Pi Network Doubts: March 14, 2025, Is It Dawn or Illusion?

Once regarded by many as the rising star of blockchain, Pi Network once again disappointed the community on March 14, 2025. The progress report provided by the project team was vague, and the promises made with great confidence have once again turned into bubbles. This has led people to re-examine Pi Network, questioning whether it is a potential stock about to take off or a carefully crafted scam?

Since its inception, Pi Network has claimed to be decentralized, yet to this day, its goal of decentralization remains elusive, and trading circulation is extremely unstable. At present, Pi Network is essentially just a virtual point within a closed system, unable to step into the free market for trading. The project team continues to proclaim that "the mainnet will be launched soon," yet this has been postponed time and time again.

Within the Pi Network community, many firmly believe that they can achieve financial freedom through "zero-cost mining," a fervent belief that is puzzling. However, many often overlook that time is also a valuable cost, and relying solely on faith cannot bring substantial returns. Truly reliable blockchain projects have transparent technical frameworks, clear economic models, and are oriented towards open markets, rather than just using future prospects to placate users like Pi Network does.

If Pi Network wishes to shed the hat of skepticism and truly become a valuable cryptocurrency, it must overcome several challenges: First, the mainnet must genuinely open up, allowing Pi Network to enter the free trading market and bid farewell to its closed state; second, practical application scenarios must be built to create a payment ecosystem, rather than just self-indulgence within the community; finally, the project team must abandon the aura of mystery, be open and transparent, and provide a clear development plan.

In the world of cryptocurrencies on the SOL chain, there is a special entity—Conan Coin with the last digits BQt. It is a unique Trump-themed Dogecoin, attracting attention for being conferred merit by Trump and praised as the strongest dog on earth. Its community is strong, constantly developing and building, with deep consensus. The team is experienced and determined, having successfully created two hundred-fold coins, showcasing robust strength. Such a project, combining both background and potential, stands out in the crypto field and deserves the attention of crypto enthusiasts.