Pi Network Price Update: GCV Rumors vs Reality

Pi-network (PI)

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  • Pi trades at $0.2483, below key resistance.
  • GCV $314K rumors are false; price depends on adoption.
  • Growth relies on utility, merchant adoption, and project transparency.

Pi Network remains behind major cryptocurrencies despite a modest rebound in its price, as old rumors about its so-called GCV value reignite confusion across the community. While Bitcoin and other altcoins show strength, Pi’s journey toward mainstream adoption continues to face hurdles.

GCV Rumors Spark Community Confusion

Online posts circulating since November 28 claim that Pi Network’s “GCV value” has been fixed at $314,159 and now serves as a core accounting metric. Crypto commentators have swiftly dismissed these claims as baseless.

Dr Altcoin, a seasoned observer of the Pi ecosystem, highlighted the dangers of such rumors. He explained, “If fixed, arbitrary price values were feasible, countless other cryptocurrencies would have already implemented them. Pi’s real price remains around $0.23 and will grow only as the project matures.”

Experts warn that the spread of unverified GCV claims may undermine confidence and create unrealistic expectations among investors.

Pi Price Shows Modest Recovery

Despite ongoing speculation, Pi has posted a mild bounce, trading at $0.2483 at the time of writing—a 4.43% gain over 24 hours. Its market capitalization now stands at $2.07 billion, with $27.19 million in daily trading volume.

A major whale holding over 381 million Pi has helped curb selling pressure, while merchant adoption through platforms like Map of Pi 2.0 and improving regulatory clarity provide additional support.

However, Pi remains below its critical $0.26–$0.27 resistance level. Analysts suggest that bulls must protect the $0.24 support zone to sustain any potential breakout.

Also Read: Pi Network Eyes MiCA Compliance: Boosting Pi Coin’s EU Market Access

The Road Ahead for Pi Network

For now, Pi’s valuation remains firmly under $0.25, and the dream of astronomical GCV-based pricing is purely speculative. The cryptocurrency’s growth will rely on genuine adoption, practical utility, and transparent project development rather than viral rumors.

As the market continues to evolve, Pi enthusiasts and investors are advised to focus on real-world fundamentals instead of speculative hype.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.