Pi Network Updates: Delayed Protocol and PI Price Decline
— CryptoPotato
Pi Network draws attention with delays in the v23 update and price decline.
Pi Network is trading at $0.15 despite delays in updates; the community is curious about the impact of the v23 update.
- Pi Network announced on May 20 that the v23 update is still in progress due to its complex nature.
- The native token dropped significantly from $0.175 to $0.145, currently trading at $0.15, reflecting a notable market cap loss.
- A new update allows users to integrate AI-based apps into the ecosystem, offering opportunities for creators.
Delayed updates may slow the development of the Pi Network ecosystem, creating pressure on the token and uncertainty within the community.