The Pi network has experienced a significant price drop of 21% in a single day following the Consensus 2025 conference. This event, showcasing promises of decentralization and blockchain applications in DeFi, health, and education, failed to deliver concrete timelines for the mainnet launch. Disappointment from investors and community members is growing as the project grapples with unclear roadmaps, delayed launch dates, and a lack of Binance listing despite overwhelming community support. The recent decline has fueled fears about Pi’s future, prompting comparisons to other once-promising cryptocurrencies that experienced similar downfall and ultimately disappeared. Experts like Dr. Altcoin suggest forming a robust VC team, fostering developer activity, and launching impactful decentralized applications within the next 6-12 months as a potential solution. However, many question if it’s too late for Pi to regain its lost footing and overcome these challenges.