#CongressTradingBan # Wake-up call for the PI Network says top analysts
Mantra, one of the most famous and reliable real-world asset tokens, suddenly stumbled by 95% within a few hours. This unexpected decline raised concerns across the crypto space. Leading crypto analyst Dr. Altcoin has now issued a strong warning for the PI Network team, urging them to learn from the Mantra crash and avoid making the same mistakes. The crypto token OM, the native coin of the Mantra blockchain, which aims to bring real-world items, such as houses or land, onto the blockchain in digital form, was seen as a trustworthy project and ranked among the top 25 cryptocurrencies by market cap. Things may have taken a surprising turn, and within just one hour, the price of OM plummeted significantly from $6.10 all the way down to $0.38. Because of this, it lost more than $6 billion in value, and many people in the crypto space lost their life savings. Thus, Dr. Altcoin stated that this incident is a major warning for everyone in the crypto world. He warned the PI Core (PCT) team to take note of what happened with Mantra OM and ensure that the PI Network avoids making the same mistakes. Warning for the PI Network team. Dr. Altcoin also issued a clear warning to the PI Core (PCT) team, pointing out that the PI Network is transitioning from the open network to the open MainNet. This is a significant step and comes with more responsibility. He urged the PI team to accelerate the development of safety features before making the big switch. As they move forward, they need to focus on more transparency, clear rules, and open communication with its users. After Dr. Altcoin shared his warning about the PI Network on X, many users gave their opinions. Some firmly believe that the PI Core (PCT) team will not do anything that could harm its name or reputation. One user said that Pi is not like other coins that suddenly rise and fall in price just to deceive people. They stated that the team is still working on building useful things and steadily growing the network. Another user added that the PI team has been very quiet recently, but this may be part of their plan. They believe that the team may be focused on their work and not ready to talk yet.
