Pi Network (PI) Disappoints: Major Rollouts but Token Tanks Instead

Pi Network (PI) Disappoints: Major Rollouts but Token Tanks Instead
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Despite rolling out two new features on its hallmark Pi2Day event, Pi Network (PI) saw its price plummet nearly 4% over the last 24 hours, as investors turned bearish on the digital asset.
On June 28, the project introduced Pi App Studio and Ecosystem Directory Staking—two long-awaited innovations designed to drive app development and boost ecosystem participation. However, the market’s reaction was unexpected.

Happy Pi2Day 2025! @PiCoreTeam unveils $Pi App Studio, an AI-powered no-code platform using blockchain & AI to let anyone build apps—cutting dev time by up to 70% per 2023 studies! Plus, Ecosystem Directory Staking boosts app visibility by staking Pi on Mainnet. With 47M+… pic.twitter.com/vU12ULCNy0
— Pi News (@PiListingNews) June 28, 2025

Celebrating Progress with Innovation
Pi2Day, celebrated annually on June 28 (symbolically 6.28, double the value of Pi at 3.14), marks Pi Network’s evolution as a blockchain project centered on community growth a

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