在备受期待的生态系统新闻事件适得其反之后，PI Network的价格下跌。

最初，星期一，Pi Coin飙升至1.6640美元，后来跌至0.7236美元的低点，删除了数十亿美元的价值。

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）的价格在本周备受期待的生态系统新闻事件适得其反，并于周五继续下跌。

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，星期一的硬币飙升至1.6640美元，净化了数十亿美元的价值。后来，它在周五跌至0.7236美元的低点，持续下降。专家强调了一个关键缺陷，使持有人面临风险。

Expert Warns on Pi Coin

专家警告PI硬币

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.

一位受欢迎的加密分析师拥有近90,000名关注者，并以剖析风险的硬币和骗局而闻名，他对PI网络表示关注。在X帖子中，他指出了硬币的一个主要问题。

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.

据他介绍，该网络的供应量最大为1000亿个令牌，循环供应量为71亿硬币。这意味着晦涩的PI基金会仍然控制着超过925亿个锁定令牌，这些令牌分布在几个钱包上。这些令牌可能用于资助运营和支付薪水。

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.

根据此页面，PI Network的创始人共有74亿个令牌，而团队则持有另外84亿个硬币。这解释了为什么网络一直在努力吸引合作伙伴，而主要的交流拒绝列出。

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.

这种安排带来了几种风险。首先，有可能被黑客入侵的风险，或者团队中的流氓成员可以决定翻转，使整个项目崩溃。正如我们本周在Coinbase Hack上看到的那样，没有公司或项目不受此类恶意活动的影响。

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，过去一些受欢迎的集中代币崩溃了。最近，Mantra Price崩溃了，一些专家将其归咎于该团队的令牌垃圾场。

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，分析师还警告说，PI网络是高度集中的，这解释了为什么顶级交易所拒绝列出它以及为什么它努力与主要品牌建立合作伙伴关系。

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.

这种集中化使PI基金会的力量过多，因为它控制了一切，但对此并不了解。值得注意的是，尽管Pi Coin的市值超过720亿美元，但该基金会尚未受到审核。

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，分析师警告说，PI网络不使用像比特币这样的采矿。取而代之的是，所有代币都是预先刻板的，其分布是由晦涩的PI基金会控制的。

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网络面临其他重大风险，例如缺乏功能良好的生态系统和定期稀释。今年，预计将有14亿个令牌上线。

Pi Network Price Technical Analysis

PI网络价格技术分析

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.

八个小时的图表表明，PI网络的价格持续了强劲的下降趋势，现在已经处于5月10日以来的最低水平。它已跌至50个周期的移动平均水平以下，而PPO指标已成为看跌的交叉。相对强度指数（RSI）指向下方，并以低于50的速度行驶。

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，对Pi硬币价格的阻力最小的路径是看跌。要观看的下一个级别是心理点，为0.50美元。