PiNetwok

1. “Yes, But Where’s the Roadmap?”
Sentiment: Cautiously optimistic
While many users are excited about the global Mainnet launch, the dominant demand is clarity and transparency—specifically, a public roadmap.
> “Enough with the mystery. We need transparency,” — CryptoCadet7
“Running a node for over a year and still in the dark.” — MinaPiNode
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🧑‍💻 2. Node Operators Feel Undervalued
Sentiment: Frustrated
Node operators feel overlooked, despite their efforts in maintaining the network's infrastructure.
> “Thousands of us are keeping things running, but we still don’t know our place in the future,” — Jahlil_0xPi
Concerns are growing that the Mainnet launch may prioritize scale and monetization over early contributors.
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🏛️ 3. Fear of Centralized Control Is Growing
Sentiment: Wary
Users are questioning whether Pi Network’s promise of decentralization is being honored.
> “The foundation still controls everything. That’s not decentralization,” — CryptoChai88
Decisions appear to be made top-down, undermining the decentralized ethos and eroding trust.
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🚀 4. The Hype Is Still Very Real
Sentiment: Eager and bullish
Despite the concerns, anticipation is high for the global launch. Many believe this is the moment the project becomes truly useful and visible.
> “Global Mainnet = real utility,” — RachelMinesPi
“It’s finally happening,” — Loopminer23
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🧩 Final Takeaway:
The Pi Network community is buzzing with excitement but demanding clarity. Without a transparent roadmap and decentralized governance, even the most enthusiastic users may grow disillusioned.
#PiNetwok

Crypto analyst Dr. Altcoin has issued a warning about Pi Coin, predicting a further price decline that could push the token down to $0.40 by August. He cites a lack of transparency and concerning centralization as key reasons for dwindling investor trust and weakening price action.

Confidence Drops, Investors Exit, and Price Falls
Pi Coin is currently trading around $0.68, the lowest level since May 17. The token has lost more than 60% of its value since its May peak. According to Dr. Altcoin, if nothing changes, Pi Coin could shed another 40% of its value in the coming weeks.
“No investor wants to put money into a project where the founders refuse to be transparent,” he stated.

Pi Core Team Under Fire
The project’s founders, Nicolas Kokkalis and Chengdiao Fan, are facing growing criticism for their lack of openness toward the community. Dr. Altcoin – once a supporter of the Pi Network – is now publicly calling on Pi Core and the Pi Foundation to disclose details of token sales, which he claims are happening behind the scenes.

Centralization Raises Red Flags
Another major concern is the extreme centralization of the token supply. Analysts report that the Pi Foundation holds over 90 billion Pi coins across more than 2,000 wallets. This has sparked fears of a single point of failure, where a security breach could endanger the entire ecosystem. This centralization is also seen as a key reason top exchanges like Binance and Coinbase have not listed Pi Coin, despite its popularity.

More Coins Unlocked, But Demand Lags
The project is also under pressure from token inflation – with millions of new tokens unlocked each month, supply is increasing while demand remains weak. In June alone, 272 million Pi coins will be unlocked, followed by 1.53 billion over the next year.
Additionally, data shows that over the past 24 hours, the amount of Pi on exchanges increased by over 3 million coins, possibly indicating heavy selling by holders.

Technical Analysis Points to Further Decline
On the 8-hour chart, Pi Coin had surged over 300% earlier this year, reaching a high of $1.66 in May as investors hoped for listings on major exchanges. When that didn’t materialize, the price sharply reversed.
The token is now trading below its 50-period moving average and is testing support at $0.6606. A drop below this level could open the path to $0.40, its historical low.
The only chance for invalidating this bearish outlook would be a move above $0.8680 — the double-bottom neckline from May 21. If that happens, the downward trend could be broken.

#pi , #PiNetwok , #CryptoMarket , #CryptoNewsCommunity , #cryptocurrencies

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