PI Network的Open Mainnet发布会发送PI硬币价格崩溃超过25％

PI Network的Open Mainnet于2月20日正式启动。这使用户能够首次将其Picoin转移到网络之外。

Pi Network's (PI) Open Mainnet was launched officially on February 20. This enabled users to transfer their PiCoin (PI) outside the network for the first time.

PI Network的（PI）Open Mainnet于2月20日正式启动。这使用户能够首次在网络之外转移其PICOIN（PI）。

With the launch, this PiCoin is now available on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX.

通过发布，此Picoin现在可以在OKX，BITGET和COINDCX等突出的加密货币交换中获得。

Earlier this year, rumors of Pi Network’s mainnet launch began circulating, and with it, there was a lot of speculation about when PiCoin’s price would be revealed.

今年早些时候，关于PI Network的Mainnet发布的谣言开始流通，随之而来的是，人们对Picoin何时会揭示了Picoin的猜测。

After months of anticipation, Pi Network's mainnet was finally launched on February 20. This event brought to an end the long-running beta testing phase of the project, which commenced in 2019.

经过几个月的期待，PI Network的主网终于于2月20日启动。该活动结束了该项目的长期运行Beta测试阶段，该项目于2019年开始。

Following the launch of Pi Network's mainnet, the price of PiCoin dropped significantly.

PI Network的主网推出后，Picoin的价格大大下降。

What Went Down?

发生了什么？

From the highs of over $200 that some investors had reached on internal trading platforms, Pi Coin's price on Bitget crashed substantially, and its price soon fell by about 55% to around $1.

从一些投资者在内部交易平台上达到200美元以上的高价，Pi Coin的Bitget价格大大崩溃了，其价格很快下降了约55％，至1美元左右。

Before the launch, some investors were trading PiCoin at very high prices, which created unrealistic expectations about it. However, after the token was launched on exchanges, its price dropped significantly from the levels it had reached in internal trading.

在推出之前，一些投资者以非常高的价格进行了Picoin交易，这对此产生了不现实的期望。但是，在交易所上发布令牌后，其价格从内部交易中达到的水平显着下降。

Despite the anticipation surrounding Donald Trump's establishment of the US Crypto Reserve, the market reaction was somewhat disappointing, as investors had hoped for the US to inject new funds into the cryptocurrency market.

尽管唐纳德·特朗普（Donald Trump）建立了美国加密储备金（Crypto Reserve），但市场反应令人失望，因为投资者希望美国将新资金注入加密货币市场。

However, the administration announced the setting aside of existing assets, which had little impact on market liquidity.

但是，政府宣布搁置现有资产，这对市场流动性几乎没有影响。

This news comes amid a period of decline in the prices of major cryptocurrencies, such as Bitcoin.

这一消息传到了主要加密货币（例如比特币）价格的一段时期。

Market Volatility Following Policy Announcements By US President Donald Trump

美国总统唐纳德·特朗普（Donald Trump）政策公告后的市场波动

The market volatility can be attributed to several factors, including the implementation of new tariffs by US President Donald Trump, which have had a significant impact on global trade and investment.

市场波动可以归因于几个因素，包括美国总统唐纳德·特朗普（Donald Trump）的新关税，这对全球贸易和投资产生了重大影响。

Moreover, President Trump's policies have implications for cryptocurrency adoption and regulation.

此外，特朗普总统的政策对采用加密货币的采用和监管具有影响。