#PriceTrendAnalysis The extreme volatility of the PI token has raised questions about the stability and sustainability of the project, worrying investors and market experts. Several factors explain the rapid decline of Pi. The main reason was the mass sell-off by early miners, who acquired large amounts of the coin at zero cost. With the launch of the mainnet, these investors had the chance to convert their tokens into real money. The large supply available quickly drove the price down.
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In addition, the invitation-based mining model has generated distrust, raising questions about the long-term sustainability of the Pi Network. The crypto community has reacted mixed to the launch of Pi. While some see the drop as a buying opportunity, others remain skeptical about the viability of the project.