Pi Network recently celebrated a milestone with its first PiFest in the Open Network, showcasing impressive participation numbers. However, despite the event’s success, the value of Pi Coin (PI) continues to plummet, sparking concerns among its community of Pioneers. PiFest Fails to Bolster Pi Coin’s Value Pi Network’s team announced the results of its first PiFest, a community-driven event designed to integrate PI into local commerce. According to the post, over 125,000 registered and 58,000 active sellers participated in the event
source: https://beincrypto.com/pifest-pi-coin-value-decline/