<ul data-eligibleForWebStory="true"><li>Dr. Kokkalis explains the current low price of Pi Coin is due to the broader global crypto correction affecting all major coins.</li><li>Pi is in the Enclosed Mainnet phase, indicating untapped potential on open markets.</li><li>Despite the price dip, Pi Network experiences real utility-based growth.</li><li>The project has a strong user base of over 50 million committed users.</li><li>Continuous development of genuine applications within the Pi ecosystem.</li><li>Dr. Kokkalis emphasizes the current phase is temporary, not a crash.</li><li>Pi's real market value will be revealed post the Open Mainnet launch and listing on major exchanges.</li><li>A call for resilience is made to Pi community members to focus on long-term potential.</li><li>The article is from Coindoo and provides insights on Pi Coin’s current market situation.</li><li>The piece offers perspective on the foundational work being done within the Pi ecosystem.</li></ul>

Pi Coin: Project Founder Explains the Price Drop

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