Pi ecosystem is hot VS coin price is cold: 38 million stakes in Lock-up Position, why is the price still in a big dump of 19%?

Pi App Studio and Ecosystem Challenge: User Participation Enthusiasm is Rising

According to data from the official blog, over 2.6 million Pi ecosystem users (known as Pioneers) participated in the Pi2Day ecosystem challenge, with 761,000 people completing all tasks and winning limited edition username badges and exclusive colors.

"Participation is very active across all regions, showing the community's high level of engagement and strong interest in new features," the team stated.

Pi App Studio: No-Code AI Assistance for Application Development

The Pi team highlighted the Pi App Studio, a "no-code, AI-assisted platform that enables anyone, regardless of technical background, to build and own functional applications within the Pi decentralized ecosystem."

Since its launch, approximately 35,000 community members have participated, creating over 7,600 chatbots and more than 14,000 custom applications. Some newly launched applications include chatbots that provide knowledge about the universe and applications focused on healthy living.

However, the team emphasizes that they do not review, evaluate, or guarantee the applications published in the Pi App Studio, and users must assume the risks of using these applications, so caution is advised.

Pi Ecosystem Directory Staking: Promoting Application Exposure

Another important new feature is Ecosystem Directory Staking (EDS), which allows Pi holders to stake tokens to enhance the ranking of Pi ecosystem applications in the ecosystem interface.

Since its launch less than a month ago, EDS has attracted nearly 38 million Pi tokens staked, with an active staking volume exceeding 25 million, and over 16,700 users participating in the staking.

This staking mechanism provides the community with a new way to promote and support their favorite applications and services.

Price performance remains weak

Although staking can lock up tokens and alleviate selling pressure, the price of Pi tokens has not benefited significantly, dropping 10% over the past week and nearly 19% over the past month, currently priced at about $0.45.

In contrast, other major crypto assets such as Bitcoin (BTC) and XRP have reached historical highs during the same period, performing strongly.

Conclusion The Pi ecosystem continues to promote product innovation and user participation, especially through no-code development tools and staking mechanisms to enhance community vitality. However, price performance has not yet reflected these advancements. Investors should pay attention to the actual development of the ecosystem and market responses, and rationally assess future potential.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
GateUser-4f80579avip
· 2h ago
The project party is just boasting, none of their content is transparent, and they can fabricate the data however they want; for them, it's just a way to buy time.
View OriginalReply0
GateUser-693caee8vip
· 07-19 10:50
Quick, enter a position! 🚗
View OriginalReply0
GateUser-693caee8vip
· 07-19 10:50
Quick, enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)