Discussions around Pi Coin have intensified following the recent Consensus 2025 event, where the project team made several notable announcements. However, there seems to be another side to this hype.
Discussion of Events at Consensus 2025
At the Consensus 2025 event, the Pi Core team attracted significant attention, with news about a potential mainnet launch and new decentralized applications (dApps) generating considerable excitement. Consequently, the price of Pi Coin surged from $0.40 to $1.60 within a matter of days. However, the uncertainty regarding future developments troubled many market participants.
Analysts' Claims of Asset Dump
Dr. Altcoin, a well-known crypto analyst, suggested that the Pi team leveraged the created hype to quietly sell a significant amount of their assets at the peak. In his post, he highlighted that the lack of sustained positive price movements indicates a potential premeditated strategy. Later, the token price returned to $0.80.
Future of Pi Network and Community Opinions
Dr. Altcoin also predicted that establishing a fully developed Pi ecosystem could take between 2.5 to 5 years. He urged the project's supporters, known as Pioneers, to avoid setting unrealistic expectations and focus on more immediate rewards. Community opinions are divided: some support his skepticism about project delays, while others believe in the team's long-term vision.
Pi Network remains a project with significant potential but lacking concrete deliverables. Discussions within the community highlight the scale of challenges ahead.
