The Pi Network has recorded a huge success as a single Pi is reported to have being exchanged at the rate of $60 this month.
According to a crypto trader and specialist Mr. Alexander Smith revealed this through a Facebook group (Pi Network for Development). Alexander stated that he has previously paid the sum of $60 just to purchase a single Pi and asked if other members of the group were willing to sell Pi.
“I buy 1 Pi for $60, if you have Pi for sell inbox me for a serious deal”. Alexander Smith stated.
Newsway however could not verify the genuineness or authenticity of his claim as at the time of filling this report .
Between Pi and Lumi Currency which one is worth my involvement?
At the moment, I have to be very sincere in attempting to answer this particular question as it poses biasness to the questioner in a particular area of interest.
The Lumi Currency
First, Lumi is not a cryptocurrency as others may view it. Lumi is a Central Bank Digital Currency (CBDC), so for an expert to consider a particular commodity to invest his resources in, he or she might have considered the risk involved like a non-governmental programme that may not make it to the end.
Lumi is an official currency of a Regional Government so it’s authenticity is not questionable despite not exchanging at the moment.
The Pi Currency
Pi is a cryptocurrency which is not regulated by any government. Cryptocurrencies are not regulated by the government so investors may not be willing to take a huge risk.
The questioners’ interest may not be judged correctly but on a fair ground this is the right judgement.