Pi Network Price Today June 18, 2025: Latest Update Causes Backlash

Pi Network Price Today June 18, 2025

Pi price on OKX exchange on June 18, 2025 is fluctuating around the price from 0.5543 USD to 0.6007 USD (equivalent to 14,460 VND to 15,660 VND). Thus, at the time of writing, Pi price on OKX exchange decreased by 6.6% compared to yesterday, reaching 14,610 VND

Many Pi Network users are growing impatient and demanding more substantive updates from the project. The fact that many people have yet to complete the Know Your Customer (KYC) process, while only six businesses have completed KYB (Know Your Business), is causing frustration.

The $100 million Pi Network Ventures fund announced last month has yet to see any concrete investment moves. On social media, one user expressed frustration: “Great, but when will the KYC issues be resolved and the real tools be provided?”

Pressure is mounting on the development team, with more than 248 million Pi tokens expected to be unlocked next month, raising concerns of a wave of mass selling.

Without concrete steps like listing on an exchange, developing tools for the ecosystem, or speeding up KYC verification, the project risks losing the trust of the very community that supported it.

In that context, the launch of the update related to the .pi domain name is considered insufficient and too late.

Pi Network Price Today June 18, 2025: Latest Update Causes Backlash

Pi Network's Latest Update Sparks Criticism From Users

Pi Network's latest update regarding the ".pi" domain auction is facing criticism from the user community. Although the Pi Core development team has just launched a new application that supports bid tracking and email alerts, many believe that this is a small step and does not bring the expected value, especially when Pi2Day 2025 is approaching.

The Pi Network pioneer community had hoped for a groundbreaking announcement that would boost the real value of the Pi token. However, instead of creating excitement, this update has disappointed many because it does not meet the actual needs of users.

The lack of breakthrough updates has also reduced confidence in the future of Pi Network. Some opinions expressed concerns that the value of Pi tokens will continue to plummet if the project does not have clearer moves in the near future.

Since the auction began three months ago, about 3 million Pi tokens, worth $1.8 million, have been used to buy domain names. However, this is still a small amount compared to the daily Pi transaction volume, which is currently over $100 million.

Pi is currently trading around $0.60, down 35% in just one week and 60% in value over the past month. This shows that the new update has not created a clear growth momentum for the project.

Source: https://baonghean.vn/gia-pi-network-hom-nay-18-6-2025-ban-cap-nhat-moi-nhat-gay-phan-ung-du-doi-10299841.html