After a sharp drop in the price of the digital currency Mantra (OM), many members of the digital currency community have urged the Pi Network (PI) team to learn from this unexpected event. Dr. Altcoin, a prominent crypto expert, has requested the Pi development team to create effective protective measures to prevent a recurrence of such a disaster. Dr. Altcoin considers this incident a red flag for the entire cryptocurrency industry and emphasizes the need for the Pi development team to establish a more transparent structure for their project before launching the main network. He also points out the lack of transparency in the team’s performance, dissatisfaction among users due to factors such as how Pi tokens are locked and burned, as well as delays in issuing KYC (Know Your Customer) and KYB (Know Your Business) verifications. While the price of Pi coin has grown by approximately 30% in the past 7 days, reaching $0.7404, concerns about the possibility of a further price drop to $0.3 still exist in the community. You can view the prices of all tokens and cryptocurrencies live and in real-time on the digital currency price page.
