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Pi Network Set to Disrupt Cryptocurrency Market with 100 Million Users

A Pi Network moderator recently unveiled staggering statistics that shed light on the rapidly growing influence of this mobile mining blockchain. The numbers speak volumes, indicating that Pi Network may be on the cusp of something truly monumental. With over 100 million users, of which 50 million are actively engaged Pioneers, Pi Network is proving to be a significant player in the cryptocurrency landscape.

Comparing these figures to some of the most well-known cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), the scale of Pi Network’s success becomes even more apparent. As of late 2023, Bitcoin boasts between 700,000 and 1,000,000 active wallet addresses per day. Ethereum, while a formidable player in the crypto space, lags behind with a daily active wallet address count of 382,042.

However, the real surprise comes when we look at Binance Coin (BNB). With an astonishing count of over 1 million daily active users, Binance Coin has managed to surpass both Ethereum and Bitcoin in terms of daily engagement. This is a significant achievement for BNB, which has been making waves in the cryptocurrency market.

Nevertheless, the crown for the most daily active wallet addresses remains with Tron (TRX), with a staggering 2.1 million daily active wallet addresses. Tron’s continued dominance in this metric highlights its strong and active user base.

These statistics not only showcase the incredible growth of Pi Network but also underline the shifting dynamics in the cryptocurrency world. While Bitcoin and Ethereum continue to be giants in the field, newer contenders like Binance Coin and Tron are steadily gaining ground.

It’s important to note that the Pi Network is still in its testing phase, with the mainnet launch anticipated in the near future. If these early adoption figures are any indication, Pi Network could become a major disruptor in the world of cryptocurrencies, offering a unique and accessible way for individuals to participate in blockchain technology.

It will be fascinating to see how these numbers continue to change and how Pi Network’s user base develops over time. For now, the encouraging statistics for Pi Network provide a glimpse into the promising potential of this mobile mining blockchain.

Reference: https://newsway.com.ng/pi-network-set-to-disrupt-cryptocurrency-market-with-100-million-users/

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