PI Network的价格暴跌激发了投资者的担忧

最近几周，加密货币市场的价格转向波动，PI Network（PI）也不例外。

The cryptocurrency market has seen volatile price movements in recent weeks, and Pi Network (PI) is no exception. The token has fallen below the $0.70 mark for the first time in over a month, currently trading at approximately $0.6646.

最近几周，加密货币市场的价格转向波动，PI Network（PI）也不例外。代币在一个月以上的首次下跌低于0.70美元，目前的交易约为0.6646美元。

This sharp decline of around 20% within a week has sparked concerns among investors and community members about the project’s long-term stability, especially as it approaches a crucial support level at $0.60. Many analysts are debating whether the token can sustain itself above this threshold or if further losses are imminent, setting the stage for an interesting technical analysis in the days ahead.

在一周内，这种大约20％的急剧下降引起了投资者和社区成员对该项目的长期稳定的关注，尤其是当它接近至关重要的支持水平为0.60美元时。许多分析师正在辩论令牌是否可以维持在此阈值之上，还是即将到来的进一步损失，为未来几天进行有趣的技术分析奠定了基础。

Furthermore, the recent drop in trading volume within the Pi ecosystem may indicate a decrease in investor confidence and interest in the project. As the project faces setbacks and criticisms, the true test of community support and the project’s resilience will be evident in the coming months.

此外，PI生态系统中最近的交易量下降可能表明投资者对该项目的信心和兴趣下降。由于该项目面临挫折和批评，在未来几个月中，对社区支持和该项目的韧性的真实测试将很明显。

However, Pi Network has faced another setback with the exclusion of the project from Binance’s second Vote to List initiative. The initiative, which aims to provide the community with the power to decide which tokens get listed on Binance, saw 12 tokens—VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME—selected for this round.

但是，PI Network面临另一个挫折，将项目排除在Binance的第二票列出倡议之外。该倡议旨在为社区提供决定哪些代币在二元上列出的权力，看到了12个令牌 - 虚拟，大型时间，uxlink，morpho，grass，ath，ath，wal，Safe，Safe，Safe，Zeta，Zeta，ip，ondo和plume-在这一轮中使用。

The selected tokens are primarily utility tokens from various sectors, with a focus on innovative projects and technologies. This aligns with Binance’s broader strategy to expand its offerings and cater to diverse investor preferences.

选定的令牌主要是来自各个领域的公用设施，重点是创新的项目和技术。这与Binance更广泛的战略相吻合，以扩大其产品并满足不同的投资者偏好。

But notably absent from the list is Pi Network, which had been nominated by the community and was a strong contender for listing. This marks the second time Pi Network failed to make the final selection, despite receiving a high number of votes and significant community interest.

但是，列表中不存在的是PI Network，该网络已由社区提名，并且是列出的有力竞争者。尽管获得了大量的选票和重大的社区利益，但这标志着PI网络第二次未能进行最终选择。

Many in the Pi community expressed frustration over the project’s exclusion, especially considering the project’s large user base and the potential for a major exchange listing to boost the token’s price and increase adoption.

PI社区中的许多人对该项目的排除感到沮丧，尤其是考虑到该项目的庞大用户群以及大型交易所上市的潜力以提高令牌的价格并提高采用率。

Binance explained that only BNB-based projects qualify for the Vote to List initiative, effectively disqualifying Pi Network from participating in the initiative again.

Binance解释说，只有基于BNB的项目有资格获得列出主动性的投票，从而有效地使PI网络再次参与该计划。

This integration is part of Binance’s broader effort to foster community involvement and provide investors with a voice in shaping the exchange’s ecosystem.

这种整合是Binance为促进社区参与的更广泛努力的一部分，并为投资者提供了塑造交易所生态系统的声音。

However, despite securing a listing on BTCC Exchange, Pi Network has struggled to generate positive momentum. Trading activity within the Pi ecosystem has significantly declined, indicating a potential decrease in investor interest and activity in the project.

