<ul data-eligibleForWebStory="true"><li>Pi coin price dropped 60% after weak response to .pi domain update.</li><li>Users express concerns over security and stalled ecosystem growth.</li><li>Pi Network faces uncertainty over domain auction impact on token price.</li><li>Pi token, once at $1.50, now hovers around $0.60, causing speculation.</li><li>Critics cite platform issues like KYC delays and limited business adoption.</li><li>Pi Network lacks new listings, app integrations, and smart contract functionalities.</li><li>Low conversion of .pi domains into actual utility raises skepticism.</li><li>CEX inflows suggest potential coordinated sell-off, adding bearish pressure.</li><li>Around 11 million PI tokens being unlocked daily, raising fears of oversupply.</li><li>Security concerns arise after reports of leaked Pi account passwords.</li></ul>

Pi coin price prediction amid Pi Network domain update concerns

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