Crypto expert Kim H Wong believes trading in Pi is disappointing as pioneers keep selling and buy orders are small ( highest 1K Pi, on average a few hundred Pi). No big capital is insight. However, this can also be look at as positive, as sellers exhausted, and buyers jump in, price should go back up again.

The Pi network launch is here as PI Coin plunged nearly 100% within minutes of the highly-anticipated event. Can it recover?

The ability to mine the coin on a phone without draining the battery or processing power has been a low-barrier entry for the coin to attract millions of users worldwide.