🟣 Pi Network Drops Major Update Amid Price Slump
The Pi Network Core Team has just released a key update aimed at gamers, developers, and investors — even as PI’s price tumbles back to $0.60 after its recent hype rally.
🔧 New Ecosystem Tools for Developers
The update emphasizes the role of gaming in driving user engagement and utility within the Pi ecosystem. A new game, FruityPi, has been launched to demonstrate how developers can integrate Pi Wallet, Pi Ads, and the Pi crypto token into their apps.
Developers are encouraged to apply to the $100M Pi Network Ventures Fund if their apps gain traction.
📉 Price Drops Despite Hype
Earlier in May, PI surged from $0.60 to $1.70 on speculation — but has since crashed over 60%, back to its original price. Reasons include:
* A broader market correction
* Increasing token unlocks
* Weak follow-through after the May announcements
📌 Takeaway
While Pi Network is expanding its developer and gaming ecosystem, price action tells a different story. The long-term success now depends on real-world adoption and sustained user engagement, not just hype.
💬 What’s your view on Pi Network's potential? Is it building something real — or losing investor confidence?
