🚨 EVERYONE MUST READ THIS 🚨
Pi Coin Hits $315,000? Chainlink Oracle Reveals the Truth!
Pi Network Shocks the World Again!
According to a news report, the Pi Coin price has hit $315,000, and in some data, this high price even reached $320,000!
Yes, you read that right, three hundred and fifteen thousand dollars!
I was shocked after reading this news, so I decided to do some research.
Now the big question arises, how is this possible?
To verify this price, Pi Network has gone one step further and integrated Chainlink Oracle into its system.
But before you get surprised by the price of Pi, let's understand what Chainlink Oracle is.
What is Chainlink Oracle?
Chainlink is a decentralized oracle network that acts as a bridge between blockchain and real-world data.
Now, Pi Network is using this Chainlink Oracle to track the value of Pi based on P2P transactions and real-world utility in the Pi ecosystem.
This means that as Pi’s usage increases in the real world (for purchasing goods and services), its value is also increasing, and Chainlink is converting that into a live feed for all to see
How does Chainlink Oracle discover the price of Pi?
Chainlink collects real-time price data from a variety of sources such as P2P marketplaces, utility platforms, and the broader Pi ecosystem.
It then validates this data and uses diversity methods to estimate the value of Pi.
Based on this data, even extreme prices like $315,000 are being recorded, especially from symbolic utility transactions or high-value bars.
Is this a glimpse of the future?
Pi is not yet fully listed on the open market,
but data via Chainlink Oracle certainly suggests that once Pi is launched on the open mainnet, its demand and utility could push it to incredible heights.
In other words, GCV 314159 CONFIRMED (joke or not!).
Still confused?
Don’t worry — I was confused at first too. Here’s the explanation:
Chainlink is a blockchain that doesn’t rely solely on online data.
It collects real prices from places like stock markets, cricket betting, agricultural mandis, etc., and connects them to the blockchain in real time.
This feature is not available on most blockchains — which is why Pi Network is partnering with Chainlink.
Let’s take an example
Let’s say someone uses their Pi tokens to buy a mobile phone at a local store.
This transaction is not recorded on a major cryptocurrency exchange, but it shows the real demand and utility of Pi.
Chainlink Oracle collects data from off-chain concoctions such as phone prices and used Pi and then estimates the real-time market value of Pi.
Pioneers, our dream is now almost a pure reality but we have to work harder! To embrace Pi network, use pi network, accept pi network, spend pi network, mine ⛏️ pi network, invite people to join pi network and remember to use the Pi network utilities on the Ecosystem on the pi browser.
The Pi Core team is working with all our hearts, but real progress depends on us.
The more effort we put in, the sooner we will see Pi with GCV price.
Don't stop now - let's build a new world together!
SANO+Chainlink, will reduce the risk of manipulating the value of Pi using its Oracle and ensure the integrity of the data provided to the smart contract.
Tracking the value of Pi internally, data shows that the value of Pi reached $315,000, the lowest was $313,000.
#pinetwork #cryptonews #investment #investmentopportunity #pinetwork #crypto #pipayment #wolibughatti #pigcv
🚨 EVERYONE MUST READ THIS 🚨
Pi Coin Hits $315,000? Chainlink Oracle Reveals the Truth!
Pi Network Shocks the World Again!
According to a news report, the Pi Coin price has hit $315,000, and in some data, this high price even reached $320,000!
Yes, you read that right, three hundred and fifteen thousand dollars!
I was shocked after reading this news, so I decided to do some research.
Now the big question arises, how is this possible?
To verify this price, Pi Network has gone one step further and integrated Chainlink Oracle into its system.
But before you get surprised by the price of Pi, let's understand what Chainlink Oracle is.
What is Chainlink Oracle?
Chainlink is a decentralized oracle network that acts as a bridge between blockchain and real-world data.
Now, Pi Network is using this Chainlink Oracle to track the value of Pi based on P2P transactions and real-world utility in the Pi ecosystem.
This means that as Pi’s usage increases in the real world (for purchasing goods and services), its value is also increasing, and Chainlink is converting that into a live feed for all to see
How does Chainlink Oracle discover the price of Pi?
Chainlink collects real-time price data from a variety of sources such as P2P marketplaces, utility platforms, and the broader Pi ecosystem.
It then validates this data and uses diversity methods to estimate the value of Pi.
Based on this data, even extreme prices like $315,000 are being recorded, especially from symbolic utility transactions or high-value bars.
Is this a glimpse of the future?
Pi is not yet fully listed on the open market,
but data via Chainlink Oracle certainly suggests that once Pi is launched on the open mainnet, its demand and utility could push it to incredible heights.
In other words, GCV 314159 CONFIRMED (joke or not!).
Still confused?
Don’t worry — I was confused at first too. Here’s the explanation:
Chainlink is a blockchain that doesn’t rely solely on online data.
It collects real prices from places like stock markets, cricket betting, agricultural mandis, etc., and connects them to the blockchain in real time.
This feature is not available on most blockchains — which is why Pi Network is partnering with Chainlink.
Let’s take an example
Let’s say someone uses their Pi tokens to buy a mobile phone at a local store.
This transaction is not recorded on a major cryptocurrency exchange, but it shows the real demand and utility of Pi.
Chainlink Oracle collects data from off-chain concoctions such as phone prices and used Pi and then estimates the real-time market value of Pi.
Pioneers, our dream is now almost a pure reality but we have to work harder! To embrace Pi network, use pi network, accept pi network, spend pi network, mine ⛏️ pi network, invite people to join pi network and remember to use the Pi network utilities on the Ecosystem on the pi browser.
The Pi Core team is working with all our hearts, but real progress depends on us.
The more effort we put in, the sooner we will see Pi with GCV price.
Don't stop now - let's build a new world together!
SANO+Chainlink, will reduce the risk of manipulating the value of Pi using its Oracle and ensure the integrity of the data provided to the smart contract.
Tracking the value of Pi internally, data shows that the value of Pi reached $315,000, the lowest was $313,000.
#pinetwork #cryptonews #investment #investmentopportunity #pinetwork #crypto #pipayment #wolibughatti #pigcv
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