Pi Network Crashes — But This Programmer Says the Best Is Yet to Come!

Updated
April 9, 2025
Gambar Pi Network Crashes — But This Programmer Says the Best Is Yet to Come!

Jakarta, Pintu News – Although PiCoreTeam (PCT) continues to receive a lot of criticism from various parties, John Lang, one of the Pi Network node managers, still shows an optimistic attitude towards the future of Pi Network.

His confidence is based on the various initiatives being undertaken by the PCT team. He also urged investors not to rush to sell their Pi coins, despite the current market conditions still being overwhelmed by prolonged bearish sentiment.

Lang: Pi Network Continues to Evolve Behind the Scenes

After a rough week where the Pi Network price dropped to $0.55, John Lang, one of the Pi Network node operators, tried to rekindle the spirit of optimism among Pi coin holders.

Read also: How much is Pi Network to Rupiah today (April 9)? Can Pi Coin Break $3?

In a post on the X platform, Lang stated that this price correction is just a small disruption in the big picture of Pi Network’s development.

Lang’s optimism stems from a series of activities underway behind the scenes by the Pi core team (PiCoreTeam/PCT), which he believes will bring many positive impacts to the network.

He also urged the Pi community to be patient and give the PCT time, given the enormous workload they are facing.

“Guys, be patient with the PiCoreTeam. They continue to work and build meticulously behind the scenes,” Lang said. “Their job is not easy and there is still a lot of work to be done.”

Lang Warns Investors not to Panic

Lang’s statement comes amid a wave of sharp criticism of PCT, particularly regarding the slow KYB (Know Your Business) approval process for various community projects.

Tensions rose after PiDaoSwap launched NFTs on the BSC network as a temporary solution to the delay from the PCT.

Furthermore, Lang also reminded investors not to panic or give up, despite the negative market sentiment. The price of Pi has dropped by about 13% and continues to weaken, even approaching the $0.30 point, making the public’s attention now focused on the swift steps of the PCT.

“Trust the process. No matter what the current market conditions are, never sell your Pi at a low price,” Lang emphasizes.

PiCoreTeam Announces Technical Requirements for Pi Network Ecosystem Developers

In the latest update, the PiCoreTeam (PCT) released technical requirements for developers who want to build applications on the Pi Network ecosystem.

Read also: Ice Open Network (ION): How it Works and Its Uniqueness!

This requirement emphasizes a mobile-first approach, and describes programming languages, frameworks, and includes the release of a software development kit (SDK) to ease the development process.

In the announcement, it states that developers are required to pass KYC certification, and applications created on the Pi network must have a clear value exchange mechanism.

Some pragmatic suggestions from the PCT include the development of applications for virtual goods, DApp-based services (decentralized applications), as well as mini-game platforms.

In addition, the PCT also provided an update on the Pi domain auction, where the number of bids has surpassed 200,000, signaling a significant increase in on-chain activity.

Despite the PCT’s increased activity, market analyst Dr Altcoin called for the PCT to burn the billions of Pi coins stored in the foundation’s wallets to help stabilize the value.

Meanwhile, an anonymous figure using the name Satoshi Nakamoto encouraged the community to contribute to stabilizing the price of Pi with a decentralized approach.

He proposed the creation of a community-driven liquidity pool (CDLP)-a mechanism where investors collectively commit to buying a certain amount of Pi coins every month to create long-term stability and liquidity.

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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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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