Pi Coin Freefalls in the Market, Pi Network Fund Transparency Questioned: What Happened?

Jakarta, Pintu News – Pi Coin, a digital currency that has recently gained attention, has experienced a sharp decline amid controversy and demands for transparency. With the launch of trading on the CoinEx exchange, many are wondering about the future of this currency.

Pi Coin Officially Traded on CoinEx

Pi Coin (PI) has been officially launched for trading on the CoinEx exchange on March 18, 2025. The deposit and withdrawal window opened at 11:00 UTC, followed by trading at 11:30 UTC. Pi holders can now trade Pi Coin for Tether (USDT).

This move is expected to increase liquidity and provide more opportunities for investors to engage in the Pi Network ecosystem. The trade opens up new opportunities for Pi holders to optimize their investments. However, the launch also comes at a challenging time for Pi Network, which is struggling with transparency issues and falling exchange rates.

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Transparency of Pi Network’s Funding Sources Questioned

As concerns about the Pi Network grew, there were demands from users for transparency about the network’s funding sources. This controversy sparked concerns among investors and users who wanted more clarity on how the funds were being managed and used in the development of the network.

Pi Network users, often referred to as Pioneers, are actively demanding that the development team provide clearer and more open details about their funding sources. This demand comes in response to a lack of information that could result in mistrust and decreased participation in the network.

Sharp Pi Coin Price Drop

Pi Coin experienced a significant price drop, with a 19.3% drop in the past week. This decline marks one of the most challenging phases in the short history of this digital currency. This drop in value not only affects Pi Coin holders but also raises questions about the long-term stability of the currency.

This drop comes amidst market uncertainty and transparency issues affecting Pi Network. Investors and market analysts are watching closely to see how Pi Network and Pi Coin will navigate these challenges and what impact it will have on the exchange rate in the future.

Conclusion: The Future of Pi Coin

With the challenges faced by the Pi Network and the decline in the value of Pi Coin, the future of this currency has become a hot topic among the crypto community. Whether Pi Coin can recover from this decline and live up to initial expectations as an innovative digital currency, remains to be seen. However, one thing is for sure, transparency and trust will be key in determining the future direction of Pi Network and Pi Coin.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Pi Coin Listing on CoinEx Market Amid Downturn. Accessed on March 20, 2025
• Featured Image: CryptoWeekly