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Free fall for Pi Network: Below $1, investor confidence wavers

From initial enthusiasm to a 75% drop

Questionable transparency and lack of activity on the network

Announced as a revolution in mobile mining, Pi Network captivated millions of investors before faltering under the weight of its own promises. Since the launch of its mainnet in February 2025, the project has faced setbacks: locked tokens, no listing on major platforms, and ambiguity surrounding its funding. The result is a drop of over 75% in price over three months and a disillusioned community. Behind the initial excitement, doubt is settling in about the real viability of this 'inclusive' crypto.