PI網絡（PCT）敦促在OM令牌崩潰之後優先考慮透明度

這些言論遵循PI網絡最近過渡到完整的Mainnet階段。

Mantra’s OM (OM) token crashed more than 90% in less than an hour, wiping out over $5.5 billion in market capitalization.

Mantra的OM（OM）代幣在不到一個小時的時間內墜毀了90％以上，從而消除了超過55億美元的市值。

The administrative token used in the Mantra DAO ecosystem saw its price plummet from a high of around $12.42 to just $0.96. In total, the sell-off saw the vast majority of the token’s market cap evaporate.

DAO生態系統中使用的行政令牌的價格從大約12.42美元到0.96美元。總體而言，售罄的絕大多數代幣的市值蒸發了。

The rapid price drop and subsequent recovery came after the project announced the full rollout of its Open Network (ON) to Open Mainnet.

在該項目宣布全部開放網絡（ON）開放Mainnet之後，價格下跌和隨後的恢復迅速。

The move saw the project’s ecosystem transition to a more decentralized model, with the administrative token being fully unlocked.

此舉使該項目的生態系統過渡到一個更加分散的模型，而管理令牌已完全解鎖。

The project’s natively integrated stablecoin, mOM, also saw a steep drop, plummeting from a high of $1.05 to $0.76.

該項目的本機整合的穩定股媽媽媽媽也看到了一個陡峭的下降，從高處跌至1.05美元至0.76美元。

The incident has sparked widespread concern across the crypto industry, especially for projects undergoing key phases of development and token unlocking.

該事件引發了整個加密貨幣行業的廣泛關注，尤其是對於正在進行開發和代幣解鎖關鍵階段的項目。

One such project is Pi Network, which recently transitioned to the Open Mainnet phase.

一個這樣的項目就是Pi Network，該網絡最近過渡到開放的Mainnet階段。

After a crypto analyst and advocate for decentralized ethics, known on X as Dr Altcoin, linked the OM incident to Pi Network and called for stricter regulation.

在加密分析師和倡導分散倫理（在X上稱為Altcoin博士）的倡導者之後，將OM事件與PI網絡聯繫起來，並要求更嚴格的調節。

“The OM incident is a wake-up call for the entire crypto industry, showing why stricter regulations are crucial and needed now. It’s also a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” he wrote.

他寫道：“ OM事件是整個加密貨幣行業的喚醒呼籲，表明為什麼更嚴格的法規至關重要且現在需要。對於PI Core團隊來說，這也是我們從開放網絡過渡到Open Mainnet的巨大教訓。”

Some users defended Pi Network’s fundamentals, highlighting its utility-focused roadmap and avoidance of speculative hype. However, Dr Altcoin doubled down on concerns over a lack of transparency.

一些用戶為PI Network的基本面辯護，突出了其以公用事業為中心的路線圖和避免投機性炒作。但是，Altcoin博士對缺乏透明度的擔憂增加了一倍。

“One thing is clear about the PCT, they are not transparent. They keep making mistakes and misjudgments. But the worst part is they never learn from their mistakes,” he added.

他補充說：“關於PCT的一件事是不透明的。他們一直在犯錯誤和錯誤判斷。但是最糟糕的是，他們永遠不會從錯誤中學習。”

Despite this, the broader Pi community remains optimistic. The account Pi Open Mainnet, presented as a pioneer, posted a rebuttal citing reasons Pi may avoid OM’s fate.

儘管如此，更廣泛的PI社區仍然樂觀。帳戶pi開放的主網（以先驅者為先驅）發表了反駁，引用了PI可能避免OM的命運的原因。

It highlighted Pi’s slow token release strategy and absence of large early-sell events as elements central to that confidence.

它強調了Pi的慢速釋放策略和缺乏大型早期事件是該信心的核心。

“Massive community (35M+ pioneers), steady unlocks, growing utility (.pi domains, dapps), and a clean track record. Not a new token dump with a small community like OM,” they wrote.

他們寫道：“大型社區（3500萬+先驅），穩定的解鎖，效用不斷增長（.pi域，Dapps）和清晰的記錄。不是像OM這樣的小社區的新象徵性垃圾場。”

Indeed, Pi’s ecosystem is expanding. The integration with Chainlink (LINK), new fiat on-ramps, and Pi Ads are creating what the team calls a “virtuous cycle” of adoption and utility, according to Pi Open Mainnet 2025, a senior pioneer’s account.

確實，PI的生態系統正在擴大。根據PI Open Mainnet 2025，與ChainLink（鏈接），新的FIAT式坡道和PI廣告的集成正在創建團隊所謂的“良性週期”。

“These advancements form a virtuous cycle for Pi Network. Easier fiat ramps bring in more users (Pi’s community is already ~60M strong), Pi Ads drive more apps & utility, and Chainlink integration adds trust and interoperability. More users →more utility,” it stated.

“這些進步構成了PI網絡的良好週期。更容易的菲亞特坡道引進了更多用戶（PI的社區已經約60m強），PI ADS推動了更多的應用程序和實用程序，並且ChainLink集成增加了信任和互操作性。更多用戶→更多用戶→更多的實用性。”

With a community reportedly approaching 60 million, many believe the project has a strong user-driven foundation, unlike OM’s more centralized dynamics.

據報導，隨著社區接近6000萬，許多人認為該項目具有強大的用戶驅動基礎，這與OM的更為集中的動態不同。

However, not everyone is convinced this will be enough. Mahidhar Crypto, a Pi Coin validator, urged users to withdraw Pi coins from centralized exchanges (CEXs) to prevent price manipulation.

但是，並不是每個人都相信這足夠了。 PI硬幣驗證器Mahidhar Crypto敦促用戶從集中交易所（CEXS）中撤回PI硬幣，以防止價格操縱。

“We have seen what happened to OM—how market makers dumped on users…When you deposit your Pi Coins on CEX the Market makers will use bots to create artificial buy/sell walls to manipulate prices or Liquidity,” they stated.

他們說：“我們已經看到了OM發生了什麼事 - 做市商如何傾倒用戶……當您將PI硬幣存放在CEX上時，做市商將使用機器人來創建人工買入/出售牆壁以操縱價格或流動性。”

This aligns with recent concerns about collusion between market makers and CEXs. Mahidhar also called for the Pi Core Team to scrutinize KYB-verified businesses and avoid listing Pi derivatives on CEXs, citing the risks of leveraged trading on still-maturing assets.

這與最近對做市商和CEX之間勾結的關注相吻合。 Mahidhar還呼籲PI Core團隊仔細檢查KYB驗證的業務，並避免在CEXS上列出PI衍生產品，理由是在仍在培養資產的資產上槓桿交易的風險。

Further fanning skepticism is on-chain behavior tied to OM. Trading Digits, a technical analysis firm, pointed out that the “Pi Cycle Top” indicator, a pattern often signaling market tops, had triggered twice for OM since 2024, the most recent being just two months before its collapse.

進一步的狂熱懷疑是與OM相關的鍊鍊行為。一家技術分析公司Trading Digits指出，“ PI Cycle Top”指標（通常是標誌著市場頂部）的“ PI Cycle Top”指標自2024年以來觸發了兩次OM，最近僅在其倒塌前兩個月。

“Coincidence or bound to happen?” the firm posed.

“巧合還是一定會發生？”公司擺姿勢。

Will Pi follow a disciplined, utility-first path, or could it fall into the same traps that triggered OM’s downfall? Only time will tell.

PI會遵循紀律嚴明的，第一的路徑，還是會落入引發OM倒台的相同陷阱中？只有時間會證明。