The price of Pi Network ($PI) has adjusted to $0.63, marking a drop below $0.70 for the first time in over a month. This has raised concerns among project users.
PiCoreTeam's Core Goals: Accessibility and Technology
The Pi Network project team is focused on democratizing cryptocurrency. Key objectives include creating a safe platform for novices, developing a Web3 ecosystem, and fostering a community-driven network. The project also emphasizes fair mining and blockchain security.
Demonstrating Utility Post Open Network Launch
Since the launch of the open network, the PiCoreTeam has focused on expanding the ecosystem. They organized the PiFest, where over 125,000 sellers and 1.8 million users engaged. Additionally, a .pi domains auction was launched, and two-factor authentication was implemented for enhanced security.
What's Next for Pi Network and $PI Coin?
Looking ahead, PiCoreTeam's strategy revolves around scaling utility and security. The .pi domains auction may lead to new app developments, while major exchange listings could boost interest in $PI. Users are advised to be patient as the project aims for long-term goals.
Amid the current price volatility, the Pi Network team continues to focus on building its ecosystem and enhancing its utility for users while addressing emerging challenges.
