Pi Coin: Expert Reveals Why Pi Network’s GCV Vision Is Unrealistic

The Pi Network price is currently the subject of the market’s attention due to arguments against a community-driven concept, GCV, and its price action. A top market expert has argued that the GCV vision is unrealistic.

Amid this controversial discussion, the price of Pi Coin (PI) is still fighting to regain momentum. Still, optimism is high for the future movement of PI Coin price.

Dr Altcoin Argues Against the Pi Network GCV Concept

Dr Altcoin, a popular expert in the crypto space, recently delved into Pi Network’s GCV vision and its implications.

For clarity, the Global Consensus Value (GCV) vision originated from enthusiastic early adopters, Pioneers, rather than the official Pi Core Team.

The GCV concept proposes a fixed value of $314,159 per PI, inspired by the mathematical constant π (3.14159).

Supporters claim GCV can help promote financial freedom and encourage real-world adoption.

However, Dr Altcoin has noted that GCV has no hope of becoming a reality. His argument is hinged on the current circulating supply of PI, which is at 7.4 billion.

The expert added that GCV is economically unrealistic, even if the circulating supply were limited to the 340 million PI Coin currently available on Centralized Exchanges (CEXs).

Dr Altcoin explained that 340 million PI at GCV would result in a market cap equivalent to the world’s total annual GDP.

He sees this as an economically impossible scenario and emphasized that GCV is not grounded in realistic valuation principles.

In a follow-up post, Dr Altcoin suggests focusing on building real-world utilities. He sees this as a better alternative than imposing a higher price based on hype.

The expert concluded that the value will follow organically and sustainably for the Pi coin as its usage increases.

Binance Could List PI Coin on June 28

The Binance community voted in favor of a PI listing in February 2025. However, regulatory and strategic issues have delayed this high anticipated listing, which has caused frustration among Pi coin community members.

Speculations about the Binance exchange listing PI on its platform have recently intensified. The upcoming Pi Day 2 event, scheduled for June 28, 2025, is a key factor sparking these rumors.

The community anticipates that the PI Core Team will unveil a big announcement during the event, as it has done in previous celebrations.

Binance is one of the biggest crypto exchanges in the world. Thus, if the exchange lists PI, it could increase the coin’s reputation and expand demand.

As demand increases, the PI Network price will likely climb higher from current levels.

Analyst Predicts Upcoming Rally

According to CoinMarketCap data, PI was trading at $0.62, down 1.2% over the previous day. Despite the price drop, crypto analyst MOON JEFF forecasted a positive outcome for PI.

The analyst said PI is primed for an imminent rally. He posted a PI Network price chart showing the coin rallying modestly by 0.05% over a 4-hour time frame.

According to MOON JEFF, PI could rally towards $0.8 in the current cycle.

Earlier this week, the analyst predicted PI to hit an all-time high of $2. His prediction is based on PI crossing over the $1.2 resistance level.

Another analyst, Weslad, evaluated technical charts and said the price of PI may drop to $0.16 if it breaks below the $0.38 support.

The post Pi Coin: Expert Reveals Why Pi Network’s GCV Vision Is Unrealistic appeared first on The Coin Republic.