在備受期待的生態系統新聞事件適得其反之後，PI Network的價格下跌。

最初，星期一，Pi Coin飆升至1.6640美元，後來跌至0.7236美元的低點，刪除了數十億美元的價值。

The price of Pi Network (PI) plunged this week after a highly anticipated ecosystem news event backfired, continuing its fall on Friday.

PI Network（PI）的價格在本周備受期待的生態系統新聞事件適得其反，並於週五繼續下跌。

Initially, Monday saw the coin soar to $1.6640, erasing billions of dollars in value. It later crashed to a low of $0.7236 on Friday, continuing its decline. This downfall occurred as an expert highlighted a critical flaw that exposes holders to risk.

最初，星期一的硬幣飆升至1.6640美元，淨化了數十億美元的價值。後來，它在周五跌至0.7236美元的低點，持續下降。專家強調了一個關鍵缺陷，使持有人面臨風險。

Expert Warns on Pi Coin

專家警告PI硬幣

A popular crypto analyst, who boasts nearly 90,000 followers and is known for dissecting risky coins and scams, expressed his concerns about Pi Network. In an X post, he pointed out a major problem with the coin.

一位受歡迎的加密分析師擁有近90,000名關注者，並以剖析風險的硬幣和騙局而聞名，他對PI網絡表示關注。在X帖子中，他指出了硬幣的一個主要問題。

According to him, the network has a maximum supply of 100 billion tokens and a circulating supply of 7.1 billion coins. This means that the obscure Pi Foundation still controls over 92.5 billion locked tokens, which are distributed across several wallets. These tokens are likely used to fund operations and pay salaries.

據他介紹，該網絡的供應量最大為1000億個令牌，循環供應量為71億硬幣。這意味著晦澀的PI基金會仍然控制著超過925億個鎖定令牌，這些令牌分佈在幾個錢包上。這些令牌可能用於資助運營和支付薪水。

According to this page, the founders of Pi Network have a total of 7.4 billion tokens, while the team holds another 8.4 billion coins. This explains why the network has struggled to attract partners and major exchanges have refused to list it.

根據此頁面，PI Network的創始人共有74億個令牌，而團隊則持有另外84億個硬幣。這解釋了為什麼網絡一直在努力吸引合作夥伴，而主要的交流拒絕列出。

This arrangement poses several risks. Firstly, there is a risk that the network may be hacked or a rogue member of the team could decide to flip, collapsing the whole project. As we saw this week with the Coinbase hack, no company or project is safe from such malicious activities.

這種安排帶來了幾種風險。首先，有可能被黑客入侵的風險，或者團隊中的流氓成員可以決定翻轉，使整個項目崩潰。正如我們本週在Coinbase Hack上看到的那樣，沒有公司或項目不受此類惡意活動的影響。

Also, some popular centralized tokens have crashed in the past. Most recently, Mantra price crashed, with some experts blaming it on token dumps by the team.

此外，過去一些受歡迎的集中代幣崩潰了。最近，Mantra Price崩潰了，一些專家將其歸咎於該團隊的令牌垃圾場。

Secondly, the analyst also warned that Pi Network was highly centralized, which explains why top-tier exchanges have refused to list it and why it has struggled to gain partnerships with major brands.

其次，分析師還警告說，PI網絡是高度集中的，這解釋了為什麼頂級交易所拒絕列出它以及為什麼它努力與主要品牌建立合作夥伴關係。

This centralization has given the Pi Foundation too much power, as it controls everything, yet not much is known about it. Notably, the foundation has not been audited, despite Pi Coin having a fully diluted market cap of over $72 billion.

這種集中化使PI基金會的力量過多，因為它控制了一切，但對此並不了解。值得注意的是，儘管Pi Coin的市值超過720億美元，但該基金會尚未受到審核。

Thirdly, the analyst warned that Pi Network does not use mining like Bitcoin. Instead, all tokens are pre-minted, with the distributions to pioneers being controlled by the obscure Pi Foundation.

第三，分析師警告說，PI網絡不使用像比特幣這樣的採礦。取而代之的是，所有代幣都是預先刻板的，其分佈是由晦澀的PI基金會控制的。

Pi Network faces other significant risks, such as the absence of a well-functioning ecosystem and regular dilution. This year, an additional 1.4 billion tokens are expected to come online.

PI網絡面臨其他重大風險，例如缺乏功能良好的生態系統和定期稀釋。今年，預計將有14億個令牌上線。

Pi Network Price Technical Analysis

PI網絡價格技術分析

The eight-hour chart indicates that Pi Network’s price continues its strong downtrend and is now at its lowest level since May 10. It has plunged below the 50-period moving average, while the PPO indicator has made a bearish crossover. The Relative Strength Index (RSI) has pointed downwards and moved below 50.

八個小時的圖表表明，PI網絡的價格持續了強勁的下降趨勢，現在已經處於5月10日以來的最低水平。它已跌至50個週期的移動平均水平以下，而PPO指標已成為看跌的交叉。相對強度指數（RSI）指向下方，並以低於50的速度行駛。

Therefore, the path of least resistance for Pi Coin’s price is bearish. The next level to watch is the psychological point at $0.50.

因此，對Pi硬幣價格的阻力最小的路徑是看跌。要觀看的下一個級別是心理點，為0.50美元。