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$PI The Crypto Assets industry is developing at an astonishing speed, with fierce competition between platforms—so what is PiCoreTeam doing?
Centralized exchanges (CEX) have launched a complete "slaughter." For example, Bitfinex has permanently set the fees for spot, leverage, perpetual contracts, and over-the-counter trading to zero. MEXC has also reduced the fees for all spot trading pairs to zero. This is undoubtedly a blatant plunder of users from decentralized exchanges (DEX).
DEX initially competed with "zero platform fees" and decentralization as advantages, but now CEX offers zero fee

$PI Actually, the project truly started only a year ago, which is this year. After reaching a certain value, the previous years of mining were just to accumulate community size and see if the project could continue to be developed.

$PI Rapid increase is not a rise, be cautious

$PI When many people think it's a trap to attract more, it will actually rise.

$PI To everyone in the Pi Network community, I want to say that the project's success truly depends on everyone’s efforts. Reflecting on 2009, after Satoshi Nakamoto released the Bitcoin white paper, the project was almost unnoticed. Early adopters like Hal Finney, Gavin Andresen, and Martti Malmi tirelessly posted on forums, organized meetups, and even created “Bitcoin faucets” for free coin distribution, all to attract more people to learn about and join. They organized community events, developed websites, and promoted the理念, spreading Bitcoin’s value bit by bit. It was these grassroots ef

$PI The trend is irreversible

$PI It hasn't even started consolidating yet. After hitting bottom, it will at least move sideways for a year before we can see any direction. That means the bottom will be around the middle of next year, and by the end of next year, there might be some upward movement depending on the ecosystem, but don't get your hopes up too much because the project's current situation is really not good. Not to mention the lack of transparency, there is basically no major ecosystem development, which is the most fatal issue. Pi's goal is to build an ecosystem—without it, everything else is just empty talk.

$PI According to news from the National Internet Finance Association of China on December 5, the National Internet Finance Association of China, the China Banking Association, the Securities Association of China, the Asset Management Association of China, the China Futures Association, the China Association for Public Companies, and the Payment & Clearing Association of China jointly issued the “Risk Warning on Preventing Illegal Activities Involving Virtual Currencies and Other Related Activities.”
Recently, concepts related to virtual currencies have rapidly gained traction, and some crimin

#PI continues to pump