🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
Is Pi Coin Stuck? 3 Major Reasons Why the Price Doesn't Change
Pi Coin has been disappointing and this has caused many users to doubt its future. This once-promising currency has now left many people confused about what to do with it. According to this perspective, a leading analyst posted on X to explain some reasons why she feels this cryptocurrency is not increasing in value. Zoe, who has over 80,000 followers, shared her thoughts on what is really holding back Pi Network. According to Zoe, the price of Pi Network has not increased for several obvious reasons. From a lack of applications to poor communication from the team, she believes these are all issues that can be addressed. Below is her analysis of the points and their implications for the price of the Pi coin in the future.
Pi Network Still Does Not Have Any Real dApp After Mainnet Launch Zoe pointed out that it's been more than 100 days since Pi Network launched mainnet, but there are still no powerful or useful (dApp) decentralized applications on the platform. That's a big problem for any blockchain project. dApps are how people actually use the network. Whether it's games, financial instruments, or markets, these apps engage users, create value, and drive transactions. Without dApps, there will be nothing to keep users on this platform. Developers have very few reasons to build, and investors are hesitant due to the lack of activity. Pi Network cannot grow if the network does not show real usage levels. The lack of that functionality is one of the main reasons why the price of Pi is stuck. Too Focused on Price Instead of Use Case Zoe also believes that the Pi community is too focused on the price. Many users only care about when the price of Pi will increase, rather than being concerned about what makes the project valuable in the long term. That mindset can harm the development of the project. If we only focus on profit, nothing new will be built. Instead of just asking when the price will go up, the community should start asking how Pi can become more useful. That means supporting developers, building partnerships, and encouraging tools that people actually want to use. When there is real utility, the price of Pi Network can increase in a more sustainable way. Group Not Interacting Enough With The Community Another issue that Zoe raised is that the team lacks presence on social media. She thinks that the Pi team should be much more proactive with both users and developers. When a project communicates well, people feel connected, informed, and excited. But when there is silence, confidence gradually fades and users start to lose interest. If Pi Network wants to succeed, the team needs to stand out more. They should engage with the community, post regular updates, run live chats or AMAs, and explain what is happening behind the scenes. Reaching out to developers is also key, so the network doesn't become stagnant. According to Zoe, better interaction will help bring the energy back to the Pi ecosystem. A Fixable Future for Pi Although Zoe raised these issues, she also made it clear that she still believes in Pi. She ended her post with the phrase "let's hope for a bright future," indicating that she has not given up yet. The issues she mentioned are serious, but they are not permanent. If the team can launch real applications, redirect the community's focus, and improve their engagement, the price of Pi coin may eventually start to reflect the project's initial promise.