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#PI If we base ourselves on the 0.02 Pi shipping fees to conduct transactions on the Pi network, we can try to estimate an order of magnitude of the potential price of Pi at its launch. However, it is important to keep in mind that this estimation is very speculative and will depend on numerous factors, as mentioned previously.
Working hypothesis:
- Transaction fees are often comparable to those of other cryptocurrencies to be competitive.
- For example, transaction fees on the Bitcoin(BTC) or Ethereum (ETH) network are generally between $0.50 and $10 depending on network congestion.
If we assume that the 0.02 Pi fees are designed to be competitive with these fees, we can make an approximate calculation:
1. If 0.02 Pi = $ ( for reasonable transaction fees), then:
- 1 Pi = 1 $ / 0,02 = 50 $.
2. If 0.02 Pi = $0.50 (low fees), then:
- 1 PI = 0.50 $ / 0.02 = 25 $.
3. If 0.02 Pi = 5 $ (high fees), then :
- 1 Pi = 5 $ / 0,02 = 250 $.
Conclusion:
Based on this assumption, the price of 1 Pi could range from $25 to $250 at launch. However, this is only a very theoretical estimate, and the actual value will depend on adoption, market demand, network utility, and other economic factors.
It is also possible that the initial value is much lower (a few cents or a few dollars) if the network is not yet widely adopted or if the supply of PI is very high.
Attention:
This calculation is purely speculative and should not be considered as financial advice. The actual value of Pi will be determined by the market at its launch.
Edjenguele Théodore