The cryptocurrency community is closely watching the Pi Network as concern grows after the shocking crash of Mantra (OM)

The cryptocurrency community is closely watching the Pi Network as concern grows after the shocking crash of Mantra (OM). Dr Altcoin, a cryptocurrency expert, has urged the PiCoreTeam to implement immediate safety measures to protect the value of the Pi currency.

The cryptocurrency community is closely watching the Pi Network as concerns grow following the Mantra (OM) token crash. Dr Altcoin has urged the PiCoreTeam to take immediate safety measures to protect the value of the Pi currency.

The warnings come at a key moment for Pi as the network stands ready for its open mainnet transition, despite growing investor involvement and system difficulties.

OM Crash Spurs Urgent Crypto Safety Calls

Mantra (OM) token prices fell drastically from $6.32 to $0.57 during one serious market downpour, eroding investor trust. Market forces caused over 90% value depletion of OM during a single trading day, leading to a greater than $6 billion loss. When OM crashed, traders lost over $400 million from their investments made within days before the market failure.

Industry experts contested the stated reason for the market collapse being heavy selling pressure, arguing it was actually a systematic market destruction scheme. The cryptocurrency, OM, which held the top 50 position, now draws attention for its alleged lack of market protection mechanisms. The market crash resulting from the OM incident pushed crypto stakeholders to press for better investor safeguarding mechanisms within the industry.

During the panic, billions of dollars vanished from markets while network projects, including Pi, began preparing for market exposure. The cryptocurrency field needs new projects to build stronger foundational components as an essential prerequisite for exposing themselves to the public markets. OM’s financial collapse serves as a window into market failure when ecosystem controls are absent.

Pi Network Faces Pressure for Transparency

Dr Altcoin stresses that the PiCoreTeam needs to develop strong market systems before releasing its open mainnet. According to him, comprehensive market mechanisms will protect token reputation and value from destructive large-scale crashes. Previous warnings about Pi’s weak ecosystem structure have intensified to the extent that action becomes necessary.

The $OM incident is a wake-up call for the entire crypto industry—proof that stricter regulations are urgently needed. It also serves as a HUGE lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet. @PiCoreTeam @nkokkalis @Chengdiaohttps://t.co/77L8oKV89c

Recently, the OM crashes heightened public concerns regarding Pi’s transparency, pushing PCT to take immediate action. Several coin-locking system problems, along with sluggish project review protocols, continue to trigger disputes within the network community. Efforts need to improve network communication and make decisive moves to rebuild user trust in Pi’s ecosystem.

Dr Altcoin emphasizes the need for rapid Know Your Business (KYB) procedures because this step will strengthen the network structure. The market will gain confidence as the approval process expands and more people get involved in community-based initiatives. The PiCoreTeam faces an essential moment: defining how the Pi network will pursue entry into the crypto industry.

Pi Coin Rises, but Doubts Still Grow

Pi Coin's price rose by 30% during the past week, and the company maintained trading at nearly $0.7404 due to increasing market interest. Miners doubt the existing market strength, which creates a risk of a probable price decrease. Without protective measures, analysts project Pi to reach $0.30 as confidence in the coin continues to decline.

The mainnet public release demands proactive risk management measures for certain community members. Infrastructural developments from the PCT seem to lack enough visibility, which could lead to steep price adjustments.