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Pi Network Disappoints At Consensus 2025, Pi Coin Crash Imminent?

May 17, 2025
in Crypto
Pi Network Disappoints At Consensus 2025, Pi Coin Crash Imminent?

While speaking at the Consensus 2025 event on Friday, founder and CTO of Pi Network Dr. Nicholas Kokkalis, delivered a keynote address speaking about how to leverage AI and blockchain infrastructure together to drive mainstream adoption. However, the Pi Coin price crashed another 16% in a few hours, showing strong disappointment within the Pi community. Market analysts believe that the altcoin can drop all the way to the April lows of $0.4. Pi Network Plans Face Criticism Earlier this week, Pi Core team announced Pi Network Ventures, a $100 million VC fund initiative to build Dapps on the platform. However, the Pi community showered major criticism on knowing that the adoption of the platform is nowhere close to what was hyped by the Pi Core team. This means that the network would just start from scratch and would have nothing much to attract DApp builders to the platform. At the… Read More at Coingape.com

The post Pi Network Disappoints At Consensus 2025, Pi Coin Crash Imminent? appeared first on CoinGape.

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