Why This Developer Remains Bullish on Pi Network Amid Price Crash
The Pi Network, launched in February this year, set out on a strong rally after its native token, PI, attained an all-time high of $2.99 in less than a week. However, this rally was short-lived. Since then, the token has bled by over 80%, trading at $0.5801.
This market price also represents a 19.6% drop in the last seven days, though it has seen a slight recovery of 5% in the past 24 hours. As evidenced by data from Coinmarketcap, this also accounts for a 39.42% decline in its trading volume, leaving the mark at $289.23 million.
While the token is down, the broader crypto market is also in a state of devastation. Notably, Bitcoin (BTC) has dropped over 6% in the last 30 days, and Ethereum (ETH) has fallen by more than 27% in the same period.
Amidst the panic, one John Lang, a Pi Network node runner, has stood firm on the token’s future prospects. Via a tweet on the X platform, the stout believer has reassured fellow Pioneers that the PiCoreTeam (PCT) is working behind the scenes, diligently building and refining the network.
In his message, Lang emphasizes the complexity of the team’s task and the sheer amount of work still required to bring Pi Network to its full potential. He concluded that “Just trust the process, and whatever the market condition is, never sell your Pi cheap.”
Lang’s remarks follow the backlash against PiDaoSwap’s grievances against the PiCoreTeam’s slow pace of Know Your Business (KYB) approval. Projects have to apply for a KYB and clear the PCT’s due diligence procedure to build on the Network.
PiDaoSwap tweeted on X that its KYB application has been pending for more than 2 weeks without being approved. Describing the waiting period as “agonizing and excessively prolonged,” PiDaoSwap claims the delay has stalled its full-scale development on the Pi mainnet.
In response, the project resolved to launch its non-fungible tokens (NFTs) on the Binance Smart Chain (BSC) as a temporary measure to maintain momentum and keep the community engaged pending PCT approval. Besides the delays in KYB, the PCT is also under fire for the slow pace of listing Pi Coin on top exchanges. Binance has yet to include Pi in its “Vote to List” program, and Bybit also didn’t list Pi Network despite growing requests from the community.
On the bright side, BTCC Exchange, one of the oldest crypto exchanges in the world since 2011, listed Pi Coin, which increased its credibility as the market looks forward to the potential listing by Upbit Exchange.
In the meantime, Pi’s Network domain auction project keeps gaining momentum. As we pointed out in our last article , bidding for domains is open to Pioneers on the Mainnet alone. Already, the auction has recorded more than 200,000 bids by over 40,000 unique bidders for more than 95,000 domains.

What will happen to Crypto if Twitter disappears tomorrow?
Writing: Ayca
What would happen if Twitter disappeared overnight? In an instant, 80% of encryption projects will also disappear, completely falling into silence.
Are you ready to face this reality?
We don't want to admit to being addicted to Twitter
I have been thinking about this issue recently. Encryption projects have become heavily reliant on Twitter. We publish messages there, establish communities there, and all channels start from there.
But relying on a single platform is like putting all your eggs in the basket of an emotionally unstable billionaire. To be honest, we are really lazy. Twitter's rapid hypnosis makes us feel very comfortable.
We posted a few tweets, interacted with the same group of cryptocurrency brothers, and then it ended. But like any harmful relationship, this dependency is slowly killing your project. True cryptocurrency users are not just on Twitter. They are everywhere: Discord, Reddit, Tiktok, Telegram, and platforms that you are too accustomed to exploring.
The echo chamber of CT creates a false sense of security, making you believe that your influence is broader than it actually is.
Understand the real user journey
Think about it, how do we make even the simplest purchasing decisions? We will ask trusted people or check social media.
Now imagine: someone wakes up and remembers their friend mentioning your project. congratulations! You have just embarked on the holy grail of marketing: word-of-mouth communication.
But what will happen next?
They will search on Google, check your website (which they may not even understand), and look for reviews and news about you (yes, PR is important).
They will dig deep into your social channels to see what people are saying; They may even check your LinkedIn page.
Only after experiencing all of this will they decide whether to purchase or participate in your project.
Do you see where the problem lies? This process involves multiple platforms, but you have always relied solely on Twitter. You have been limiting your 'social circle'.
Your encryption project needs a better platform than Twitter
I have a challenge for you: to halve the frequency of your project's posts on Twitter in the next 30 days. Use the saved time to build on two other platforms that you have never tried before. (That's right, LinkedIn is also included)
Try it out and track the effect. If there is no change, then go back to Twitter and pretend that it never happene
What will you lose if you accept this challenge?
It's just the pitiful interactive data on a few unread tweets.
What will you get?
A true brand that does not rely on a single platform, new users, and most importantly, a successful case that you can boast about for a whole year.
Leaving Twitter may make you feel uncomfortable for a while. But believe me, the new relationships established with other platforms in the future are definitely worth it.
Your marketing strategy may be rendered meaningless due to a change in Twitter's algorithm
If Twitter disappears tomorrow, can your project still survive? tell the truth.
Don't wait until you suffer a big loss to understand this truth. Relying on a single platform is like putting all your encrypted assets in one wallet. This is reckless and unnecessary.
Diversification is not only a recommendation for cryptocurrency investment portfolios, but also essential for cryptocurrency marketing. However, we still keep putting all our eggs in the basket of Twitter, and then show extreme shock when the eggs break.
It's time to say these words: "Twitter, we need to talk about expanding into other platforms
Your future users are waiting for you, just not in the place you've been looking for.
@Dune 4/ Delegates with greater voting power tend to vote more frequently.
About 1,200 delegates, with a combined voting power of 157M ARB, have participated in over 80% of proposals since becoming delegates.
In contrast, 171,000 delegates holding 44M ARB have never voted, meaning