PI Network（PI）代幣的歷史最高水平下降了80％以上

PI Network的代幣從歷史最高時期的高度下降了80％以上，不到兩個月的時間，在其長期以來的Mainnet推出和Exchange首次亮相之後。

Pi Network's token has plummeted over 80% from its all-time high, less than two months after its long-anticipated mainnet launch and exchange debut.

PI Network的代幣從歷史最高時期的高度下降了80％以上，不到兩個月的時間，在其長期以來的Mainnet推出和Exchange首次亮相之後。

The steep decline has cast a shadow over a project that spent nearly seven years in development, raising concerns about its long-term viability and the sustainability of its hype-driven rise.

急劇下降的陰影對一個在開發工作近七年的項目上產生了陰影，引起了人們對其長期生存能力和炒作驅動升高的可持續性的擔憂。

Pi Network officially went live for trading on February 20, 2025, after years of anticipation and a massive grassroots community build-up. Within days, the token surged from under $2 to a peak of $3 on February 26, as early backers and speculative traders raced to get a piece of what many believed could be “the next big thing.”

經過多年的期待和大規模的基層社區的建設，PI Network於2025年2月20日正式進行交易。在幾天之內，隨著早期的支持者和投機性交易者競選，許多人認為許多人認為可能是“下一件大事”時，該代幣從2月26日的高峰飆升至2月26日的高峰。

However, that rally was short-lived, and PI has since entered a near-vertical downtrend. At press time, the token is trading at approximately $0.55, which represents an 81.07% drop from its all-time high. Earlier today, Pi even touched a new historic low of $0.54, according to CoinGecko, fueling skepticism among former believers.

但是，該集會是短暫的，此後PI進入了近乎垂直的下降趨勢。發稿時，令牌交易的交易約為0.55美元，比歷史最高水平下降了81.07％。根據Coingecko的說法，今天早些時候，PI甚至觸及了新的歷史低位，這是前信徒的懷疑。

PI Becomes Worst Performing Top 100 Altcoin

PI表現最差，排名前100位Altcoin

To be fair, the overall crypto market hasn’t been performing optimally in the last 36 hours, especially following renewed trade tensions sparked by former President Trump’s proposed tariffs.

公平地說，在過去的36個小時內，總體加密市場並沒有表現出色，尤其是在特朗普前總統提議的關稅引起的重新貿易緊張局勢之後。

However, PI’s performance in particular has far outpaced its peers. While most top altcoins and even memecoins are down in the single digits, PI stands out, and not in a good way. It’s currently the biggest loser among the top 100 altcoins, with only SUI trailing behind at a distant -10%.

但是，PI的表現尤其超過了同齡人。雖然大多數頂級山寨幣甚至成年人都在單位數字中倒下，但PI脫穎而出，但並非很好。目前，它是前100名Altcoins中最大的失敗者，僅SUI落後於遙遠的-10％。

The freefall comes amidst growing dissent from within Pi Network's own community. Just yesterday, a once-prominent supporter of the project labeled Pi Network a “slow rug,” a term used to describe projects that gradually lose value or community trust over time without an outright exit scam.

自由落體來自PI Network自己的社區中的異議。就在昨天，該項目的曾經是PI網絡的曾經是“緩慢地毯”的支持者，該術語用於描述隨著時間的推移而沒有直接出口騙局，逐漸失去價值或社區信任的項目。

On X (formerly Twitter), prominent analysts and crypto commentators are scrambling to unpack the root of PI's collapse. One voice, known in the community as Dr Altcoin, suggested that PI's uncertain tokenomics and lack of transparency from the Pi Core Team (PCT) are key drivers of the price implosion.

在X（以前為Twitter）上，著名的分析師和加密評論員正在爭先恐後地解開Pi崩潰的根源。一個聲音在社區中稱為Altcoin博士，建議PI不確定的令牌學和PI Core Team（PCT）缺乏透明度的不確定的聲音是價格內爆的關鍵驅動力。

"At such a low price, the Pi community will struggle to utilize DApps within the Pi Ecosystem. If this continues for months, most Pi holders will sell off their coins and shift to newer crypto projects," Dr Altcoin stated.

Altcoin博士說：“以如此低的價格，PI社區將難以利用PI生態系統中的DAPP。如果這種情況持續了幾個月，大多數PI持有人將出售其硬幣並轉移到更新的加密項目。”

Adding to the uncertainty is PI's absence on major centralized exchanges like Binance. Many speculate that large exchanges are hesitant to list the token until the PCT opens the books on supply metrics, vesting schedules, and ecosystem plans.

不確定性加上不確定性是PI在Binance等主要集中式交易所缺席。許多人推測，大型交流不願列出令牌，直到PCT打開有關供應指標，歸屬時間表和生態系統計劃的書籍。

PI Network Crash Sparks Burn Proposal

PI網絡崩潰火花燒傷建議

As PI holders look for a way forward, some community members are now calling for drastic action. Dr Altcoin proposed that billions of PI tokens be burned from Pi Foundation wallets to address oversupply concerns and reignite confidence.

當Pi持有人尋找前進的道路時，一些社區成員現在正在呼籲採取劇烈行動。 Altcoin博士建議，從PI基礎錢包中燃燒數十億個PI令牌，以解決過度供應的關注並重新點燃信心。

"This is the only way to push the price above $10 and sustain the network's long-term value," he said bluntly.

他直言不諱地說：“這是將價格推高超過10美元並維持網絡的長期價值的唯一方法。”

Whether the Pi Core Team will take such radical steps remains to be seen. For now, the project faces a critical test: can it recover from one of the steepest post-launch crashes in recent memory, or will it become yet another cautionary tale in crypto's long list of overhyped launches?

PI核心團隊是否會採取如此激進的步驟還有待觀察。目前，該項目面臨著一個關鍵的測試：它可以從最近的記憶中最陡峭的發出後崩潰之一中恢復過來，還是會成為Crypto長期聞到的發射的另一個警告性故事？

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