Supporters of PI Network have expressed concerns about possible bot activities on Coinmarketcap and claims that automated votes have artificially pushed the mood in the community down for the token. Although there is no clear evidence to confirm or refute these claims, the sudden decline has fueled speculation.
The incident occurs at a time when the PI Network, which is criticized because of its governance, transparency and legitimacy, is increasingly examined. This controversy is added to the recent course setbacks in the network and the continuing struggles with public perception.
The mood in the community of Pi Network is reportedly Boiled by 90 % in less than 24 hours, which prompted supporters to question the legitimacy of the voting process. A user noticed that the survey received more votes than Bitcoin, even though Bitcoin had a larger user base. No comparable survey on alternative platforms showed a similarly extreme change in public perception, which increased the doubts about the participation of bots in the voting process.
There is no clear way to confirm this information. The drastic drop in mood among users fell into the difficult time of the PI network, which was accompanied by considerable course of the course and the strong dissatisfaction of investors. Some people claim that the poor performance of the network could explain the mood drop, other critics believe that the bots are responsible for this. The unexpectedness of this change in mood causes doubt about the reliability of the coordination process on CoinmarketCap.
The change in the mood occurred when Pi Network had several financial problems. After the KYC migration period has expired, the Pi Network token was severe, since many users lost access to their blockchain assets. The sales dynamics reduced the token value even more due to the extent of the disapproval of investors.
The fluctuating market values led to broad dissatisfaction within the PI Network community, which was founded by previous groups that fought against perceived abuses. Pi Network’s cryptocurrency supporters worked together several times before this incident than they published negative reviews against Binance and Bybit regarding delays in lists and attacks. The history of the aggressive reactions of PI Network supporters makes them suspicious as the cause of mood change, either through bot manipulation or coordinated real user actions.
Coinmarketcap has not made a statement on the claims on bots, although your participation in this situation is unclear. The company has a long history of disputes with PI Network, starting with its refusal to recognize its market cap status until it later steered. Due to the long -standing tensions between CoinmarketCap and Pi Network, speculation about possible internal distortions have arisen.
The evaluation of the bot participation in the mood changes of the community at Coinmarketcap in terms of PI Network proves to be difficult. The quick pace of the market decline indicates manipulation, but the continuing price difficulties in connection with a track record of coordinated coordinations make the situation confusing. The controversy about the interference of bots is lacking in solid proof, which is why the debate continues and leads to contradictory positions between PI Network supporters and opponents.
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