June 28, 2025, will be a big day for the PI network community. Known as the ‘Day of Great Expectation’, millions of pioneers hope that the PI -Kerne team will finally talk about the Global Consensus Value (GCV) and recognize it as the actual value of Picoin.
Proponents of GCV have insisted on a value of $ 314,159 per PI to represent faith, unity and trust in the project. Although the core team does not officially endorse this, it is promoted worldwide by events, especially in Asia and Africa.
GCV is a value that has been determined by the community, not by trade fairs or market prices. More than 6 million small transactions on chains show that people already use this value in real transactions. A recent poll showed that 99.1% of users support GCV. They claim that although the core team is treating the technical side, such as MAINNET and KYC, it is the users who give PI real value through daily use.
According to them, if the PI -Kerne team gcv would take over, it would not set a fixed price for trade fairs. Since GCV is intended as community drives, the core team would continue to build the ecosystem and encourage more real-world use.
But critics claim that GCV is simply symbolic and not practical, and its actual value can only be known as soon as the open moorstje is launched.
Analysts such as Dr. Altcoin warn that without a major update, including a GCV discussion, the token could move back to $ 0.40. On the other hand, even a small update or route card news can give the price and community sensiment a boost.
Can GCV turn things around?
Pi Coin has had a difficult time lately, because it has fallen by 24% in the past month and more than 80% compared to the all time. With more tokens unlocking and no big news, the pressure is building. With the MAINNET launch that will be expected soon, updates about GCV, Merchant Tools or Mainnet News can change how people view the project and its future value.
If the core team is silent, the impact can be serious because this can lead to massive sale and users who lose interest. The community demands that the Pi Core team officially recognizes the GCV as a show of respect for the millions of users who have supported the project over the years.
Moreover, a leading Pi Network News Account has also expressed frustration that if Pi2Day only brings Pi domains and no major updates, many will be disappointed. At the core team they urge to launch long promised functions, such as smart contracts rather than just stretching announcements over the years.
Credit : coinpedia.org
