#Pi Core Team’s Strategic Sell-Off Overlooked by Community
Amid major announcements like #Consensus2024 and the pi Ecosystem launch, Pi’s price surged from $0.40 to $1.60. Behind the scenes, the Pi Coreteam reportedly sold large amounts of #pi at this peak.
While the community anticipated a full #PiMainetLaunch with 100 quality DApps, the only update on May 14th was #PiNetwork Ventures. Since then, the price has dropped to $0.75 and is trending downward.
This raises serious concerns about transparency and the Core Team’s intentions — yet few seem to have noticed.
#ripple has repeatedly been rumored to serve as a bridge between #blockchain and SWIFT, or even to be entering into a direct partnership with SWIFT. However, Eric van Miltenburg, Senior Vice President of Strategic Initiatives at Ripple, has now made it unmistakably clear that the platform was not designed for that purpose. Rather, it is an upgrade intended to replace SWIFT. But why doesn’t Ripple see a partnership with SWIFT as an option? And what does this mean for the future of global payments? #xrp