Pi Network Token Plummets 16% Following Founder’s Keynote, Sparking Community Outcry
Pi Network’s technological ambitions clashed with market realities as its native token dropped 16% after founder Dr. Nicholas Kokkalis’ keynote at Consensus 2025. The decline to NEAR $0.40 levels revealed growing tensions between the project’s promises of AI-blockchain integration and investor patience.
Community forums exploded with criticism as the sell-off intensified, particularly among early adopters facing unrealized gains. Technical charts now indicate potential support at April’s lows, though sentiment metrics show eroding confidence in the project’s roadmap execution.