Significant Announcement for Pi Network: The Reason PI Could Gain Popularity Soon

Pi Network is set to take a principal role in an upcoming major cryptocurrency event, TOKEN2049, in Singapore. It will serve as a gold sponsor and its co-founder, Dr. Chengdiao Fan, will be a speaker at the conference, which is expected to increase the project's visibility. Despite the news, Pi's price has dropped around 15% over the past month.

Regardless of a brief upturn in late August, the token's value remains in the red. The upcoming token unlocks in the next two weeks could potentially depress the valuation further. However, after a significant unlock on September 21, token unlocks will lessen, possibly giving Pi an opportunity to recover.