Market analysts divided on the recovery of Pi Coin🚀💯💥🪙🫶
Frustrated early miners are openly criticizing the Pi core team for the lack of tangible progress after six years. Adding more controversy, Bybit CEO Ben Zhou has publicly labeled Pi Network (PI) a scam.
The market analyst added that for Pi Network (PI) to regain public trust and avoid further decline, the Pi core team faces pressure to fulfill key promises, launch the Pi Open Mainnet roadmap, present the anticipated DApps, and provide transparency by revealing key investors and stakeholders.
Currently, Pi Network (PI) is trading at approximately $1.14, reflecting a 15.7% decline from the previous close, according to CoinGecko data.
Market analysts do not reach a consensus on the trend of Pi Network (PI). Coinvo suggests that Pi Network (PI) could soon experience a price increase, pointing to a key Fibonacci support zone as a possible starting point.