Ah, the crypto world. A place where fortunes are made in the blink of an eye and lost just as quickly. Lately, while some altcoins have been dancing in the spotlight, Pi Network’s coin seems to have decided it prefers playing hide and seek in the shadows. In fact, its price has taken a rather somber stroll downwards—dropping more than 17% over the past month. Currently, it’s lounging around at a modest $0.43. Just a reminder, it’s been hopping between $0.39 and $0.67 since June. A real rollercoaster, if you ask me. 🐢
Massive Token Unlock Adds Pressure
And just when you thought it couldn’t get worse, Pi Network decided to throw a massive token unlock party. A cool 10.8 million PI tokens were let loose on the market today. The kind of release that usually brings in the “supply and demand” crash, pushing prices down like a trampoline accident. 🎢
Still One of the Most Active Crypto Projects
But wait, don’t go writing Pi Network’s obituary just yet. Crypto analyst Kim Wong recently popped up online to make a compelling case that Pi Network is far from a failure. In fact, he seems pretty confident in its future. 🧐
Do I think Pi Network is successful? Heck, yes! Check out the facts:
1. Over 65 million users in 200 countries around the world.
2. 4.34 million X followers, ranked 3rd among top 10 cryptos right after Binance‘s 14.7 million and Bitcoin‘s 7.8 million.
3. KYC verified over 18…— Kim H Wong (@Time_and_Trade) July 28, 2025
Kim’s argument is simple: Pi Network has attracted over 65 million users from 200 countries. That’s a *lot* of users, even if Pi Coin’s price seems to be taking a nap. It’s a big deal for any crypto project still trying to find its footing in the market. And on X (formerly Twitter), Pi Network has over 4.3 million followers—yes, that’s third place among all cryptos. Only Binance and Bitcoin are ahead. Move over, mainstream! 😏
Strong KYC and Wallet Activity
Here’s where it gets even more interesting: more than 18 million users have gone through KYC (Know Your Customer) verification. And, more than 13 million of them have moved their Pi tokens into wallets. These numbers are not tiny, folks. Remember, Pi Coin hasn’t even been fully listed on major exchanges yet. Still, it’s ranked #34 in global market capitalization. Nice for a “scam,” huh? 🤑
Oh, and don’t forget the infrastructure! More than 400,000 nodes are running across Pi’s Testnet1, Testnet2, and Mainnet. Sounds like some serious business. 🖥️
New Projects and Tools Rolling Out
Pi isn’t just talking the talk. They’re walking the walk. Pi recently launched a $100 million Pi Ventures Fund, designed to help startups that use Pi Coin. Plus, there’s Pi App Studio, which helps people build apps with AI tools, the FruityPi game, and Pi Domains—each one attracting attention in the community. Apparently, Pi isn’t just sitting pretty; it’s building stuff. 🎮
Real-World Utility on the Rise
And don’t get me started on the growing real-world use of Pi Coin. Over 27,000 merchants across Asia, Africa, and Latin America are now accepting Pi for daily purchases. That’s not just hype, people—that’s adoption. Oh, and to make it even easier, Pi now has a “Buy Pi” tab in the Pi wallet. So yes, you can now buy Pi using regular fiat money. They’re doing the hard work so you don’t have to. 💸
Read More
- USD MXN PREDICTION
- USD ARS PREDICTION
- DOT PREDICTION. DOT cryptocurrency
- ONDO PREDICTION. ONDO cryptocurrency
- FET PREDICTION. FET cryptocurrency
- GBP AED PREDICTION
- EUR PLN PREDICTION
- Gold Rate Forecast
- INJ PREDICTION. INJ cryptocurrency
- AI Takes Over Crypto News? 🤖✍️ Half of Stories Are Robot-Approved!
2025-07-29 08:53