#pinetwork

Pi Coin (PI) has seen a significant decline since its peak near $3 in February 2025, dropping over 70% to approximately $0.84. 

BRAVE NEW COIN

 Factors contributing to this downturn include Binance's rejection of Pi Coin's listing and concerns over the network's decentralization. 

Decentralized Exchange Launch

In response to price manipulation concerns, Pi Network introduced PiDaoSwap, a community-driven decentralized exchange (DEX) aimed at stabilizing Pi Coin's value and enhancing trust within the ecosystem. 

Integration with Telegram

Pi Network has integrated with Telegram's crypto wallet, potentially expanding its reach to Telegram's vast user base and facilitating broader adoption. 

Domain Auction Activity

The network's domain auction has garnered significant attention, with over 200,000 bids placed for approximately 95,000 domains. This activity reflects strong community engagement and could contribute to the ecosystem's growth. 

Community Concerns and Future Outlook

Despite these initiatives, Pi Network faces challenges, including centralization concerns and the absence of listings on major exchanges like Binance and Coinbase. Addressing these issues is crucial for the project's credibility and future success.