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Story: Pi Network Launchpad Opens SLICE Testing to All Pioneers as PI Token Sits 96% Below Peak

By Steven Anderson

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PI Token Hits New Lows Amid Market Pressure. While the Launchpad work moves forward, the PI token itself is in rough shape. It dropped below $0.

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What the SLICE Phase Is Actually Trying to Do. The team's focus with SLICE seems to be usability and fairness more than hype.

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Pi Network's Core Team just widened access to its Launchpad testing phase, letting every Pioneer take part in SLICE token trials.

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The updated participation model is pretty straightforward. Pioneers go into the Pi Browser, pull up the Pi Launchpad, look over the SLICE token details, decide how much Test-Pi…

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Not a small window. But the clock is ticking.

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Part of the recent pressure came from a broader market pullback. An FOMC meeting rattled risk assets, dragged Bitcoin under $64,000, and altcoins caught the spillover hard.

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The market cap number is kind of interesting on its own. At $1.42 billion, the project isn't tiny — but the token price tells a different story than the headline figure.

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The team's focus with SLICE seems to be usability and fairness more than hype. By stripping the process down to a single key input — the commitment amount — and having the system…

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More context: Bitcoin Dips Below $65K Then Bounces as Warsh Holds Rates at 3.75%

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Whether it works in practice is what the testing phase is for. The data collected before June 28 will shape what comes next for the Launchpad.

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Unclear, honestly, how much the broader token price affects Pioneer participation in the testing phase.

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And that's probably the real tension Pi Network is sitting with right now. The Launchpad work is real, the SLICE testing is live, the process has been simplified — but none of…

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Broader crypto market conditions aren't helping. Bitcoin under $64,000 tends to weigh on smaller altcoins disproportionately, and PI is no exception.

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Related: Bitcoin vs S&P 500: M2 Money Supply Exposes the Real Gap in Returns

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