The post Pi Network Mainnet Update: Pi Coin Price Prediction After Protocol 23 Upgrade Explained appeared first on Coinpedia Fintech News
After months of decline, Pi Coin is fighting to stay afloat, currently hovering around $0.2368, with daily trading volumes slipping below $30 million. Once hailed as a revolutionary community-driven project boasting a market cap exceeding $17 billion, Pi has now shed nearly 90% of its value. All eyes are now on the upcoming Protocol 23 upgrade, which many believe could serve as the catalyst Pi needs to regain its footing.
Pi Coin Price Hits New All-Time Low
The Pi Network’s price slump stems primarily from weak demand and minimal on-chain activity. Community members on X have expressed growing dissatisfaction, accusing the team of slow progress, centralized control, and unfulfilled promises. One supporter bluntly stated:
“Demand is extremely down, and the on-chain usage of Pi is poor.”
Bearish sentiment has intensified, with some
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