Latest news about Pi Network cryptocurrency includes its decline by 60% after the mainnet launch, which raised some concerns among investors. Despite being listed on some platforms, its price dropped to $0.67. Nevertheless, it seems that the Pi Network team has denied any claims that the project is a scam. Some analysts suggest that the currency could reach $3 by next June, with enhanced technical developments and steps from.

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Response from the Pi Network team:

The Pi Network team has denied claims that the project is a scam and called for transparency.

Future of the currency:

Despite the concerns, some analysts believe that Pi Network cryptocurrency could experience a significant recovery in the long term, with expectations of the price rising to $500-1000 or more by 2030.