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Pi Network Drops to $0.47 Post-Mainnet, Yet Community Stays Bullish:
Pi Coin sinks to $0.47 after its Open Mainnet launch, triggering criticism, but many in the Pi community remain confident in its long-term vision.
1. Pi drops to $0.47 after launching Open Mainnet, losing over $15B in market cap from previous highs.
2. Critics cite a lack of listings, poor utility, and governance delays, while AI analysis says negatives outweigh positives.
3. Despite setbacks, 88% of Pi users remain bullish, pushing a long-term vision of adoption and utility over hype.
Pi Network’s long-awaited Open Mainnet rollout has not gone as planned, at least not for its token price. After trading near $3 in earlier cycles, Pi Coin has dropped to $0.47 as of July 14. After erasing over $15 billion in market value.
#pi # btc #eth # usdt #gate # gate.io #gatelive # gateinfo #trending # latestnews #gaterewards