The Pi Network is creating a buzz after founder Nicolas Kokkalis spoke at Consensus 2025. While many people draw parallels with past projects like Solana and Chainlink that saw price jumps post-speech, sentiments among the community remain mixed.
Speeches at Consensus have historically marked significant price jumps for various coins.
Chainlink (LINK) jumped from ~$ to a peak of $ (+285%) within 11 days after the 2019 speech.
Polygon (MATIC) rose from ~$ to a peak of $ (+163%) post-Consensus 2021.
Solana (SOL) climbed from ~$35 to $53 (+51%) after its 2022 address.
"Price adjusted slightly post-speech but then experienced sharp increases."
As Pi Network's position is debated, users on forums express varied opinions:
One remarked, "The rise and fall might have already happened," suggesting the price change might not align with expectations.
Another pointed out, "If Dr. Nicolas Kokkalis had spoken about the plans for Pi, then maybe his participation was part of a group panel," indicating uncertainty about the speech's relevance to Pi's price movements.
Despite the doubt, some people remain optimistic, saying, "Iโm sure something big will happen with Pi before the year ends."
Trading activity indicates a cautious approach among investors. Kokkalisโ announcement has indeed piqued interest, yet lingering skepticism suggests many are hesitant. With the community weighing its options, what direction will the Pi Network take?
๐ Community sentiment remains mixed, with some encouraging optimism amid skepticism.
๐ Kokkalisโ speech may raise questions about its impact on trading activity, depending on perceived announcements.
๐ Users are actively engaged, expressing a blend of hope and doubt regarding Pi Network's future.
In the following weeks, the community's focus will be on assessing the repercussions of this announcement. While Kokkalisโ address has gathered attention, the pivotal question remains: Will the Pi Network follow in the footsteps of earlier successes?
Expectations for gradual increases in trading activity post-Consensus 2025 linger. With the support of developments like potential partnerships or technology advancements, Pi could see an increase in investor confidence. However, the mixed feelings within the community underscore a significant potential for stagnation if the market doesn't respond favorably.
๐ Unique selling point: The speculative nature of the market coupled with actual developments will shape Pi Network's trajectory, making this a critical period for stakeholders.
Drawing connections to historical trends showcases how startup excitement can mirror the hype in today's crypto space. As the community watches Pi's journey, itโs clear that initial enthusiasm must eventually be substantiated with tangible outcomes for long-term success.