但是，尽管在BTCC Exchange上获得了上市，但PI网络仍在努力产生积极的势头。 PI生态系统内的交易活动已大大下降，表明投资者的利益和项目活动的潜在下降。

This is in contrast to the project’s claims of having more than 125,000 sellers participate in their first-ever PiFest event, with over 58,000 active sellers and 1.8 million Pioneers using the Map of Pi feature.

这与该项目的主张相反，该项目拥有超过125,000个卖家参加他们的首次竞争活动，使用PI功能地图，有超过58,000名活跃卖家和180万先驱者。

While these numbers appear promising, community members remain skeptical about their actual impact on the network’s overall utility and adoption.

尽管这些数字似乎很有希望，但社区成员仍然对他们对网络的整体实用性和采用的实际影响持怀疑态度。

Critics, including the well-known crypto analyst Dr. Altcoin, have pointed out that “trading activity in the ecosystem has hit a new low, with the primary transactions being selling Pi for cash.”

包括著名加密分析师Altcoin博士在内的批评家指出，“生态系统中的交易活动已经达到了新的低点，主要交易是出售PI以现金出售。”

This sentiment reflects a broader frustration that the project has not delivered substantial advancements in terms of exchange listings, ecosystem development, or clearer timelines for mainnet activation.

这种情绪反映出一个更广泛的挫败感，即该项目在交换清单，生态系统开发或更清晰的内网激活时间表方面没有取得重大进步。

Many Pi Network investors and early adopters feel that the project’s leadership lacks sufficient transparency. Monthly updates from the Pi Core Team have been criticized for being vague, repetitive, and failing to address pressing concerns.

许多PI网络投资者和早期采用者认为该项目的领导能力缺乏足够的透明度。 PI Core团队的每月更新因模糊，重复和未能解决紧迫的担忧而受到批评。

Some members also expressed interest in changes in leadership, feeling that leaders with greater expertise in cryptocurrency markets and community engagement are needed to guide the project through its next phase of development.

一些成员还表达了对领导力变化的兴趣，认为需要在加密货币市场和社区参与方面具有更高专业知识的领导者来指导该项目通过其下一阶段的发展。

Others suggest implementing a decentralized governance model that would allow the Pi Network community to have a greater say in decision-making processes and ensure that the project aligns with the long-term interests of its users.

其他人建议实施分散的治理模型，该模型将使PI网络社区在决策过程中具有更大的发言权，并确保该项目与用户的长期利益保持一致。

Furthermore, Pi Network recently announced another decrease in its base mining rate, reducing it by 1.18% to 0.0029030 π per hour. This move aligns with the project’s long-term goal of gradually reducing mining rewards to increase scarcity and encourage long-term value creation.

此外，PI网络最近宣布其基础开采率又下降了，将其降低了1.18％至0.0029030π。此举与该项目的长期目标相吻合，即逐渐减少采矿奖励以增加稀缺性并鼓励长期创造价值。

However, the decreasing mining rate has sparked dissatisfaction among miners, who are seeing the rate of reward for their time and effort decrease incrementally.

但是，采矿率的降低引起了矿工的不满，他们看到了时间和努力的奖励率逐渐减少。

Many Pioneers, who have been mining Pi for years in anticipation of substantial rewards, now worry that the decreasing mining rate makes their efforts less worthwhile and stifles the urgency to use and spend Pi in daily transactions.

许多开采PI多年以期获得可观的奖励的先驱者现在担心采矿率的降低使他们的努力降低了，并扼杀了使用和花费PI在日常交易中的紧迫性。

This concern is amplified by the fact that the project has faced multiple delays in activating its mainnet and rolling out key features that would unlock the full potential of the Pi ecosystem.

该项目在激活其主网并推出关键功能方面面临多个延迟，从而释放了PI生态系统的全部潜力。

As the token’s price continues to struggle, and exchange listing rejections mount, Pi Network faces a crucial turning point. The coming months will determine whether the project can regain investor confidence through strategic improvements or if it will continue its downward trajectory.

随着代币的价格继续挣扎，交换上市拒绝安排，PI网络将面临关键的转折点。接下来的几个月将决定该项目是否可以通过战略改进来恢复投资者的信心，或者是否将继续其向下轨迹。

Several key factors will influence Pi

几个关键因素将影响PI