With Pi Network officially launching its blockchain on February 20, 2025, its previously highly anticipated market value has not been realized as expected. Despite attracting a large number of users, Pi coins still face many challenges from multiple factors such as demand, actual application scenarios, and regulatory environment. As liquidity gradually increases, market sentiment may change rapidly, putting pressure on its value, making future price volatility risks inevitable. Therefore, investors should be wary that its long-term appreciation potential remains filled with uncertainty. The following personal opinions are for reference and do not constitute investment advice!
1. Market Demand and Liquidity Risk: Although Pi Network has attracted a large number of registered users, the actual application scenarios and commercial value behind it have not been fully proven. According to the current market situation, the demand for Pi coins has not reached the expected levels, and its liquidity is low, which increases the risk of price volatility. As liquidity gradually increases, investors may engage in large-scale sell-offs due to fluctuations in market sentiment, further driving down prices.
2. Fundamental Underperformance: Pi Network has failed to significantly surpass the expected goals outlined in its white paper during its development over the past few years, especially in terms of practical business applications and the construction of a stable ecosystem. Although the platform has a large user base, it lacks sufficient substantive support, which has shaken market confidence in its long-term value.
3. Regulatory and Legal Uncertainty: With the gradual tightening of regulations in the global cryptocurrency market, projects like Pi Network, which do not have a clear regulatory compliance path for the future, face policy risks. If the platform fails to gain legal and compliant recognition in major markets, its currency value may be negatively impacted.
4. Gap Between Investor Psychology and Market Expectations: Initially, expectations for Pi Network were too high, and many investors may have hoped for value growth after the mainnet launch. However, as the mainnet did not achieve the expected value release, the market may adjust its valuation of Pi coins. When this shift in sentiment occurs, prices may face selling pressure and drop below the current trading range.
5. Competition and Technical Challenges: In the current fiercely competitive cryptocurrency market, Pi Network faces competition from other more mature blockchain projects. Although the technology of Pi coins is still under development, there is still great uncertainty as to whether it can break through technical bottlenecks and gain developer support in the short term.
Overall, the future appreciation potential of Pi coins is still constrained by multiple factors. There is high uncertainty in terms of demand, technology, and market sentiment, so caution is advised.
#参与投票-PI该上线币安吗？ Suggestion: Opposing Vote
