in , ,

Pi Network: Atlantis Exchange predict price of Pi may hit $150k in six weeks

The Atlantis Exchange platform today tweeted a poll asking users to predict the value of Pi in the next 1-6 weeks at $150k, $75k, $38k, or $500 or less.

The Atlantis platform has continued to be the sole exchange platform where Pi price is trading above $1,000 since being listed as IOU on a number of exchanges. Its value remained below $500 in all other exchanges.

But how likely is it to be? On the Atlantis platform, Pi is now trading above all other cryptocurrencies, including the most popular cryptocurrency Bitcoin, despite being listed as an IOU.

Trading IOUs involves some risk because the platform might need to redeem the stated IOU’s value for real Pi when the Mainnet is launched. Despite this, Atlantis has pledged to release genuine Pi regardless of how many IOU Pi tokens are currently being purchased.

Pi was also listed on Atlantis on the first day of the year, and within 24 hours of the listing, the token soared significantly to a record high of $35,000. No other platform was able to do this.

What is Pi Network?

Nicolas Kokkalis and Chengdiao Fan of Stanford University founded the Pi Network. To make digital money available to everyone, they began working on it in 2018. They created the Pi Network app and published a whitepaper on March 14, 2019.

Avatar

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

Leave a Reply

Avatar

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    Pi Coin Vs Bitcoin; the cryptocurrency that will make you richer this year 2023

    An Overview of Core’s Distribution and Tokenomics for the 3D Blockchain