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Home»Analysis»Pi Network is confronted with Community -back -Lash as a token price touches record lows
Analysis

Pi Network is confronted with Community -back -Lash as a token price touches record lows

2025-04-04No Comments2 Mins Read
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The PI network community is becoming more and more frustrated as the token is on record and the speech problems of users about the direction of the project.

On April 3, Pi Network Turkey, the largest community group that supports the project in the region, issued A statement that the Sidelining team accuses user voices.

According to the group, the developers have followed a top-down approach that contradicts the establishment principle of decentralization of PI Network.

It stated:

“The things we ever look forward to with excitement have now become merely disappointments. What kind of conscience is it to consume the faith and hope of people so easily? What kind of morality is it to ignore the labor, time and dreams of so many people?”

Important problems

In a detailed one deprivationPi Network Turkey outlined various complaints, including the indefinite delay in the open manet launch, limited transparency around finance and partnerships and uncertainty around the DAPP eco system of the network.

According to the group, there is little clarity about how much decentralized applications are operational or offer real value.

Additional concerns include the lack of meaningful business integrations and a growing distrust as a result of repeated delays and unfulfilled promises.

In view of this, the group revealed plans to start a ‘deputed protest’, which encourage pioneers to peel official PI network channels and express dissatisfaction on large platforms.

The group also endangered more aggressive actions if their requirements remain unanswered. These include coordinated One-Star reviews on the PI network app and a social media campaign under the hashtag #pinetworkprotest.

See also  Mad Lads NFTs Hit Record Levels as Backpack Taps FTX Lawyer for Exchange Launch

Pi of all time low

The protest comes when the Pi -Token has dowed to the lowest level since the launch.

Data of CryptoSlate Show that the active has fallen around 14% in the last 24 hours. It acts almost $ 0.50, the lowest level since the debut. Since its peak of 26 February, Token has lost more than 80% of its value.

Some analysts attribute the deterioration to ongoing token dislocations. This month alone, almost 120 million Pi -Tokens, worth $ 62 million, is expected to go into blood circulation. The network released 4.9 billion PI, with another 1.54 billion planned for the following year.

Some in the wider crypto room also suggest that the PI network suffers from a damaged reputation as skepticism grows about whether the project on Web3 benefits without its promises.

Posted in: tokens, Trading
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