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Is Pi Network Heading for Price Pegging? What Happens to Pi Coin Next?

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Summary
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68% Informative

Pi Coin's price has shot up by 8% today , moving to $ 1.50 as investors continue to stay bullish for a rally to $ 5 and beyond.

Pi Network community has recently come across a smart contract code, featuring Chainlink , while putting up a direct reference to Pi Coin .

This code hints at implementing a dynamic pegging mechanism, thereby potentially signaling plans to stabilize Pi ’s value via an automated minting and burning system.

Pi Coin could register its spot among the top ten cryptocurrencies by market cap.

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English

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