New Plan to Stabilize Pi Coin Price Gains Attention
Pi Coin has seen a sharp decline recently, nearing the $0.30 mark and leaving investors concerned.
In response, a figure known as Satoshi Nakamoto has proposed a novel approach to stabilize the Pi Network: a community-driven liquidity pool (CDLP).
Nakamoto envisions the CDLP as a decentralized system where users regularly purchase a fixed amount of Pi, using a Dollar-Cost Averaging (DCA) method.
This consistent buying could reduce price volatility by increasing liquidity and decreasing the circulating supply, while users maintain full control of their assets. Nakamoto believes this approach would build a buffer against sudden sell-offs, fostering long-term stability without relying on wealthy investors.
The proposed model is not just about price stabilization. Nakamoto argues that a steady Pi Coin value would support the entire ecosystem, making it more attractive for businesses as a payment option and providing a reliable environment for developers to build applications.
He suggests that even a modest $10 monthly commitment from users could result in a significant cash flow, estimated at $100 million, boosting the network organically.
This initiative comes as Pi Network struggles with low sentiment, partly due to the lack of listings on major exchanges like Binance. Nakamoto’s proposal aims to build a sustainable model driven by community participation, helping to restore confidence and potentially spark renewed interest in Pi Coin.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
