Altcoins News
By James Thorp
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A Test Token Amid Falling Prices. The problem is that PI is not doing well. The token is close to its lowest levels since its market…
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Pi Launchpad as an Experimentation Ground. The Pi Launchpad exists precisely for this—to test before deploying on a large scale.
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Pi Network has just launched SLICE, an experimental token, on its Pi Launchpad platform. The chosen date: June 28, coinciding with Pi2Day. No coincidence there.
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Pi2Day is somewhat of a symbolic day for the Pi community. Each year, the team selects this date to make its most significant announcements.
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SLICE does not claim to be a finished product.
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The team clearly positions it as a test project, a way to explore new capabilities within the Pi ecosystem.
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The problem is that PI is not doing well. The token is close to its lowest levels since its market introduction. And now, Pi Network releases a new experimental token.
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It's a risky strategy. Investors who bet on PI and see their value melt away are probably not enthusiastic about an additional experimental token.
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No public statement from Pi Network's leaders on the potential impact of SLICE on PI's price. No figures provided, no projections.
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More context: Pi Networks RSI Hits 2.6 as Protocol v25 and 15 Million Token Unlock Loom
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See also: The RSI Index of Pi Network Reaches 2.6 as Protocol v25 and 15 Million Tokens Are Unlocked
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The Pi Launchpad exists precisely for this—to test before deploying on a large scale. SLICE is thus a new entry in this series of experiments.
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And the Pi ecosystem, broadly speaking, is a network that has bet on massive adoption via mobile—millions of users "mining" PI from their phones without consuming significant…
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But Pi Network continues. SLICE arrives on June 28. The Pi Launchpad is running. The team is pushing its tests. And PI remains close to its lows.
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What signal this sends to the markets—frankly, it's not clear yet. The reactions of the community around Pi2Day could change the short-term dynamic, or not.
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