Pi Network Unveils Major Token Distribution: What Pioneers Need to Know

Pi Network’s crew introduced earlier immediately that it has accomplished the distribution of its second testnet token, referred to as Slice, by means of the Pi Launchpad.

The assertion additionally outlined how customers (generally known as Pioneers) can make the most of and discover its functionalities.

SLICE Distributed

Recall that the initiatives round testnet tokens started on PiDay 2026 (March 14), and almost 480,000 customers took half within the Launchpad testing. According to the crew, they generated “helpful suggestions on the Launchpad mechanism,” which was incorporated into a less complicated participation circulation, up to date mechanics, and an improved person expertise.

To construct on prime of the preliminary progress, Pi Network launched a second testnet token referred to as Slice in June. Testing started on June 12 and remained open till June 28 (Pi2Day). Although it has been virtually a month since then, the crew remained quiet on the SLICE entrance till earlier this morning.

In a submit on X, they announced the profitable distribution of the testnet token and urged customers to discover the “post-launch expertise and see how liquidity swimming pools work by means of the brand new value monitoring function.” They defined that the Launchpad app within the Pi Browser reveals particular person allocation particulars, the launch and efficient token costs, entry to the SLICE liquidity pool, and a chart monitoring modifications within the asset’s value relative to test-Pi (the opposite testnet token).

PI’s Weird Price Moves

The official native token of the mission has been fairly risky currently, principally heading downhill. It plunged to a brand new all-time low of $0.07 a few weeks in the past after it misplaced the coveted $0.10 help. After a number of unsuccessful breakout makes an attempt, it lastly rocketed by 20% each day final Sunday and challenged the identical degree however from the draw back.

However, the resistance now was too robust, and PI failed in its tracks. Another main leg down got here yesterday when it plummeted by over 10% to $0.082 after some warning indicators hinted at an upcoming rejection.

Meanwhile, some customers have complained on-line that they’ve detected unusual exercise of their Pi Wallets, together with lacking tokens and numerous failed transactions to unknown addresses.

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