#MOODENG & PI & GOAT大涨

"PI Coin Soars 70%: Web3 Payment Revolution or Passing the Buck?"
Recently, the price of PI coin has surged by 70%. Is the underlying logic a technical realization or a financial game? This project, which started with "social mining," has been controversial since its launch in 2019. However, this time is different: with the mainnet opening and real payment scenarios gradually being tested, market confidence has been boosted.
Currently, the number of decentralized wallets for PI has exceeded 20 million, with active users ranking among the top three in Web3, especially forming a "quasi-currency" network effect in Southeast Asia, Africa, and other regions. Some e-commerce platforms have already attempted to accept PI payments, which is undoubtedly a key step towards practical application.
However, PI still faces serious liquidity constraints - multiple exchanges have not listed it, KYC is incomplete, and there is still dependence on centralization. If a complete DeFi ecosystem cannot be established, its growth momentum is unlikely to be sustained.

Short-term advice is to be cautious and observe whether the team can truly "delegate power" to the mainnet and achieve community-driven development.