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Cryptocurrency News Articles
Profits Already Priced in With Pi Network? Whales Skip to Web3 Mobile Provider Presale Coldware
Apr 29, 2025 at 11:00 pm
The cryptocurrency landscape is ever-evolving, and projects that once seemed promising can quickly fizzle out as new opportunities emerge. Pi Network (PI), the project that took the world by storm with its mobile-first mining system, is now facing growing skepticism as its hype seems to be waning.
Meanwhile, Coldware (COLD), a new-age Web3 mobile provider, is quickly gaining attention from whales and early-stage investors. As Coldware continues its successful presale journey, investors are naturally shifting their focus to this promising project.
Pi Network: A Glimpse into the Numbers
The hype surrounding Pi Network was undeniable, especially in the early years of its existence. The project, which began in 2019, aimed to revolutionize cryptocurrency mining by making it accessible to the masses through a user-friendly mobile app.
The project’s no-scam, no-rugpull approach, combined with its massive user base of over 60 million by early 2025, made it a standout project in an industry that has seen its fair share of scams and fraudulent projects.
However, as Pi Network’s price stagnates and investors grow restless for projects that offer substantial gains, the project is slowly losing its luster. Despite transitioning to an open mainnet in February 2025, which allowed users to transfer Pi coins externally and begin trading on major exchanges like OKX and Bitget, Pi Network’s price has struggled to maintain momentum.
With recent fluctuations in the market and the emergence of new projects with different technological focuses, some members of the community believe that profits might already be priced in for Pi Network.
Pi Network: A Breakdown of Its Strengths and Weaknesses
Pi Network’s innovative mobile mining approach was a groundbreaking concept that took the crypto world by storm. The concept of earning Pi coins simply by tapping a button on a smartphone every day was revolutionary and led to massive user engagement.
Despite the project’s efforts to create a decentralized ecosystem and its large community, there are a few critical factors that might hinder Pi Network’s ability to achieve sustained growth.
Here’s a breakdown of the project’s strengths and weaknesses:
Strengths:
• Massive user base, reportedly exceeding 60 million
• Focus on decentralization with a community-driven approach
• Efficient mobile-first mining system that allows users to engage with crypto easily
• Presence on major exchanges, facilitating trading and external integration
Weaknesses:
Lack of substantial use cases for the Pi coin beyond internal ecosystem activity
Stagnant price despite transitioning to an open mainnet and listing on exchanges, which might deter investors seeking significant returns
Rising competition from projects offering advanced technologies and faster development cycles
Lack of attention to crucial aspects like scalability and interoperability, which are becoming increasingly important in the evolving crypto landscape
Investors are now turning their attention to projects that offer a clear vision for the future of cryptocurrency and blockchain technology.
Coldware: Where Scalability Meets Privacy in a Mobile-First Ecosystem
Enter Coldware (COLD), a project that is quickly gaining attention for its unique take on Web3 mobile providers. Unlike Pi Network, which focused on a mobile-first mining system and brought users together through a single app, Coldware is building a comprehensive Layer 1 blockchain solution designed for scalable and decentralized applications.
In today’s rapidly changing technological landscape, scalability is paramount, especially as more people and institutions are turning to blockchain for its efficiency and security.
Coldware (COLD) is a new-generation blockchain mobile provider that is revolutionizing the way we interact with digital assets. The project is highly scalable, setting it apart from other projects that struggle to keep pace with growing demand.
This property is crucial for a project that aims to provide a decentralized ecosystem with high-level privacy, something that is becoming increasingly important to users in an age of data breaches and online surveillance.
Moreover, Coldware (COLD) is designed to provide utility for users, a factor that is often overlooked in the pursuit of speculative gains.
With a focus on interoperability with DeFi and other blockchain networks, Coldware (COLD) is paving the way for a future where different blockchain ecosystems can seamlessly communicate and collaborate.
This emphasis on real-world use cases has attracted the attention of whales, who are known for their long-term investment horizons and keen interest in projects that have the potential to make a lasting impact.
As Coldware (COLD) approaches the third stage of its presale, having already raised over $2.4 million, it is clear that the project has the infrastructure and potential to quickly outpace projects like Pi Network in the near future.
Project Summary:
Project Name: Coldware (COLD)
Presale Link: Here
What Is Coldware (COLD) and What Does It Offer?
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