Pi Network Faces Sharp Decline, But Bullish Predictions Persist
Pi Network (PI) has experienced a meaningful 54% drop in value over the past week.This decline makes it the moast affected among the top 100 cryptocurrencies.The fall came after a brief rally that saw the price surge from $0.78 too $1.61 within 24 hours.
This surge was fueled by anticipation of Pi Networkâs appearance at Consensus 2025 and hints of a major ecosystem update. However, the momentum didnât last. The declaration of a $100 million ecosystem fund on May 14-15 was seen as a delay rather than a turning point. Consequently, the price fell to $0.68 by May 18, a 58% drop from its peak.
Currently, PI trades around $0.71, showing a slight recovery.The lack of exchange listings and KYC limitations continue to restrict trading, making the price more volatile.
Over the past month, Pi Network made several announcements, but they raised more questions than answers. The team hinted at a major milestone for decentralized applications, but it didnât materialize. The shutdown of the last central node and plans to open-source the codebase were steps toward decentralization. However, these didnât translate into real-world utility for the token.
The launch of Pi Network Ventures and the concept of an âownerlessâ Pi Foundation are structurally crucial but lack a timeline for usable applications. This delay has lead to disappointment among users who have been mining Pi for years.
At the Consensus 2025 conference, founder Dr.Nicolas Kokkalis discussed long-term visions but didnât provide a roadmap. This has caused a breakdown in trust within the user base, with many expressing concerns about the projectâs direction.
Pi Network Faces Growing Community Concerns and Price uncertainty
The Pi Network community is grappling with frustration as the networkâs recent ventures move forward. A Pi-focused community analyst, Dr. Picoin, posted blockchain screenshots on May 17, alleging that a core team-linked wallet transferred 12 million PI tokens near the tokenâs recent high.
This raised concerns about an insider token sale. However, these claims remain unverified.Dr. Picoin also highlighted long-standing issues like delays in core features, referral reward issues, and inconsistencies in the KYC rollout since 2021.
The recent $100 million Pi Ventures fund aims to build the 100 DApps promised years ago.This has left some questioning how earlier investment was used. Censorship issues have also surfaced,with reports of users being banned from community channels.
As of now, Pi is trading around $0.71. CoinCodex estimates a potential price increase to $0.947 in five days. The 1-month target is $2.38, and the 3-month projection is $2.51. However, these are speculative and depend on network utility, exchange listings, and user adoption.
DigitalCoinPrice offers a more conservative outlook. For 2025, it projects an average price of $1.44, with a peak of $1.56. In 2026, the estimated maximum is $1.84. These models donât account for regulatory challenges or exchange restrictions.
While forecasts are optimistic, caution is advised.Pi lacks a fully operational trading ecosystem, limiting market access and real-world value. Always remember, never invest more than you can afford to loose.
Major Crypto Exchange Launches New trading Features
A leading crypto exchange has unveiled exciting new trading features to enhance user experience.This move aims to attract more traders and improve platform functionality.
The exchange has introduced advanced tools for better market analysis. These tools help users make informed decisions. They include real-time price charts and predictive analytics. This makes it easier for both beginners and experienced traders.
One key feature is the automated trading bot. it executes trades based on set parameters. this saves time and reduces human error. Users can now focus on strategy rather than constant monitoring.
Security is also a priority. Enhanced encryption ensures safer transactions. users can trade with peace of mind.The platform now supports over 50 cryptocurrencies. This variety caters to diverse investment preferences.
Customer support has been upgraded too. Users can now get instant help. this is a significant improvement. It addresses previous user complaints about slow response times.
Another highlight is the mobile app update. The app now offers a sleeker interface. It includes push notifications for price alerts. This keeps traders updated on market trends.
These updates reflect the exchangeâs commitment to innovation. They aim to stay ahead in the competitive crypto market. Users are encouraged to explore these new features.
For more details, visit the visit the official website for a seamless trading experience. The app is user-friendly. It simplifies complex trading processes. Traders can manage their portfolios on the go.
these changes come at a crucial time. The crypto market is growing. More people are entering the space. The exchange hopes these updates will boost its market position. They want to stay competitive in a fast-paced industry.
Experts see this as a positive step. They believe it will attract new users. It could also retain existing ones. The exchange is committed to innovation. They plan more updates in the future.
However, some users may need time to adapt. The learning curve might be steep for beginners. But the benefits outweigh the initial challenges. The exchange is confident these features will drive growth. They expect increased user engagement.
Despite the improvements,caution is advised. Crypto trading carries risks. Itâs important to understand these risks. Always do thorough research before investing.
These updates show the exchangeâs dedication. They are adapting to user needs. They are also keeping up with industry trends.