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Pi Network Founders Reaffirm Long-Term Vision Despite 50% Price Correction
Pi Network Founders Reaffirm Long-Term Vision Despite 50% Price Correction
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News - Pi Network co-founders Nicolas Kokkalis and Chengdiao Fan addressed community concerns during a Seoul meetup as the Pi token price plunged over 50% in late September. The founders emphasized long-term ecosystem development over short-term price action, revealing significant adoption metrics: 60 million mobile users, 350,000 testnet nodes, and 14 million KYC-verified members. Fan positioned Pi as a multi-faceted platform combining cryptocurrency, social networking, and developer tools. The network's App Studio initiative—an AI-powered builder for non-technical users—has already generated thousands of applications, signaling growing utility beyond speculative trading.
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