PI Token Faces 75% Collapse as Mainnet Launch Fails to Deliver Promises
The Pi Network token has plummeted over 75% since its February 2025 mainnet launch, as the once-promising mobile mining project faces mounting challenges. Investors are struggling with locked tokens, delayed exchange listings, and unresolved funding issues.
Frustration grows among users unable to access holdings due to persistent KYC bottlenecks. The token’s drop below the critical $1 level reflects eroding confidence in the project’s future.