Pi Network Co-Founder Defends ’PI Army’ Loyalty Despite Market Turbulence
Nicolas Kokkalis, co-founder of Pi Network, addressed the project’s passionate community and market challenges during a keynote at the 2025 Consensus conference in Toronto. The blockchain pioneer discussed topics ranging from decentralized adoption to AI integration, while acknowledging PI’s paradoxical path—simultaneously ranking among crypto’s most talked-about projects yet experiencing post-event price drops.
Despite operational delays spanning five years, PI Network maintains a cult-like following. Kokkalis credited grassroots mobilization strategies during his Toronto appearance, though the token’s value plummeted shortly after—a classic ’buy the rumor, sell the news’ pattern common in speculative assets.