Pi Network Advocates Maintain $100 Price Target Despite 92% Token Decline
Pi Network promoters are reviving ambitious $100 price predictions for the native token, even as it continues to struggle in the market. The token has lost 92% of its value since launch, with no significant recovery on the horizon.
Community channels are using classic crypto hype tactics—FOMO-inducing language, 'HODL' directives, and unsubstantiated surge forecasts. These efforts appear ineffective as on-chain data shows declining demand and liquidity.
The gap between promotional rhetoric and market reality is widening. While promoters present current prices as a 'discounted opportunity,' the token's persistent downward trend contradicts claims of imminent price appreciation.