Cryptocurrency Investor PI on the Brink of Becoming a Billionaire
A series of investors who have mined PI Network cryptocurrency in recent years have the opportunity to become billionaires when PI will be listed on OKX at 3:00 pm on February 20 (Vietnam time).
PI Network virtual currency is receiving the most attention at the moment as it will be officially listed on OKX in just 7 days.
Many PI mining investors are on the verge of becoming billionaires after February 20.
This is a virtual currency that has been all the rage in Vietnam for the past 5 years. Transactions related to PI virtual currency are not accepted by authorities.
The form of mining PI virtual currency is very simple. Users just need to download the PI Network application, then every day, players need to log in to the application to press the PI mining button. The mining speed and quantity will increase when this person introduces to others. The more people are introduced, the more PI rewards will increase.
A few years ago, the PI community often organized into groups to trade internally, self-determining the value to buy and sell with cash or convert the value into tangible assets.
For example, 1 PI = 1,000 VND or 10,000 VND… is agreed upon by groups and individuals.
With the simple PI mining method, many people have accumulated a huge amount of PI and are waiting for this virtual currency to officially be listed on the exchange in the next few days.
Following PI Network’s February 12 announcement, PI’s price skyrocketed on both the black market and cryptocurrency tracking exchanges.
On the afternoon of February 12, many groups advertised the price of PI converted to Vietnamese Dong at 1 PI = 41,000 VND. Previously, the conversion price was 1 PI = 30,000 VND. As mentioned above, the price of this currency is agreed upon by the sources.
Some investors are trading both buying and selling with a difference of about 5 – 6,000 VND/ 1 PI. For example, the buying price is 1 PI = 41,000 VND and the selling price is 1 PI = 47,000 VND.
With the amount of PIs changing hands, the investor acting as a broker can earn a relatively large spread.
On some virtual currency tracking platforms, PI is also skyrocketing when the conversion value to US dollars is 1 PI = 80 USD (at the time of the evening of February 12). If this price is kept the same when listed on the platform, 1 PI = 80 USD is equivalent to 2,028,000 VND (calculated according to Vietcombank’s exchange rate on February 12).
With the large amount of PI that investors have mined over the years, in a positive scenario, it is likely that many people will become billionaires.
At virtual currency forums, many people expect that PI coin can be at 1,000 USD/ 1PI, or even higher, like the current case of ETH coin.
Pi Network Cryptocurrency Group Fluctuates Following Bitcoin Price
Pi Network is hovering around $50/Pi, down more than $30/Pi from its peak.
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