币界网报道：The price of Pi Network's native token, Pi Coin, experienced a significant drop during the annual Pi2Day celebrations, falling over 5% to $39.50. This decline comes despite the event's aim to boost engagement and adoption within the Pi Network community. Market analysts attribute the price drop to profit-taking by early investors and ongoing concerns about the project's delayed open mainnet launch, which has been postponed multiple times since its initial announcement. The Pi Network team emphasized progress in ecosystem development, highlighting over 50 decentralized applications (dApps) now running on its testnet. However, skepticism remains regarding the project's long-term viability, as Pi Coin is still not tradable on major centralized exchanges. The network's unique mobile mining approach, which has attracted over 47 million users, continues to face scrutiny over its tokenomics and utility. While Pi2Day featured community events and developer showcases, the price reaction underscores the challenges of maintaining momentum for projects in the pre-mainnet phase. The Pi Core Team maintains that its focus remains on building infrastructure rather than short-term price movements.