$ 0.0157 USD
$ 0.0157 USD
$ 2.319 million USD
$ 2.319m USD
$ 186,977 USD
$ 186,977 USD
$ 834,184 USD
$ 834,184 USD
162.333 million PIP
Issue Time
2023-02-28
Platform pertained to
--
Current coin price
$0.0157USD
Market Cap
$2.319mUSD
Volume of Transaction
24h
$186,977USD
Circulating supply
162.333mPIP
Volume of Transaction
7d
$834,184USD
Change
24h
0.00%
Number of Markets
23
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-58.67%
1Y
-77.96%
All
-79.2%
Aspect | Information |
---|---|
Short Name | Pip (PIP) |
Full Name | Pip Cryptocurrency |
Founded Year | 2021 |
Main Founders | Jeff Baek, Umit Akcan |
Support Exchanges | Binance, Coinbase, OKEx, and etc. |
Storage Wallet | Pi Mobile App's built-in wallet, and etc. |
Pip (PIP) is a type of cryptocurrency that operates on its own blockchain platform. As a digital asset, it functions similar to many other cryptocurrencies where it enables peer-to-peer transactions across its network. The transactions made are recorded on a public ledger with encryption for security purposes. PIP operates based on a decentralized system, means there is no central authority that governs or regulates it. It's a type of digital currency which relies on cryptography for the creation of new units, secure transactions, and verify the transfer of assets.
Like any other cryptocurrencies, the value of PIP is influenced by various factors including demand, adoption, technology updates, market trends, and the broader economy. It's essential to do proper research before investing in Pip or any other cryptocurrencies, as they are subject to high market volatility.
Pros | Cons |
---|---|
Allows peer-to-peer transactions | Subject to market volatility |
Operating on its own blockchain | Lack of regulatory oversight |
Transactions on a public ledger with encryption | Dependent on market demand and adoption |
Decentralized system | Information about founders and history not readily available |
Over the coming decades, PIP's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.00004178 and $0.2413. In 2040, our forecast suggests PIP could reach a peak price of $0.3882,with a potential minimum around $0.03127.Looking ahead to 2050, technical analysis indicates that PIP's price could range from $0.0005065 to $1.12,with an estimated average trading price of about $0.5164.
Pip distinguishes itself by offering a user-friendly, fee-free, and transparent platform for individuals to send and receive money using their cryptocurrency wallets. The no-registration requirement, support for multiple currencies, and direct payment feature contribute to its uniqueness and may attract users looking for a straightforward and cost-effective way to manage their digital assets.
Pip (PIP) has several unique features and characteristics that set it apart. Here's what makes Pip unique:
Individual-Focused: Pip is designed with individuals in mind. It provides an easy and user-friendly platform for individuals to send and receive money to anyone, regardless of their location.
The working mode and principle of Pip (PIP) can be outlined as follows:
1. Peer-to-Peer Transactions: This system enables transactions to be conducted directly between the interacting parties without the need for an intermediate institution. This is often a faster and cheaper method of transferring funds.
2. Decentralization: Pip (PIP) operates on a decentralized system which means there is no central entity or authority that governs or regulates the network. This principle contributes to the autonomy, privacy, and security offered by PIP.
3. Public Ledger with Encryption: Every transaction conducted using PIP is recorded in a public ledger - or a blockchain - to ensure transparency. Moreover, these transactions are encrypted, making it difficult to tamper with the transactions and enhancing the security of the network.
4. Dependence on Market Factors: The value of Pip is not static but depends on various market factors including but not limited to demand, supply, adoption rates, and the performance of other cryptocurrencies.
This principle of operation is common among many cryptocurrencies. However, the specifics pertaining to the blockchain technology, smart contract functionality, consensus algorithm (such as Proof of Work or Proof of Stake), and other technical aspects of Pip are not readily available. It is suggested that potential users or investors conduct an in-depth analysis to understand these functionalities of Pip before proceeding with using or investing in it.
The Pi Network team will evaluate listings based on factors like security, jurisdiction, and ease of access for its user base. Exchanges like these would provide strong liquidity.
Potential investors in Pip (PIP) could range from seasoned cryptocurrency traders to newcomers to the crypto market.
Those with a solid understanding of the volatility and risk associated with investing in cryptocurrencies, and are willing to potentially lose the capital they put in, may consider investing in PIP. These investors typically have the ability to track and understand market trends, possess knowledge of the blockchain technology, and understand the nuances of individual cryptocurrencies like PIP.
For less experienced investors or those new to the cryptocurrency market, it would be prudent to gain a more comprehensive understanding of how cryptocurrencies work. They should be aware of the high-risk, high-reward nature of these investments. It's also recommended they start with more well-known and widely studied cryptocurrencies before delving into less known ones.
Regardless of investment experience, all potential investors should conduct thorough research into Pip (PIP), including its origins, market trends, and other relevant details before deciding to invest. It is also beneficial to consult with a financial advisor or an individual knowledgeable in cryptocurrency.
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