Pi Network Founder to Attend Consensus 2025, Will Pi Coin (PI) Revive?
- Pi coin price is trading at $0.6348 with a 1.33% drop in the last 24 hours.
- Pi Network founder Nikolas Kokkails will attend Consensus 2025 in the coming month.
The spark of Pi Network is gradually diminishing, which is reflected directly in its market prices. With the team’s lack of attention towards community concerns, the Pi network is facing criticism from the crypto community. On top of that, large volumes of token unlocks are causing further price declines.
Pi Network Founder and Head of Technology, Nicolas Kokkalis, is about to attend the upcoming Consensus 2025 crypto event. He is confirmed as one of the speakers at the event. Meanwhile, the crypto community believes this is the best opportunity for the promotion and marketing of the project. This is also raising hopes to witness an increase in the Pi coin market price.
The Consensus 2025 crypto conference will take place from May 14-16 in Toronto, Canada this year. Top crypto media platform CoinDesk is organizing this event. Nikolas Kokkalis is going to share the stage with renowed individuals such as Eric Trump, Robert Hines, Charles Hoskinson, Kevin O’Leary, and others at the event.
Dr. Altcoin X’s account on the social channel is one of the most prominent and loyal followers of the Pi coin. In one of his latest posts, he mentioned Consensus 2025 and how it could positively impact the crypto project. He called the event one of the best opportunity so far to promote Pi Network.
Dr. Altcoin also suggested team accelerate network developments before the event for its growth. Approving pending KYB applications and officially deploying dApps on the Pi Network are the two major points the post mentioned. If the team moves forward with these, the network can regain trust in the project, which could result in its growth and development.
Pi Coin Price Plunges Amid Large Volume Token Unlocks
Pi Network scheduled large volumes of token unlocks every day for the next few years. The team unlocked 8.2 million PI tokens today, which could be the reason why its price is decreasing. While the average daily unlock is over 7 million tokens, the highest number of tokens, 11.2 million, will enter its circulation on April 30.
The Pi Coin market price has dropped 2.43% in the last 24 hours. It is continuously going on a downward spiral, triggered by the 8 million token unlock today. Its 24-hour trading volume decreased by 40.89%, while the market cap stands at $4.35 billion. A 2.07% volume-to-market cap ratio reflects the thin liquidity of the token.
Large volumes of token unlocks combined with the team’s lack of interest in approving KYB applications and addressing community concerns are why the token is losing its spark in the market. However, Nikolas Kokkalis’s presence at the Consensus 2025 event might be a pivotal moment for the project.
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Pi Network Founder to Attend Consensus 2025, Will Pi Coin (PI) Revive?
- Pi coin price is trading at $0.6348 with a 1.33% drop in the last 24 hours.
- Pi Network founder Nikolas Kokkails will attend Consensus 2025 in the coming month.
The spark of Pi Network is gradually diminishing, which is reflected directly in its market prices. With the team’s lack of attention towards community concerns, the Pi network is facing criticism from the crypto community. On top of that, large volumes of token unlocks are causing further price declines.
Pi Network Founder and Head of Technology, Nicolas Kokkalis, is about to attend the upcoming Consensus 2025 crypto event. He is confirmed as one of the speakers at the event. Meanwhile, the crypto community believes this is the best opportunity for the promotion and marketing of the project. This is also raising hopes to witness an increase in the Pi coin market price.
The Consensus 2025 crypto conference will take place from May 14-16 in Toronto, Canada this year. Top crypto media platform CoinDesk is organizing this event. Nikolas Kokkalis is going to share the stage with renowed individuals such as Eric Trump, Robert Hines, Charles Hoskinson, Kevin O’Leary, and others at the event.
Dr. Altcoin X’s account on the social channel is one of the most prominent and loyal followers of the Pi coin. In one of his latest posts, he mentioned Consensus 2025 and how it could positively impact the crypto project. He called the event one of the best opportunity so far to promote Pi Network.
Dr. Altcoin also suggested team accelerate network developments before the event for its growth. Approving pending KYB applications and officially deploying dApps on the Pi Network are the two major points the post mentioned. If the team moves forward with these, the network can regain trust in the project, which could result in its growth and development.
Pi Coin Price Plunges Amid Large Volume Token Unlocks
Pi Network scheduled large volumes of token unlocks every day for the next few years. The team unlocked 8.2 million PI tokens today, which could be the reason why its price is decreasing. While the average daily unlock is over 7 million tokens, the highest number of tokens, 11.2 million, will enter its circulation on April 30.
The Pi Coin market price has dropped 2.43% in the last 24 hours. It is continuously going on a downward spiral, triggered by the 8 million token unlock today. Its 24-hour trading volume decreased by 40.89%, while the market cap stands at $4.35 billion. A 2.07% volume-to-market cap ratio reflects the thin liquidity of the token.
Large volumes of token unlocks combined with the team’s lack of interest in approving KYB applications and addressing community concerns are why the token is losing its spark in the market. However, Nikolas Kokkalis’s presence at the Consensus 2025 event might be a pivotal moment for the project.
Highlighted Crypto News Today:
TRUMP Memecoin Faces Volatility Amid $320 Million Token Unlock
Read More
Analysts Outline 3 Reasons Why Pi Coin (PI) Could Be Set for a Price Rally