PI Network, expected to debut by the end of 2024, has not yet launched as promised, causing disappointment among users due to the lack of updates from the Pi Core Team. The ongoing delays have led to a loss of trust, with many players uninstalling the app and questioning the coin’s trade potential on digital exchanges.

Since its release in 2019, PI Network has remained at the ‘closed mainnet’ phase, restricting users to internal exchanges rather than allowing trades on exchanges.