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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Pi Coin rise strongly? Pi Founder, Dr. Nicolas Kokkalis provides detailed information at Consensus
The news about Pi today is quite optimistic as the price of Pi has started to accelerate. As I write this, the price of Pi Network has grown by 5.88% daily, reaching $0.6422. Additionally, we have some news about the speech by the founder of Pi Network at the upcoming Consensus 2025 conference. Nicolas Kokkalis is now a confirmed speaker at this event. The conference starts on May 14 and ends on May 16. According to the announcement, this event will be held at the Metro Toronto Convention Centre in Toronto. Can the founder of Pi reverse the sentiment of the community? The founder of Pi Network is a Stanford Ph.D. who has worked on human-computer interaction. According to a post on X by a Pi Network enthusiast @fireside_pi, Kokkalis is not the only influential speaker. Eric Trump and Robert Hines will also be two other speakers at this conference. This cryptocurrency conference has been dubbed one of the top gatherings for cryptocurrency and blockchain executives. Additionally, with this announcement, Pi Network asserts itself as a key player in the cryptocurrency world.
Although the exact topic of the Pi coin founder has not yet been determined, this conference presents many opportunities. The founder of Pi is speaking to a large audience of industry investors; therefore, this is an opportunity to attract investment. Additionally, this meeting could be a platform to clarify issues and address the concerns of the community. Because the core team of Pi has previously been accused of lacking communication, they can now turn the situation around positively. To do so, they should address the concerns related to the lack of decentralization and explain the obstacles to major listings. How far can the application of Pi at the organizational level take it? This development comes at a time when the institutional adoption of Pi has sparked optimism about explosive growth in the future. This platform has demonstrated significant growth potential, as it achieved international adoption just a few months after the mainnet launch. As of now, this token has been accepted at hundreds of different businesses across South Korea. These businesses range from restaurants to cosmetic surgery clinics, showcasing the broad reach of Pi. Additionally, with a U.S. real estate company also accepting Pi, this token may soon be used by banks and financial institutions. Is Pi a bridge between Web3 and traditional banking? As the Pi network becomes more popular, large organizations and banks may see its potential. Therefore, in the near future, the Pi Network could function as a Web3 integration for traditional financial systems. With that, there are currently speculations about the possibility of collaboration between Pi Network, JPMorgan, and Bank of America. If this prediction comes true in the coming years, we could see the price of Pi soar to 10 dollars. Predictions about widespread adoption of this token are also supported by some recent news about Pi regarding the integration with Ethereum. Will Pi Coin soon enter a price increase? Additionally, we also have some technical indicators suggesting an upcoming price increase. First, we have a triangle breakout pattern forming in the recent price action of Pi. Based on this formation, if Pi suddenly breaks above the price level of $0.642, we could see a price surge. Furthermore, the MACD indicator is also rising, and if it breaks above the zero line, it will enter bullish territory. Thus, the price of Pi is likely to soar soon. The speech and presence of the founder of Pi Network at the Consensus 2025 conference are also positive signs. With this attendance, he is showing confidence in the operations and future of the platform.