Pi Coin has been subject to heavy selling pressure, falling 12% today to $0.81, taking its weekly losses to 28%. The drop comes after delays in the Pi Network mainnet launch, Binance listing, and waning investor confidence.
Community Frustrations Mount
Pi community members are calling for transparency from the Core Team (CT), which has kept mum on key updates. The price of the coin has dropped from $3 to $0.82, raising questions about its future. Pi Network having deviated from decentralization to institutional control is also being accused.
Despite criticism, some community figures like Dr. Altcoin argue that institutional involvement could boost Pi’s utility and price. However, delays and lack of communication continue to frustrate investors.
Opinion Corner
I want to spill some hope in case anyone is not happy about the current price. Until about two years ago, the Pi Network project had the Pi community at its core, spearheading full decentralization with global a
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