The cryptocurrency market started in strong form in October, with a global capitalization -climbing to $ 4.13 trillion, an increase of more than 1.4% in the past day. Bitcoin acts above $ 120,000, Ethereum has pushed $ 4,540 and XRP has crossed $ 3 again. Against this background, Pi Network has fallen by more than 3% to $ 0.26 in 24 hours, as a result of which questions were asked under the community.
The Wanvis question has disappeared
An important factor behind the weakness of PI is the absence of its second largest whale. This wallet, who has collected 383 million Pi -Tokens worth more than $ 100 million, stopped buying abruptly ten days ago. For a token that is missing exchange clauses and broad liquidity, the loss of one large copper has considerable weight.
Tokenomics under fire
Community Been focus on Pi’s Tokenomics. In contrast to Bitcoin, which is covered at 21 million, or Ethereum, which burns the delivery for each transaction, PI has chosen not to permanently remove the circulation permanently. Instead, the offer is recycled in the system.
With a maximum stock of 100 billion coins and no scarcity mechanism, many investors consider PI as inflationary. Pioniers who have mined Pi for years are now confronted with dilution, while outdoor capital is reluctant to come in.
Missed momentum despite progress
The core team recently launched a test network-decentralized exchange and co-founder Dr. Chengdiao fan appeared on Token2049, but updates were missing clarity about Tokenomics or exchange time lines.
In the meantime, the Rally of Bitcoin is pulling liquidity in Altcoins, but Pi has not benefited from it. According to experts, The project is at a crossroads: either adjust its delivery model or to lose the risk of risk relevant in a market that increasingly rewards scarcity of assets.
What Pi Network has to do
Mr. Spock argues that Pi must reconsider his economy. Options include the introduction of a repurchase program, in which the purchase of ecosystem income and the locking of tokens, or the implementation of token burns linked to transactions and app use. Without these measures, PI threatens to become a sign with circulation, but no stimulus for long -term possession.