The recent 8% drop in the price of $PI has raised concerns among Pi Network users. This article explores the team's goals and its approach to project development.
Core Goals of PiCoreTeam
The PiCoreTeam aims to democratize access to cryptocurrencies. Their mission is to create a safe platform for users, develop Web3 applications, and build a community. The emphasis is on providing strong support in a cloud environment and ensuring security.
Post-Open Network Moves
The launch of the Open Network marked a significant milestone for Pi Network. The successful conduct of the PiFest event and the .pi domain auction highlights the team's focus on creating useful and practical applications for its cryptocurrency. The introduction of two-factor authentication also enhances security.
Community Reaction to Price Drop
The price drop to $0.63 has caused panic among users. Some believe that the lack of transparency in token management hampers price stability. Discussions on social media reveal dissatisfaction among the community and calls for the team to improve communication.
Price fluctuations are observed in the Pi Network, yet the team continues to focus on long-term goals. Users should maintain patience and anticipate project developments.
