Pi Network has been making waves in the crypto space after its mainnet launch. However, investor enthusiasm seems to have faded following its robust performance, as evidenced by the current Pi Coin price movements. Meanwhile, speculation is mounting as President Donald Trump pledges to establish a US Crypto Reserve.
With plans to include altcoins like Solana, XRP, and Cardano, the question arises—could Pi Coin also make the list?
Trump’s Crypto Reserve Plan Sparks Pi Network Speculation
Donald Trump has reiterated his vision to make the US the global crypto capital. As part of this initiative, he has proposed backing altcoins within a national crypto reserve. His mention of major US-based assets like Solana, XRP, Cardano, and others, has fueled discussions within the Pi Network community.
Meanwhile, some Pi supporters believe the network, founded in Palo Alto, California, and developed by Stanford PhDs, has the potential to be considered. A user from the Pi community questioned if Trump’s remarks could hint at Pi Coin’s inclusion saying that the project, originating from the US and built by top academics, could be a strong candidate.
Pi Network’s Position in the Market
Despite its expanding global reach across 200+ countries, Pi Network is still in its early phases. Dr. Picoin, a prominent figure in the Pi community, acknowledged the significance of Trump’s plan but suggested it may take time for Pi Coin to be recognized at a national level. He noted,
“The USA’s decision to add crypto reserves is a significant and promising opportunity for Pi Network. As this trend gains momentum, many countries are likely to follow suit. Since Pi Network is still in its early stages, I don’t expect it to be included in the USA’s crypto reserves in the near future. It must first prove its resilience and long-term value.”
Besides, Dr. Picoin encouraged Pi pioneers in the US, China, India, Nigeria, and other key markets to promote Pi’s adoption among government officials and global organizations like UNICEF and WHO.
Could the US Be Quietly Accumulating Pi Coin?
Another notable Pi Network advocate, Woody Lightyear, hinted that the US could already be accumulating Pi Coin at lower rates. He suggested that Trump’s team may be waiting for the right moment before officially acknowledging Pi’s inclusion in the Reserve asset. He stated:
“While you are panicking about the drop in $Pi price and selling Pi holdings, the US is still accumulating Pi at cheap rates. If Donald Trump had mentioned $Pi as part of the crypto strategic reserve when they had not accumulated enough, other nations would’ve joined the race to accumulate a lot. It’s not time yet.”
Amid these soaring discussions, Pi Coin value crashed earlier today. However, it has recorded some recovery during writing and was up around 4% after a steep fall to its 24-hour low of $1.52.
With its current gain, the crypto has added nearly 12% on the weekly chart. Besides, the Pi team has recently extended the KYC and mainnet migration deadline, which has also gained notable traction from the investors.
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