The PI Network has decreased more than 65 % in less than 24 hours after its long -awaited main launch. The introduction of the code to the markets came with lower values of IOU price predictions at more than $ 60, and after a short period of launch, it decreased to less than the 1 dollar sign after the holders began to occupy the exit positions.
Pi Network has officially launched Mainnet open on Thursday morning, allowing users to trade PI on the central stock exchanges for the first time.
The distinctive code first appeared on platforms like OKX, Gate.IO, Bitget and Pionex, reaching a peak of $ 2.1 before Noseediving. The hours of trading the Asian market witnessed early Friday that the distinctive symbol is accelerating to $ 0.6, which is its low value at all, for every coinecko Data.
Have PI began to make profits?
Investors talk about the huge sale on social media platforms. Some X encryption traders have doubts about the huge maximum pi 100 billion. One of the traders said that the PI network did not introduce your customer permissions (KYC) to users who have more PI. This has made it difficult for them to transport metal currencies to Mainnet.
“The PI will never recover because of its total supply of 100 billion PITraded books. The team appears to have been thrown at the retail investors using noise.“
In response to the rejectionists, Pi Coin Supporters These allegations were struck, with a successful detection of one verification and the transfer of more than 2000 code.
Another observer in the market chanted liquidity fears, Claim The total market value of the symbol has suffered an amazing loss of $ 100 billion since its launch.
“70 % decrease from ATH, 100 billion dollars+ erasing FDV, by 10 % of ATLThe merchant is calculated. “Retail investors lost billions“
Solana Memecoin Launcad Activity Colds
Meanwhile, Solana’s Pump.fun, a Blockchain leading LauncchaPad company, has witnessed a significant decrease in the launch of the distinctive symbol and new revenues in recent weeks.
According to Solscan data, the number of daily code launch operations on Solaa decreased to the slightest daily launch of 27,820 last Wednesday, approximately 70 % of the decline from 2025 from 95,578, seen on January 26.
On the same day, Pump.fun, responsible for more than half of all Solana Tokeen launch operations, recorded only 35152 new symbols, its weakest performance since December 2024. DashboardRevenue also decreased to $ 1.69 million, which is the lowest since early November.
January was among the most active Pump.fun, supported by political figures such as US President Donald Trump and his wife, Melania, by release symbols before the previous assuming his presidential duties.
As of the time of this post, more than 7.8 million icons were launched, with more than 13.578 million titles. Data from the Solana -based artificial stock (AI), Boltrade.ai, revealed that 82 % of Pump.fun has been destroyed since Christmas day.
1/ https://t.co/fcpcwredjz It is a farm for the informed and the Dave carpet
10-20K distinctive symbols daily, all free-upward up? Nah. Most of them died in hours.
Only 2-5 pumps have been launched in the past few days above a million dollars
Last week, the POMPFUN graduation rate decreased to 0.87 % (… pic.twitter.com/gaifxmynzp
– Boltrade (poltrade_ai) February 21, 2025
The Stock Exchange explains that most of the distinguished symbol developers have launched metal currencies to use investors as an exit qualities, which is why less than 10 symbolic trading volumes managed to stay over a million dollars for more than 3 days to a week.
Argentine President Javier Millie is also “Blame” to calm the launch of Memecoin after he promoted a meteion called the scale (Libra) on February 14 through his official account X.
A few hours later, the Argentine leader canceled his feelings on the microbe and deleted the position. But not before distinguished creators face allegations of internal trade that helped alleged developers to start a $ 251 million rug within hours. According to Blockchain Analytics Nansen, more than 80 % of scale dealers are exposed to losses of at least $ 1500.
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