Here’s How Pi Network Pioneers Can Support the Ecosystem During PI’s Slump
The Core Team behind the common but controversial venture simply revealed a brand new replace on the state of the Pi Launchpad testing interval, together with the brand-new take a look at token, SLICE.
In the meantime, the underlying asset’s troubles have intensified, with the asset near breaking beneath $0.13 as soon as once more.
Pioneers Help and Can Help Further
CryptoPotato reported final week that Pi Network’s staff had up to date the participation and stream mannequin for the Pi launchpad, opening the door for all customers (Pioneers) to take part in testing the second such token, referred to as SLICE.
Those who wished to take benefit wanted to open the Pi Launchpad in the Pi Browser, assessment the new take a look at token and venture, select a dedication quantity in Test-Pi, affirm the participation, and have interaction with the Slice of Pi App and supply suggestions. The initiative will run for 10 extra days, till Pi2Day (June 28).
The new replace on the matter knowledgeable that the first such testing token supplied “helpful knowledge and highlighted areas the place the Launchpad expertise wanted enchancment,” therefore Pioneers’ assist. The up to date participation stream has turn into “less complicated and clearer” in consequence. The staff mentioned participation is now “centered round the dedication quantity, which has the direct impact on token acquisition.”
Users can select how a lot Test-Pi they should commit, and the Launchpad routinely calculates the associated ‘fair-access maintain.’ Then, the Pioneer is proven the dedication quantity, maintain quantity, and the complete earlier than affirmation.
“The objective is to make it simpler to grasp and use the Pi Launchpad, and protect the meant fair-access impact of the maintain,” said the staff.
PI Price Slides Again
The non-testing token of the Pi Network ecosystem has had its justifiable share of failures these days. Its value tumbled beneath $0.12 on June 6, marking a brand new all-time low. Thus, it had plunged by 96% since its all-time high marked in February 2025.
Its restoration was swift at first, pushing the asset towards $0.14 as the broader market sentiment improved. However, the FOMC assembly and the subsequent press convention yesterday introduced extra uncertainty, with BTC sliding beneath $64,000 and lots of altcoins, together with PI, following swimsuit.
PI has dropped towards $0.13 as of now, down by greater than 3% on a 24-hour scale. It stays exterior the prime 50 alts by market cap as its personal is at $1.420 billion.
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