The recent drop in the price of $PI to $0.63 has raised concerns among Pi Network users. Amid changing market conditions, the team remains committed to their long-term strategy.
Core Goals of PiCoreTeam
The PiCoreTeam focuses on making cryptocurrency more accessible. Their key efforts are directed towards creating a safe ecosystem for new users and building a community with practical applications, while also balancing the price of $PI amid market fluctuations.
Post-Open Network Strategy
Since the launch of the Open Network, the PiCoreTeam has intensified efforts to expand the ecosystem. Recent initiatives include the successful PiFest with over 125,000 registered sellers and the .pi domains auction, started on Pi Day, enhancing network functionality.
Future of Pi Network and $PI Coin
Future steps focus on scaling utility and security. The .pi Domains Auction is expected to spawn new apps, while security enhancements will aid users. Patience and trust in the future remain key for participants, despite current price volatility.
The PiCoreTeam's commitment to reliability and long-term sustainability continues to reassure users, despite the recent fluctuations in token prices.
