PI網絡，持有人和市場動盪：導航加密風暴

在市場波動中分析PI網絡持有人的彈性以及對加密空間的更廣泛含義。

Pi Network finds itself at a fascinating crossroads. Despite market turbulence and a price collapse of its native token, Picoin, a dedicated community of holders remains steadfast. This article explores the dynamics of Pi Network, the resilience of its holders, and the market forces at play.

PI網絡發現自己處於令人著迷的十字路口。儘管市場動盪和原始代幣的價格崩潰，但敬業的持有人社區仍然堅定不移。本文探討了PI網絡的動態，其持有人的彈性以及市場力量的發揮作用。

The Unfazed Holders of Pi Network

PI網絡的持有人

In the volatile world of crypto, price swings are par for the course. But when Picoin hit an all-time low of $0.32, many expected panic. Instead, a large segment of Pi Network holders remained unfazed. As one user put it, "Even if Pi were to fall to $0 on exchanges, I wouldn’t be worried. What really matters is that I have my coins securely in my Pi wallet." This sentiment underscores a belief in the project’s long-term vision, transcending short-term market fluctuations.

在加密世界的動盪世界中，價格波動是該課程的標準。但是，當皮金（Picoin）的歷史最低點低於0.32美元時，許多人期望恐慌。取而代之的是，大部分PI網絡持有人仍然沒有驚訝。正如一個用戶所說，“即使PI在交易所中跌至$ 0，我也不會擔心。真正重要的是我將硬幣牢固地放在Pi Wallet中。”這種情緒強調了對該項目的長期願景的信念，超越了短期市場的波動。

The Price Collapse: A Perfect Storm?

價格崩潰：完美的風暴？

Picoin’s decline can be attributed to several factors. Over 160 million PI tokens were unlocked in August, flooding the market. Allegations of insider dumping, coupled with the lack of listings on major exchanges like Binance and Coinbase, further exacerbated the situation. Declining daily active addresses post-mainnet launch also contributed to the downward pressure.

Picoin的衰落可以歸因於幾個因素。八月份解鎖了超過1.6億個PI令牌，淹沒了市場。內幕傾銷的指控，加上在Binance和Coinbase等主要交易所上缺乏上市的指控，進一步加劇了這種情況。每日活躍地址下降後，MAINNET發射也導致了向下壓力。

Smart Contracts and Wallet Sovereignty

智能合約和錢包主權

A key reason for the continued confidence among Pi holders lies in the project’s emphasis on smart contracts and wallet control. Pi Network empowers users to store and manage their coins independently, aligning with the core principles of Web3. Recent additions to the Pi Wallet, including fiat on-ramps via Apple Pay for U.S. users, aim to bolster Picoin's utility and encourage holding.

PI持有人持續信心的一個關鍵原因在於該項目對智能合約和錢包控制的重視。 PI網絡使用戶能夠獨立存儲和管理其硬幣，與Web3的核心原理保持一致。最近對PI錢包的添加，包括通過Apple付費美國用戶的郵政郵政為啟用郵政意性，以增強Picoin的實用程序並鼓勵持有。

Web3 Vision and Ecosystem Expansion

Web3視覺和生態系統擴展

Pi Network envisions itself as a comprehensive ecosystem, with developers building decentralized applications (dApps) using Pi App Studio, and the Pi Browser enabling interaction with Web3 services. The roadmap includes staking, app voting, and peer-to-peer commerce. However, critics point to the lack of mature dApps and real-world use cases as hindrances to broader adoption. Without meaningful utility, even the most secure wallet can't guarantee value.

PI Network將自己設想為一個全面的生態系統，開發人員使用Pi App Studio構建了分散應用程序（DAPP），而PI瀏覽器促進了與Web3服務的交互。路線圖包括Staking，App投票和點對點貿易。但是，批評家指出，缺乏成熟的DAPP和現實世界中的用例是更廣泛採用的障礙。沒有有意義的實用程序，即使是最安全的錢包也無法保證價值。

GCV: A Principle Beyond Price

GCV：價格遠遠超出了原則

The Global Consensus Value (GCV) movement within Pi Network offers a unique approach, emphasizing harmony and community-driven valuation. GCV seeks to establish a fair, stable value based on real-world utility and collective agreement, protecting pioneers from market manipulation. Leaders like Supreme Commander Doris Yin guide this movement, advocating for balance and clarity.

