Pi Network Anniversary Post Sparks Backlash Over Token Decline and Lack of Migration

The Pi Network, a decentralized cryptocurrency project, celebrated its first anniversary with a post from its core team. However, the celebration was short-lived as users began to question the project's progress and raise concerns about the network's token.

The team highlighted the development period before the launch, which allowed for the creation of real apps and utilities for users. They emphasized the goal of making Pi accessible to anyone without technical or financial barriers, enabling wide distribution and inclusivity.

However, users were not convinced by the post's claims. Some pointed out that the token has been in decline since its launch a year ago, with a 94.5% drop in value. Others expressed frustration with the lack of migration progress, some even mentioning they have been waiting for five or six years.