The price of the PI network to less than one dollar – can the pidaoswap stop the decrease?

The PI network passes a difficult time as the cryptocurrency, PI, has witnessed a significant decrease in prices. It recently decreased to less than one dollar, as it reached a decrease of up to $ 0.87 before it was slightly bounced to $ 0.9913. Over the past week, PI lost about 41 % of its value, making investors concern that the price may decrease more, perhaps less than $ 0.60. This has made a lot of uncertainty in the nervous community.

However, to respond to this declining trend, PIOS supporters are working on a new project called pidaoswap. This will be a decentralized exchange (Dex), which means a platform that people can trade without relying on external exchanges that may address their price.

PIDAOSWAP: Dex to meet price treatment

In response to the claims of price manipulation through external exchanges, the PI community is building pidaoswapDexy Stock Exchange (DeX) to ensure that the value of PI reflects the real demand in the market. According to reports, the platform is in its final stages of development and waiting for your work (KYB) approval from the Pi Core team.

However, Pidaoswap has already got the organizational verification of Twitter, indicating its progress. The Pi Network Vietnames is claiming that DeX will prevent external exchanges from treating the PI price. Reports also indicate that some platforms use robots to artificially change PI.

Meanwhile, PI supporters are frustrated because Binance did not include the distinctive symbol despite increased community pressure.

PIOSWAP brand

While Pidaoswap is gaining strength, concerns about the intellectual property policies of the PI (IP) have emerged. Official documents prohibit the use of a “relevant” brand without approval from the basic team. The Pidaoswap team raised questions about whether their project name and field need adjustments to comply with these restrictions before launching them.

Will the PI network continue?

Since Pi is struggling with low prices and price manipulations, industry experts have expressed their concerns about the project’s sustainability. Justin Bones, Cybercapital founder, criticized PI mining and features symbol, Claim The project is very central and its main functions remain closed behind checking KYC. He went beyond describing me as a “investment fraud.”

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However, not all opinions are negative. The encryption analyst Dr. Altokin defended the PI network, male After years of participating with the project, he found no evidence indicating that it is a fraud.

With the increasing scrutiny and instability in prices and organizational challenges, the PI has a decisive test. Whether pidaoswap can successful price processing and restore investor confidence still must be seen.

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