pinetwok

Many pioneers of the Pi Network have finally started receiving their validation rewards in the Mainnet wallet. However, a common question has arisen in the community: why does the amount for validation seem so low in this first round?
In this article, we will demystify the rewards system for validators and explain what you need to do to ensure your earnings.
1. The Eligibility Criterion: The Magic Number is 50
To receive the rewards for this first round (referring to the period until March 5, 2026), it is not enough to just be a validator. The main criterion is to have completed at least 50 successful validations that have reached the majority consensus. If you have less than that, unfortunately, you will not receive anything in this stage.

Crypto analyst Dr. Altcoin has issued a warning about Pi Coin, predicting a further price decline that could push the token down to $0.40 by August. He cites a lack of transparency and concerning centralization as key reasons for dwindling investor trust and weakening price action.

Confidence Drops, Investors Exit, and Price Falls
Pi Coin is currently trading around $0.68, the lowest level since May 17. The token has lost more than 60% of its value since its May peak. According to Dr. Altcoin, if nothing changes, Pi Coin could shed another 40% of its value in the coming weeks.
“No investor wants to put money into a project where the founders refuse to be transparent,” he stated.

Pi Core Team Under Fire
The project’s founders, Nicolas Kokkalis and Chengdiao Fan, are facing growing criticism for their lack of openness toward the community. Dr. Altcoin – once a supporter of the Pi Network – is now publicly calling on Pi Core and the Pi Foundation to disclose details of token sales, which he claims are happening behind the scenes.

Centralization Raises Red Flags
Another major concern is the extreme centralization of the token supply. Analysts report that the Pi Foundation holds over 90 billion Pi coins across more than 2,000 wallets. This has sparked fears of a single point of failure, where a security breach could endanger the entire ecosystem. This centralization is also seen as a key reason top exchanges like Binance and Coinbase have not listed Pi Coin, despite its popularity.

More Coins Unlocked, But Demand Lags
The project is also under pressure from token inflation – with millions of new tokens unlocked each month, supply is increasing while demand remains weak. In June alone, 272 million Pi coins will be unlocked, followed by 1.53 billion over the next year.
Additionally, data shows that over the past 24 hours, the amount of Pi on exchanges increased by over 3 million coins, possibly indicating heavy selling by holders.

Technical Analysis Points to Further Decline
On the 8-hour chart, Pi Coin had surged over 300% earlier this year, reaching a high of $1.66 in May as investors hoped for listings on major exchanges. When that didn’t materialize, the price sharply reversed.
The token is now trading below its 50-period moving average and is testing support at $0.6606. A drop below this level could open the path to $0.40, its historical low.
The only chance for invalidating this bearish outlook would be a move above $0.8680 — the double-bottom neckline from May 21. If that happens, the downward trend could be broken.

#pi , #PiNetwok , #CryptoMarket , #CryptoNewsCommunity , #cryptocurrencies

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“