The price of Pi Network’s $PI coin has dipped below $0.7 for the first time in over a month, prompting concerns among millions of dedicated users (Pioneers). This drop, however, follows a promising start following the launch of the Open Network, and the PiCoreTeam, focused on long-term goals rather than short-term market fluctuations, remains confident in its vision. 24 hours after hitting $4500, the price has dropped 8%. While this dip raises concerns, the PiCoreTeam is committed to expanding Pi’s ecosystem and building real-world utility for its users. The team continues to focus on increasing adoption through initiatives such as PiFest, the .pi Domains Auction, and improved security measures like email-based two-factor authentication. Despite the recent price drop, the PiNetwork remains optimistic that long-term progress will outweigh short-term fluctuations. 2025 has seen a surge in Pioneers engaging with Pi through activities like PiFest and the launch of .pi domains, signaling an expansion into real-world applications and a focus on community engagement. While some Pioneers see the price drop as a betrayal of promises made during initial mining, others remain optimistic about the project’s long-term potential.