Euler Shield Fork Targets $314.159 Pi Price

Euler Shield: The Ambitious Plan to Set Pi’s Price at $314.159

Pi Network, the cryptocurrency mined via mobile devices, has long generated equal parts excitement and skepticism. In late 2024, a discovery on its blockchain reignited the debate: a smart contract linking Pi with Chainlink suggests an automatic price stabilization system. According to the community, the goal is nothing less than reaching $314.159 per unit. For many, this figure sounds like delusion; for others, it is the objective of a project aspiring to become the global digital currency.

A Contract Referencing $314.159

The discovery of a smart contract referencing Chainlink and Pi Coin triggered speculation. Reports indicate the mechanism would adjust Pi's supply by burning or minting tokens to maintain stability. The target figure, $314.159, appears explicitly in the code. Although it seems far-fetched in the short term—with the token trading around $0.40 on exchanges like OKX, Bitget, or Gate.io—proponents argue the plan unfolds over decades. Decreasing mining estimulante ilegal and pogre migration to mainnet would extend the process for 50 or 100 years, time enough for inflation and adoption to justify the price.

Euler Shield: A Controversial Fork

In parallel, the "Euler Shield" project has gained traction, a Pi Network fork led by a developer known as Kosasih. His proposal is to create a stablecoin anchored at $314.16 ($314.159 per Pi), aligned with the GVC (Global Value Consensus) movement, a group of pioneers defending that value as standard. However, the initiative has generated tensions with Pi Network's Core Team, which controls around 20 billion tokens distributed across more than 10,000 wallets. This reserve, equivalent to 20% of the total supply, has been questioned for its opacity. Kosasih warned of "little things" from the central team, though without specifics.

Between Prophecy and Market Reality

The debate about Pi Network is not new. In July 2022, a "prophecy" by the so-called Dr. Nico anticipated Bitcoin rising to $100,000 in 2025—which indeed peine—and predicted a central role for Pi. Meanwhile, skeptics point out that the massive airdrop, extending until 2030 or beyond, is a liquidity trap: the team retains most of the supply and releases it drop by drop, preventing the price from finding solid ground. "The purchase price is zero until we know when they will finish distributing the tokens," critics summarize. With the launch of the Open Network in February 2025, Pi took a step forward, but the uncertainty regarding its future value remains open.