*Pi Network’s Current Challenges

 The headline you mentioned reflects speculative concerns about **Pi Network (PI)** and highlights a trend where some investors are shifting focus to new crypto presales. Here's a breakdown of the situation and what it could mean for Pi Coin's future:

### **Pi Network’s Current Challenges**

1. **Lack of Exchange Listings & Liquidity**  

   - Pi Coin is still not listed on major exchanges like Binance or Coinbase, limiting its tradability.  

   - Most trading occurs on decentralized exchanges (DEXs) or gray-market platforms, leading to volatility and potential scams.

2. **Mainnet Transition Delays**  

   - Pi Network has been in an "enclosed mainnet" phase for years, meaning mined coins aren’t fully open for trading.  

   - Without full migration to an open mainnet, investor confidence is waning.

3. **Selling Pressure & Declining Sentiment**  

   - Many early miners are selling PI at low prices due to frustration over delays.  

   - Fears of the coin becoming worthless ("going to zero") are growing.

### **Why Are Investors Jumping to 2025’s Best Crypto Presales?**

With Pi Network’s uncertainty, some investors are turning to new presale projects that offer:  

- **Higher growth potential** (new tokens with strong utility).  

- **Clear roadmaps & faster liquidity events** (quick exchange listings).  

- **Stronger community engagement & transparency**.  

#### **Top Alternatives Gaining Attention in 2025**

1. **Retik Finance (RETIK)** – A DeFi project with innovative payment solutions.  

2. **BlockDAG (BDAG)** – A scalable Layer 1 project with hybrid consensus.  

3. **WienerAI (WAI)** – A meme coin with AI trading bot integration.  

### **Will Pi Coin Recover or Crash to Zero?**

- **Bull Case**: If Pi Network launches an open mainnet and secures major exchange listings, PI could see a price surge.  

- **Bear Case**: Continued delays and lack of utility may lead to further sell-offs, pushing PI toward near-zero valuations.  

### **Final Thoughts**

Pi Network still has a massive user base, but without concrete progress, investor patience is wearing thin. While some are holding, others are diversifying into newer, high-potential presales.