The debate over the value of Pi coin is heating up! GVC holds steady at $314,159, and experts say it does not reflect market reality.

The native token Pi of the Pi Network has recently fallen to a price of 0.34 USD, sparking intense debates within the community. Members supporting the "Global Consensus Value" (GVC) insist that 1 Pi should be valued at 314,159 USD and claim that this value has been integrated into the backend of the Pi Wallet; however, experts counter that there are no verifiable transactions to prove this valuation, and that market value should be determined by actual supply and demand as well as application scenarios.

Price Dispute: 0.34 USD vs. 314,159 USD

Recently, the price of Pi coin in over-the-counter trading and some exchanges fell to 0.34 USD, which aligns with the general market logic of "fair price discovery." However, the GVC community refuses to accept this price, believing that Pi is not a speculative token and should be valued at 314,159 USD as the global consensus value.

GVC supporters refute the claim of "0.30 USD over-the-counter trading," calling it a black market rumor unrelated to the actual situation of the project, and emphasize that this high value has been embedded in the Pi Wallet and backend systems, and will serve as a reference for compliant settlement in the future.

GVC Community Position: Value Comes from Consensus Rather than Market Fluctuations

GVC members stated that the value of Pi should be determined by community consensus and network architecture, rather than short-term market fluctuations. They believe that when the Pi Wallet connects to centralized and decentralized exchanges, the $314,159 GVC will become the settlement benchmark and gain global recognition.

At the same time, the GVC camp criticizes opponents for not having thoroughly studied the white paper and economic model, emphasizing that the positioning of Pi Network is different from traditional cryptocurrencies and should be measured by practicality and long-term vision.

Experts rebut: Lack of real transaction verification

Notable Pi community expert Mr. Spock pointed out that since the launch of Pi Network six years ago, no user has successfully redeemed 1 Pi for the price of 314,159.

He emphasized that if such a valuation truly exists, there should at least be a public transaction proving that users have received substantial returns, but in fact, there is no such case. Spock believes that market value should be determined by actual supply and demand, adoption rate, and application scenarios, rather than a single community narrative.

Currently, the exchanges that have listed Pi price it based on the market consensus of both buyers and sellers, which creates a huge gap with the theoretical value of GVC.

Community Focus Shifts to Pi Hackathon

Despite ongoing value debates, the Pi Core Team has directed community attention towards the upcoming 2025 Pi Hackathon. The event will open for registration and team formation on August 15, officially start on August 21, and conclude submissions on October 15.

The hackathon aims to promote the practical application development of the Pi ecosystem. Participating projects must comply with the mainnet coin guidelines and are encouraged to integrate AI features to enhance efficiency. The Pi core team hopes to shift the focus of discussions from price controversies to ecosystem construction and actual implementation.

Conclusion

The debate over the value of Pi coin highlights the fundamental divergence between "consensus value" and "market pricing" in the cryptocurrency market. GVC supporters adhere to the theory of high prices, while experts call for a return to practicality and adoption rates. As ecological activities such as hackathons progress, the final value of Pi may gradually emerge through application implementation and market verification. For more real-time cryptocurrency market analysis, please follow the official Gate platform.