The Core Team behind the popular yet controversial project just published a new update on the state of the Pi Launchpad testing period, including the brand-new test token, SLICE.
In the meantime, the underlying asset’s troubles have intensified, with the asset close to breaking below $0.13 once again.
Pioneers Help and Can Help Further
CryptoPotato reported last week that Pi Network’s team had updated the participation and flow model for the Pi launchpad, opening the door for all users (Pioneers) to participate in testing the second such token, called SLICE.
Those who wanted to take advantage needed to open the Pi Launchpad in the Pi Browser, review the new test token and project, choose a commitment amount in Test-Pi, confirm the participation, and engage with the Slice of Pi App and provide feedback. The initiative will run for 10 more days, until Pi2Day (June 28).
The new update on the matter informed that the first such testing token provided “useful data and highlighted areas where the Launchpad experience needed improvement,” hence Pioneers’ help. The updated participation flow has become “simpler and clearer” as a result. The team said participation is now “centered around the commitment amount, which has the direct effect on token acquisition.”
Users can choose how much Test-Pi they need to commit, and the Launchpad automatically calculates the related ‘fair-access hold.’ Then, the Pioneer is shown the commitment amount, hold amount, and the total before confirmation.
“The goal is to make it easier to understand and use the Pi Launchpad, and preserve the intended fair-access effect of the hold,” said the team.
PI Price Slides Again
The non-testing token of the Pi Network ecosystem has had its fair share of failures lately. Its price tumbled below $0.12 on June 6, marking a new all-time low. Thus, it had plunged by 96% since its all-time high marked in February 2025.
Its recovery was swift at first, pushing the asset toward $0.14 as the broader market sentiment improved. However, the FOMC meeting and the subsequent press conference yesterday brought more uncertainty, with BTC sliding below $64,000 and many altcoins, including PI, following suit.
PI has dropped toward $0.13 as of now, down by more than 3% on a 24-hour scale. It remains outside the top 50 alts by market cap as its own is at $1.420 billion.
The post Here’s How Pi Network Pioneers Can Support the Ecosystem During PI’s Slump appeared first on CryptoPotato.
PI’s progress has been halted as the broader market has turned red im the past 24 hours. Crypto Bits, Crypto News, Pi Network (PI)
This articles is written by : Nermeen Nabil Khear Abdelmalak
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