PI網絡中的全球共識價值（GCV）運動提供了一種獨特的方法，強調和諧和社區驅動的估值。 GCV試圖基於現實世界公用事業和集體協議建立公平，穩定的價值，從而保護先驅者免受市場操縱。像最高指揮官Doris Yin這樣的領導人指導了這一運動，提倡平衡和清晰。

The Role of Exchange Listings

交換清單的作用

Exchange accessibility remains a significant challenge. While Pi Coin is available on platforms like OKX, Gate.io, and MEXC, it has yet to be listed on Binance or Coinbase, limiting exposure and liquidity. Strategic accumulation by whales may be in anticipation of a major listing, but such listings could also trigger profit-taking.

交換可及性仍然是一個重大挑戰。雖然Pi硬幣在OKX，GATE.IO和MEXC等平台上可用，但尚未在Binance或Coinbase上列出，限制了暴露和流動性。鯨魚的戰略積累可能是在預期的主要清單方面，但這些清單也可能觸發利潤。

Token Unlocks and Potential Pressure

令牌解鎖和潛在壓力

August 2025 marks a critical period, with over 160 million tokens scheduled for release. These unlocks represent potential selling pressure. The Pi Core Team has encouraged users to lock up their tokens to reduce circulating supply, but long-term recovery hinges on real demand and utility.

2025年8月標誌著關鍵時期，預定釋放超過1.6億個令牌。這些解鎖代表了潛在的銷售壓力。 PI Core團隊鼓勵用戶鎖定其令牌以減少循環供應，但長期恢復對實際需求和實用性的取決。

Holding Through the Storm: A Psychological Perspective

貫穿整個風暴：心理觀點

The sentiment “Even if Pi were to fall to $0, I wouldn’t be worried” reflects a psychological shift among crypto holders. For many, the value lies not just in market price, but in the potential and control they have over their assets. This mindset aligns with Web3's ethos of sovereignty and decentralization.

情緒“即使PI跌至0美元，我也不會擔心”，這反映了加密貨幣持有人之間的心理轉變。對於許多人來說，價值不僅在於市場價格，還在於它們對資產的潛力和控制。這種心態與Web3的主權和權力下放的精神一致。

Bitcoin's Turbulence and Macro Headwinds

比特幣的湍流和宏觀逆風

Recent market turbulence, partly triggered by renewed trade war fears, has also impacted Bitcoin and the broader crypto sector. Bitcoin's price fluctuations underscore its increasing correlation with traditional risk assets during geopolitical uncertainty. Investors are closely watching key technical levels and potential market corrections.

最近的市場動盪部分是由新的貿易戰恐懼引起的，也影響了比特幣和更廣泛的加密貨幣部門。比特幣的價格波動強調了其在地緣政治不確定性期間與傳統風險資產的增加相關性。投資者正在密切關注關鍵的技術水平和潛在的市場更正。

Conclusion: A Project at a Crossroads

結論：十字路口的一個項目

Pi Network stands at a pivotal moment. Its large user base, decentralized wallet system, and growing ecosystem are counterbalanced by market challenges. Whether it can overcome these hurdles depends on its ability to deliver real-world applications, secure strategic partnerships, and maintain transparency.

PI網絡處於關鍵時刻。它的大型用戶群，分散的錢包系統和不斷增長的生態系統與市場挑戰相抵消。它是否可以克服這些障礙取決於其提供現實世界應用，確保戰略合作夥伴關係並保持透明度的能力。

So, what's the takeaway? Pi Network is like that quirky friend who's always got a plan, even when things look dicey. Whether that plan pays off remains to be seen, but you gotta admire the hustle. As the crypto world keeps spinning, Pi Network's journey is a reminder that belief, community, and a little bit of 'hold-on-tight' attitude can go a long way. Who knows, maybe we'll all be using Picoin to buy our morning coffee someday. Until then, keep mining, Pioneers!

那麼，收穫是什麼？ PI網絡就像那個古怪的朋友，即使看起來很有趣，他總是有一個計劃。該計劃是否有差旅還有待觀察，但您必須欣賞喧囂。隨著加密貨幣世界的不斷旋轉，PI Network的旅程提醒人們，信念，社區和一點“緊密聯繫”的態度可能會有很長的路要走。誰知道，也許我們所有人都有一天會用picoin購買早晨的咖啡。在此之前，繼續開採，開拓者！