The long-awaited launch of the Pi Network has taken a dramatic and unexpected turn. Instead of skyrocketing, the price of Pi (PI) plummeted by a shocking 99% just hours after its listing. Let’s break down this rollercoaster event and explore what led to this massive drop.
A Launch Years in the Making: Hype vs. Reality
The mainnet launch of Pi Network had been eagerly anticipated, marking its shift from testnet to a fully tradable cryptocurrency. With millions of KYC-verified users ready to