Pi Network has finally pulled the trigger on its mainnet launch. With the hype literally "shooting the moon," do we think the Bitcoin throne finally has a worthy challenger?
The hype? Unreal. This was the moment Pi Coin was supposed to go from app-based fantasy to legitimate, tradable cryptocurrency. And for a hot minute, it looked like it was happening—prices soared, early adopters cheered, and Twitter (sorry, X) was drowning in moon emojis. Pi first spiked to $1.97, crashed to $0.737, then rebounded 80%, then bounced back all the way to $0.76. That's pretty low for a coin that was projected to hit $50 at some point.