Cryptocurrency Q&A
Why did the Pi coin crash?
Why did the Pi coin crash?
Michele
Sun Nov 10 2024
|
5 answers
1046
I've been investing in cryptocurrencies for a while, and recently I noticed a significant crash in the value of Pi coin. I'm curious to know the reasons behind this sudden drop. Could it be due to market manipulation, a lack of investor confidence, or some other factors?
5 answers
Lorenzo
Tue Nov 12 2024
However, several key tasks remain unfinished, including the completion of KYC verification.
Was this helpful?
278
51
EnchantedSky
Tue Nov 12 2024
The decline of the Pi Network IOU is being exacerbated by the delays in launching the mainnet.
Was this helpful?
161
75
Giovanni
Tue Nov 12 2024
Initially, developers had set plans to transition the mainnet from its enclosed phase towards the end of this year.
Was this helpful?
182
49
BlockchainBaroness
Mon Nov 11 2024
Additionally, the developers need to add at least 100 dApps to the network before the mainnet launch.
Was this helpful?
305
54
ShintoSpirit
Mon Nov 11 2024
Market conditions also play a crucial role, and developers are waiting for favorable circumstances to proceed.
Was this helpful?
120
90
