While many people are still trying to figure out the next big thing in crypto, well -known analyst Dr Altcoin is clear, he is fully focused on the PI network. In a recent post, he shared why he was so enthusiastic about the project, why he fully supports it, and why he remains committed to the future. And looking at the points he shared, it's hard not to be happy either.
MOBILE MINING AND Global Adoption
One major reason DR Altcoin supports the PI network is the easy mining process. Users can mine PI directly from their smartphones without using excess energy. Thanks to this innovative, PI has grown to over 70 million users in over 200 countries.
It has helped millions of first-time users enter the crypto world, pushing the mass adoption to a new level.
A strong and eco-friendly blockchain
Dr Altcoin also praised PI's eco-friendly blockchain, which uses Stellar Consensus Protocol. It can handle about 200 transactions per second while using very little energy compared to Bitcoin.
Plus, each user and business is fully proven by KYC and KYB checks, creating a safer space for transactions.
Low Energy Use
Energy consumption is a major crypto problem, but the PI network shines here. Bitcoin mining uses as much electricity as a whole country. In comparison, the 200,000 active PI nodes use less strength, making it a greener and more sustainable choice.
Fast transactions and high security
PI blockchain allows for fast transactions with a very low gas fee. In addition, the PI purse is protected by a 24-word passphrase, making it almost impossible to hack. Each user holds their non-custodial wallet, adding another powerful layer of security.
Growing PI ecosystem
With more than 100 decentralized apps (DAPP) already using PI for transactions, the dream of a real, peer-to-peer digital currency is living.
With PI currently trading at a very low price, he believes this is the perfect time for long -term investors to accumulate. Large upcoming events, such as the Consensus 2025 Summit, can bring more attention to the project.
Golden opportunity for investors
Currently, the Pi Coin is sitting at its lowest price, and Dr Altcoin sees it as a golden opportunity for investors to go up. So far, PI has been trading around $ 0.645, staying stable above a rising support line that has been so strong since early April.
If consumers walk with more energy, PI can easily break $ 0.825, and possibly reach as high as $ 1.30.
