Pi Network Completes Groundbreaking Upgrade but PI Price Plunges Again
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Core Team announced migration and successful upgrade to protocol v20.2 (completed several days ago, announced today), positioning the project to eventually support smart contracts and broaden crypto/DeFi use cases. Despite the upgrade and roadmap progress, PI token continued to free-fall, showing weak market confidence and limited immediate adoption or price uplift; signals short-term downside risk for investors.
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Although it was completed several days ago, the Core Team behind the controversial project announced the migration earlier today, solidifying the successful upgrade to version 20.2.
They reasserted that the new protocol version should be groundbreaking for the project as it provides the foundations to eventually enable smart contract capabilities. However, even this big news couldn’t halt PI’s free-fall.
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