After shouting about ecosystem implementation for three years, even the supporters have left, and the narrative of $PI is indeed exhausted.

CryptoWorld reports that Pi Network has once again sparked concerns about adoption, token supply, and transparency. A supporter said that excitement for Pi Coin has cooled, and believes that simply upgrading development will not be enough to drive the price. He argued that major partnerships with companies such as Amazon and Uber are needed so it can be used for real transactions, and he even said, “$PI is over, all the hype is gone.” In addition, regarding tokenomics and the future supply: about 4.5 billion coins are circulating, the maximum supply is 100 billion, and the circulating portion is very small. This week, Pi币 fell by nearly 10%, breaking below the $0.13 support level; although it rebounded from a low of $0.118, recovery has been lackluster.