Why is PI army very emotional? The co -founder explains the PI network

TL; D

• Nicholas Cocalis, co -founder of the famous and controversial project, spoke at the 2025 consensus conference in Toronto on topics ranging from Blockchain’s dependence to decentralization to artificial intelligence, and yes, the growing popular Pi and the voice community.
• However, the original symbol appears to have fallen victim to another “buying rumors, selling news” after the new prices have decreased.

Why is it very popular?

Despite its controversial history, which included years of delaying the actual network launch and the distinctive code, the PI has grown to be one of the most popular project projects and speaking in the coded currency space. After all, it was in existence, in a form, for about half a decade.

During the last appearance of the 2025 consensus conference in Toronto, Cocalis was asked about this increasing popularity, where it stems, and if society is vocal on PI or decentralization in general.

The co -founder of the project, who is also the head of technology, Secure The main reason behind this popularity is the concept of value capture.

“In the future, where more and more work is carried out by agents and Amnesty International, it is important to ensure that the value is not captured only by a few individuals or a few companies. It can be captured by a large number of people. This is where it can come [in]To play.

He added that the popularity of the PI network can continue to rise if all projects in its ecosystem are working to capture value for more people.

Pi difficult dumps

A little more than a week ago, the price of PI began to climb strongly and rose from $ 0.6 to $ 1.7 in days. This tremendous ascension occurred after the team behind the project gave a large advertisement coming on May 14.

Once it was revealed, which turned out to be a $ 100 million fund for the investment of the ecosystem, PI began to diving. Earlier in the day, less than $ 0.7 decreased after another daily decrease. As such, it may erase almost all the gains that were registered from the gathering that is moved by noise, making it another event “selling news”.