🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
No Major Updates, Pi Network Faces Risk of "Free Fall" to $0.4?
Pi Coin has just lost over 6% of its value, currently trading around 0.74 USD, after previously soaring 150% to 1.50 USD ahead of the Consensus event. Many investors are hopeful for an important announcement on May 14, but with no notable news, the price of Pi has quickly "turned back". From its most recent peak, Pi has fallen over 70%, while the daily trading volume has also dropped more than 44%, indicating a clear weakening of buying power. The 100 Million USD Fund Raises Doubts Instead of Creating Trust The Pi Network Ventures project worth 100 million USD – aimed at supporting decentralized applications (DApp) – was initially seen as good news. However, community trust has fallen as the development team announced that the fund could be paused or canceled at any time.
This raises doubts among many about the transparency and long-term commitment of Pi Network. Expert Warning: Need to Move from Promises to Action According to expert Dr. Altcoin, the main reason lies in ambiguous communication and repeated delays from the Pi Core Team. He emphasized: "The promise of 100 DApps is not for advertising — it is the core of the ecosystem." If Pi does not create real value, the risk of becoming a "memecoin" is very high. Although he still believes in its long-term potential, he warns that Pi may take another 2.5 to 5 years to truly achieve its goals, much slower than the initial expectations of the community.