Pi Network Token Stands Pat as Market Awaits Mid-September Update
The Pi Network has been largely absent from the spotlight in recent times as its community awaits a major protocol update scheduled for mid-September.
This update is significant, and the project's followers are eagerly waiting to see how it will impact adoption and development milestones.
However, a social media buzz claimed that Elon Musk had endorsed the PI token, but this failed to lift the price, which barely participated in the broader crypto rebound seen over the past two weeks.
This suggests that the market has limited interest in Pi Network at present.