Pi Network Ignites Frenzy: Revolutionary Cryptocurrency Reboot Amidst Turbulent Uproar

Pi Network (PI) News Today: April 5

The Pi Network ecosystem is making headlines once again as controversy surrounds the project. A former proponent has turned critic, claiming that the Pi Network is a “slow rug” after weeks of bullish predictions for the token’s price.

The critic, known as Moon Jeff, has been vocal about his concerns with the project. He recently pointed out that the team failed to deliver on their promises ahead of the Mainnet launch, stating that only a few of the promised 100 decentralized apps (Dapps) have actually gone live. This comes after the token’s price plummeted by over 80% since its February all-time high.

Despite this downturn, Pi Network has now seen a substantial price surge, gaining over 75% in just hours. The token has even surpassed Bitcoin, Solana, Ripple, and Ethereum to become one of the most trending cryptocurrencies on CoinGecko.

The sudden upswing has led Moon Jeff to once again make some bold predictions for the project’s future. He believes that if investors continue withdrawing their assets from exchanges and new PI is unlocked daily, the token could potentially reach $5.

In other news, PiNetwork has partnered with PiPhrase, a Web3 project dedicated to protecting Pioneers whose Pi Wallet Keys have been exposed.

Source: https://cryptopotato.com/pi-network-pi-news-today-april-5/