19h ago
⬜ Pi Network a social crypto project trying to bridge mobile users with blockchain.
As of today, $PI trades near $0.20, down - 16% in two weeks and over 90% below its ATH. But beyond price, it’s a rare case where community size outgrew on-chain activity.
Pi has 65M+ members, 18M KYC verified, and 12M assets migrated on Mainnet. That’s massive reach but only, 20K daily wallets are active. The real challenge: turning users into real on-chain participants.
Upcoming catalysts, Full Open Network launch (Q1 2025)
Native DEX + AMM rollout
Push for ISO 20022 compliance (to align with banks)
However, risks are big, 100B max supply = long-term inflation risk
96% supply held by top 100 wallets, centralization issue
Legal pressure for MLM-like model in key markets
Pi Network’s story is about potential vs structure huge audience, tiny activity.
The next few months will decide if it evolves into a real economy or fades as another crypto experiment.
@EdgenTech $BTC $PI
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