Centralization concerns surrounding Pi Network's price and trust levels are hindering its performance in the market.
Experts emphasize the need for urgent fixes in token management and ecosystem expansion to reverse the current bearish trend.
Decentralization is seen as a crucial step to restore confidence in Pi Network, as many feel the project is too centralized, posing risks of security breaches and price manipulation.
Token management issues, such as consistent unlocking of coins and the lack of a robust ecosystem, contribute to the downward trend in Pi Network's price, highlighting the need for strategic improvements.