Why is the PI community angry with the new lockup program?

Many rely on PI Network as the next big cryptocurrency. But this August, the community seems to be in turmoil. The PI core team announced the new voluntary token lockup program where you can get a 200% mining boost. But in exchange you need to lock your tokens while Mainnet Migration is still not finished, KYC delays, and Pi's price has fallen. In this video we will discuss the grievances of PI pioneers, the unfinished ecosystem, the slow development of promised tools, and why the token lockup issue becomes so hot. We will also mention the impact of 160 million unlocked tokens this August and the low mining rate. If you are a Pinoy Crypto enthusiast, do not miss this important analysis. #Pinetwork #picoin #cryptonewsph #pitokenlockup #cryptopilipinas #pibacklash #blockchainph #pinoycrypto #cryptoaddate #web3ph playlists: crypto news 2025 https://www.youtube.com/watch?v=le8VRCJU3OG&List=PLP_YVSVWPHL7BPPVEIKDX4IYOQVIPJ2BX&PP=GAQB PI Network/PI NEWS - PCT https://www.youtube.com/watch?v=NMSY434hlqm&List=PLP_YVSVWPHL4I8J3QL23X1PCT1NBERJBT&PP=GAQB PI COIN TECHNICAL ANALYSIS - PCT https://www.youtube.com/watch?v=31gczzjv1ms&list=PLP_YVSVWPHL5GG_E-8F5URGFEOWA5ZB5O&PP=GAQB Crypto Trading Tips https://www.youtube.com/watch?v=csjbqzzq6pe&list=plp_yvsvwphl55ga5x1gng_5cpcfxghsbv&pp=gaqb0gcjcv8eocoswnin crypto reviews https://www.youtube.com/watch?v=0dwxk38gk9e&list=plp_yvsvwphl6zgljq9q7pr6r6lds9mq8x&pp=gaqb crypto tutorial https://www.youtube.com/watch?v=_wob44-je0&list=plp_yvsvwphl5ua5gmke9vm8ffgxyvy7wv&pp=gaqb crypto strategies https://www.youtube.com/watch?v=wfqd0pmzz39C&list=plp_yvsvwphl6d3Z92t6vfaa5xszakzy37&pp=gaqb crypto investing tips https://www.youtube.com/watch?v=nznxkffbv7q&list=PLP_YVSVWPHL7OHBNYTST7JGEM9R9VZNIV&PP=GAQB CRYPTO TRADING TIPS https://www.youtube.com/watch?v=csjbqzzq6Pe&list=PLP_YVSVWPHL55GA5X1Gng_5cpcfxghsbv&pp=gaqb crypto indicators https://www.youtube.com/watch?v=0mszhzfzbwy&list=PLP_YVSVWPHL40sbjfuslxin8Qthoywftj&pp=gaqb gcash https://www.youtube.com/watch?v=SAXM1jgaj_g&list=pplp_yvsvwphl4uuk08uk-tirdlepnqnlo&pp=gaqb ** disclaimer ** cryptocurrency investments carry a high degree of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrencies, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results. No representation is being made that any investment will or is likely to achieve profits or losses similar to those discussed on this website. The content on this YouTube channel (Pinoy Crypto Trader) is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. We have taken reasonable measures to ensure the accuracy of the information on the website; However, we do not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.