The price of Pi Coin continues to decline, causing concern among investors. An expert expresses the need for changes from the project team to restore confidence.
Issues with Investor Trust
Pi Coin is facing growing distrust from investors, particularly those who acquired the coin at early stages. Analyst under the pseudonym Dr. Altcoin criticizes the team for not doing enough to boost confidence. He believes their success hinges on significant steps the team must take.
Current Risks and Pi Coin Price
In the past week, the price of Pi Coin has fallen over 3%, showing a decrease compared to the previous period. At present, the cryptocurrency is trading at $0.62, but the analyst warns about the risk of losing current support if the team does not take necessary actions.
Potential Paths to Improve the Situation
To restore investor confidence, the team needs to implement measures such as a token burning mechanism or a new token standard to address inflation issues. Without resolving current problems, the future outlook for Pi Coin remains uncertain.
The situation with Pi Coin requires attention and active measures from the team. Otherwise, the cryptocurrency may continue to lose ground in the market.
