- Despite the recent price slump, Pi Network developer John Lang remains optimistic, citing ongoing behind-the-scenes work by the PiCoreTeam.
- He urges holders to stay patient and avoid selling Pi Coins cheaply, believing long-term growth is still ahead.
As Pi Coin continues its downward spiral—plunging nearly 13% and inching closer to $0.30—many investors are beginning to lose hope. But for one veteran in the Pi Network community, this dip isn’t a death sentence—it’s a buying opportunity.
John Lang, a longtime Pi Network node runner and respected programmer within the ecosystem, is doubling down on his optimism. Amid mounting criticisms aimed at the PiCoreTeam (PCT) and frustrations over delayed KYB approvals and sluggish progress, Lang is calling for calm—and patience.
“Guys, be patient with the PiCoreTeam. They keep working, building meticulously behind the scenes,” Lang wrote in a recent post on X. “Their task is not easy and there are so much things to do.”
Lang believes the PCT is actively laying the groundwork for future growth, pointing to the team’s recent release of technical conditions for developers building on Pi Network. These include a mobile-first development framework, KYC requirements, and value exchange mechanisms—clear signs of a maturing ecosystem.
Notably, the PiCoreTeam also reported over 200,000 bids in their Pi domain auction initiative, hinting at growing on-chain engagement despite bearish price action.
But it’s not just technical progress fueling Lang’s bullishness. He’s urging investors not to sell their Pi holdings at fire-sale prices, despite market fear. “Just trust the process,” he said. “Whatever the market condition is, never sell your Pi cheap.”
Meanwhile, crypto analyst Dr Altcoin has called for more aggressive action, suggesting the PCT consider burning billions of Pi Coins to stabilize price—a controversial move that underscores the urgency of investor sentiment.
Even as the Pi Coin price trends downward, the community isn’t giving up. Some, like Lang, are leaning into the vision, believing that once the dust settles, the groundwork being laid now will pay dividends in the long run.
In crypto, sentiment often shifts faster than prices. And for now, at least one programmer sees this storm as a sign that something stronger may soon rise from the Pi ashes.
