Pi coin is facing a steep price decline, nearing its all-time low value. This comes after the Pi Network held its inaugural PiFest, which saw record participation but sparked community backlash against lack of transparency and leadership changes. Core team members now face pressure to address these concerns as the future of Pi Coin remains uncertain. 126 million Pi coins are set to be unlocked this month following a successful PiFest, which highlighted its growing global commerce reach with over 125,000 sellers registering for the event. However, users have voiced frustration with communication from the team, calling for new leadership and transparent development updates.