Calling a Spade a Spade!
Pi’s price has been in free fall, hovering around $0.5. If this was the end goal, why did the Pi community wait six years? Pi could have easily reached this value if it had launched in 2022.
It’s now evident that major exchanges are unlikely to list Pi unless the Pi Core Team (PCT) becomes fully transparent about its tokenomics. Additionally, Pi remains restricted in several countries, including many in Europe.
At such a low price, the Pi community will struggle to utilize DApps within the Pi Ecosystem. If this continues for months, most Pi holders will sell off their coins and shift to newer crypto projects.
The ONLY viable move for the PCT—without relying on major exchanges—is to burn billions of Pi coins from its Pi Foundation wallets. This is the only way to push the price above $10 and sustain the network’s long-term value.
If not, Pi Network risks becoming yet another failed crypto project, lost in the graveyard of broken promises.
@PiCoreTeam@nkokkalis@Chengdiao