Analysts warn Pi Network over transparency after OM Token’s 5.5 billion USD collapse

After the OM token’s catastrophic failure, analysts are urging the Pi Core Team to enhance transparency and adopt caution as Pi Network moves towards its Open Mainnet. This follows OM’s price decrease of over 90%, leading to significant market capitalization losses.

Despite the warnings, some community members remain optimistic about Pi Network’s potential, highlighting its growing ecosystem and innovative infrastructure. However, concerns regarding market manipulation and centralized risks persist, leading to calls for users to withdraw coins to mitigate price instability.