand for Pi Coin fails to grow effectively, its price may be suppressed. Conversely, if market demand suddenly increases, it may lead to a significant short-term price surge, but this surge may also be short-lived, followed by a price correction.

5.1.1 Technical Risks

Technical failure is one of the important technical risks facing Pi Coin investment. Pi Coin’s blockchain technology relies on complex algorithms and systems. If technical failures occur, it may lead to network paralysis, transaction interruptions, and other issues. During the development of Pi Coin, if its consensus algorithm has vulnerabilities, it may be susceptible to hacker attacks, threatening network security and potentially causing loss of user assets. If Pi Coin’s servers experience malfunctions and are unable to process user transaction requests properly, it will impact user experience and reduce user trust in Pi Coin.

5.2 Investment Advice and Strategies

For investors with lower risk tolerance and more conservative investment style, considering the many uncertainties and risks facing Pi Coin at present, it is not recommended to include it in the investment portfolio. These investors are more inclined to choose investment products with lower risk and relatively stable returns, such as government bonds, fixed deposits, etc. Pi Coin has sharp market price fluctuations, higher investment risks, and does not align with the risk preference of conservative investors.

For investors with high risk tolerance, certain investment experience, and deep understanding of the cryptocurrency market, Pi Coin can be considered as part of the investment portfolio, but the investment proportion should be strictly controlled. These investors can control the investment proportion of Pi Coin within 5% - 10% of the total assets based on their risk preference and investment objectives. During the investment process, it is important to closely monitor the market dynamics, technical developments, and policy changes of Pi Coin, and adjust investment strategies in a timely manner.

In terms of investment strategy, it is recommended that investors adopt a diversified investment approach to reduce investment risks. In addition to investing in Pi Coin, funds can also be diversified into other mainstream cryptocurrencies such as Bitcoin, Ethereum, and other asset classes such as stocks and bonds. Diversified investment can effectively reduce the impact of price fluctuations of a single asset on the investment portfolio.

Investors need to stay rational and calm, and avoid blindly following the trend. In the cryptocurrency market, market sentiment and speculative factors often lead to significant price fluctuations. Investors should not be swayed by market sentiment, but should make rational investment decisions based on in-depth research and analysis of the project. Before investing in Pi Coin, it is important to fully understand its technical principles, project team, market prospects, and evaluate its investment value and risks.

Investors should also pay attention to market changes and policy adjustments, and adjust investment strategies in a timely manner. The cryptocurrency market changes rapidly, and policies may change at any time. Investors need to closely monitor market dynamics and policy trends, adjust investment portfolios in a timely manner according to market changes, to reduce investment risks, and maximize investment returns.

Conclusion

Pi Coin (PI) is a cryptocurrency launched by the Pi Network project. In terms of investment feasibility, Pi Coin has a certain potential for investment returns. If the project develops successfully, investors may receive higher returns. However, investment risks should not be ignored, including market risks, technological risks, policy risks, and project risks. Market price fluctuations, technical failures and security vulnerabilities, policy restrictions, as well as unfavorable project progress, could all lead to investor losses.