随着市场等待承诺的生态系统的交付，PI硬币下降了6％

PI硬币目前下跌超过6％，交易价格为0.74美元。在共识事件发生之前的几天，PI网络看到了投机性集会

Pi Coin has plummeted by more than 6% in recent trading, with the token now changing hands at $0.74.

Pi Coin在最近的交易中跌幅超过6％，现在的代币现在以0.74美元的价格易手。

The Network saw a speculative rally in the days leading up to the Consensus event, with the token price surging more than 150% to $1.50 amid rumors of a major ecosystem announcement scheduled for May 14.

该网络在共识事件发生之前的几天内看到了投机性集会，而代币的价格上涨了150％以上，至1.50美元，这是关于5月14日的主要生态系统公告的谣言。

However, when no big update was delivered, the token’s value quickly reversed course. As of press time, Pi has dropped more than 70% from its peak. Daily trading volume also declined by over 44%, suggesting reduced buying interest. Analysts say that without a major catalyst, Pi could return to its historical low of $0.40.

但是，当没有进行重大更新时，代币的价值很快就会倒转。截至发稿时，PI从其峰值下降了70％以上。每日交易量也下降了44％以上，这表明购买息降低。分析人士说，如果没有主要的催化剂，PI可以返回其历史低点0.40美元。

Adding to investor frustration was the announcement of Pi Network Ventures, a $100 million investment initiative aimed at funding decentralized applications and ecosystem projects. While this was initially viewed as a positive step, community confidence waned when the Pi Core Team stated that the fund could be paused or canceled at any time.

宣布PI Network Ventures，这是一项旨在资助分散申请和生态系统项目的1亿美元投资计划。尽管最初将其视为积极的一步，但当PI Core团队表示可以随时暂停或取消基金时，社区信心逐渐减弱。

Transparency and Accountability Needed

需要的透明度和问责制

According to Dr. Altcoin, a crypto analyst, the issue lies in unclear communication and repeated delays by the Pi Core Team.

根据加密分析师Altcoin博士的说法，该问题在于不清楚的沟通，并重复了PI Core团队的延误。

“The promise of 100 DApps was not just a bonus—it was essential,” Dr. Altcoin said. “Without real utility, Pi risks becoming just another overhyped token.”

Altcoin博士说：“ 100个DAPP的承诺不仅是一个奖励，而且是必不可少的。” “没有真正的效用，PI可能会成为另一个被夸大的令牌。”

He highlighted the difference between speculative “memecoins” and functional ecosystems, urging the Pi team to shift from promotion to performance. The analyst estimates it may take another 2.5 to 5 years for Pi Network to fully deliver on its ecosystem goals.

他强调了投机性的“模因”和功能生态系统之间的区别，敦促PI团队从促销转移到绩效。分析师估计，PI网络可能需要另外2.5到5年才能完全实现其生态系统目标。

While he remains optimistic about the project’s long-term success, Dr. Altcoin stresses that it won’t happen on the original timeline the community expected.

尽管他对该项目的长期成功保持乐观，但Altcoin博士强调，这不会在社区预期的原始时间表上发生。