Crypto expert Dr. Altcoin recently highlighted the progress made by the Pi Core Team (PCT) to stabilize the Pi Network ecosystem ahead of the Consensus 2025 conference. The expert had previously asserted that this conference was pivotal for the ecosystem, even as the Pi coin price looks to reclaim the $1 level.
Pi Network’s Progress Ahead Of Consensus 2025 Conference
In an X post, Dr. Altcoin stated that the Pi Network team is making progress within the Pi ecosystem as the Consensus 2025 summit in Toronto approaches. He revealed that the team recently approved the decentralized application Fruity Pi with a purple check mark.
The expert added that the Pi Core team (PCT) is also expected to accelerate the deployment and approval of other dApps in the Pi ecosystem, alongside pending Know Your Business (KYB) approvals. In line with this, he asserted that slowly but surely, the ecosystem is getting there.
The expert also recently revealed the Pi Network team’s purchase of Pi coins from centralized exchanges to help stabilize the token’s price. He claimed that the team created a sub-wallet that has already purchased 48.5 million Pi worth $31 million. These purchases are to help prevent the coin from declining amid the recent token unlocks.
Interestingly, the expert also predicted that the Pi coin price could reach triple digits within the next five years. He urged market participants to buy the coin while it is still cheap rather than panicking.
As to what the Pi Core team could do better, the expert believes that they could use the Consensus 2025 conference as an opportunity to showcase the Pi ecosystem. He claims that this conference will be pivotal for the Pi Network.
HTX Hints Again At A Potential Pi Listing
In another X post, Dr. Altcoin drew the community’s attention to the HTX exchange again, hinting at a potential Pi Network listing. The exchange made an X post that included Pi’s logo, suggesting it could soon list the altcoin.
As CoinGape reported, HTX previously unveiled a cryptic hint on Pi coin listing on the exchange. Community members also suggested that the exchange could list the Pi coin through a verified onboarding process.
This listing would undoubtedly be bullish for the token’s price, even as other top crypto exchanges, such as Binance and Bybit, remain silent on listing the altcoin.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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