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Top Reasons why Pi coins Still Dumping Despite Global poineer Engagement
Pi Network is gaining massive adoption globally with millions of users and merchant support—so why is the Pi Coin price still dropping? Learn the real reasons, key players, and major events affecting its value.
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Introduction
The Pi Network revolution is real. With over 60 million users, Pi is arguably the most widely adopted yet-to-be-listed cryptocurrency in the world. From Nigeria to the Philippines, India to Argentina, Pioneers are already using Pi Coin to buy goods and services in growing peer-to-peer economies.
Still, a burning question echoes across the community:
“Why is the price of Pi Coin dumping despite all this momentum?”
In this post, we explore:
The masterminds behind the Pi Network,
The major events shaping its price,
And the economic and technical reasons holding it back.
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1. The Power Players Behind Pi Coin
Dr. Nicolas Kokkalis – Stanford PhD and Pi Network's visionary founder. His background in decentralized applications gives the project strong academic roots. Nicolas is the brain behind the Pi consensus algorithm and the enclosed mainnet strategy.
Dr. Chengdiao Fan – Co-founder and social computing expert. She's focused on user behavior and how to drive mass adoption through social engagement and usability.
Together, they’ve built Pi not as a copycat crypto, but as a social-layered currency aiming for mobile-first global adoption.
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2. Why the Price Is Still Dumping (Despite Adoption)
a. Enclosed Mainnet = No Real Market Price
Since December 2021, Pi has been in enclosed mainnet mode. Coins can’t be transferred to exchanges or traded openly. All transactions happen inside the Pi ecosystem, meaning there’s no true price discovery or fiat liquidity.
b. Over-Supply, No Burn
Millions of Pi were mined for free. With no deflationary mechanism (like coin burning or staking lockups), and a growing user base still mining, supply is abundant while fiat-based demand is minimal.
c. Peer-to-Peer ≠ Market Demand
Yes, users are buying shoes, electronics, and even land with Pi. But this is not fiat demand—it’s barter-style. Until Pi can be traded for dollars, euros, or stablecoins on open markets, its price will remain speculative.
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3. Big Events That Have (or Will) Influence Pi's Price
1. Open Mainnet Launch (Coming Soon)
This is the single biggest potential turning point. Once Pi goes live on exchanges, true price discovery will begin. Expect volatility, mass sell-offs, and possibly long-term growth—depending on how the launch is handled.
2. Hackathon Announcements
The Pi Hackathons, such as the 2023 Q4 edition, brought new dApps like PiCare, PiChain Mall, and Pi Workforce Pool, increasing ecosystem activity. These apps could drive utility-based demand, a crucial ingredient for price stability.
3. KYC Milestone Crossed
With millions already KYC-verified, this reduces fraud and encourages real identity-backed transactions. It also brings Pi closer to regulatory approval, essential for exchange listings.
4. Integration with Wallets & Payment Processors
Future partnerships with platforms like Trust Wallet, CoinPayments, or even Visa/Mastercard integrations could change the game by making Pi usable like mainstream crypto.
5. Listings on Tier-1 Exchanges
Rumors of Pi launching on Binance, KuCoin, or Bybit have circulated, but until Pi Core Team confirms it, these are speculative. Once listed, however, expect a surge in volume and price—followed by heavy profit-taking.
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4. Can Pi Reach $1 or More?
It’s possible—but only with these ingredients:
Open Mainnet with liquidity
Token burn or locking system
Strong fiat onboarding (USDT/USDC pairings)
Real-world partnerships (retail, fintech, Web3)
Until then, expect fluctuations. Remember: adoption alone isn't enough—the economic model must back it up.
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Final Thoughts
Pi Network is a sleeping giant—but it's still asleep.
Global adoption, loyal Pioneers, and strong tech leadership are all there. But until real-world liquidity, exchange listings, and market mechanics come into play, Pi’s price will remain suppressed.
Still holding your Pi? You might just be part of something historic.
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