Coldware Presale Races Past $4 Million While Pi Network and Bittensor Investors Lose Investor Confidence Dropping 3%
The post Coldware Presale Races Past $4 Million While Pi Network and Bittensor Investors Lose Investor Confidence Dropping 3% appeared on BitcoinEthereumNews.com.
As Coldware’s ($COLD) presale crosses the $4 million mark, there’s more and more interest in its hardware-first Web3 approach. Meanwhile, Pi Network is facing a 3% price drop after mainnet delays and a large token unlock that has investors losing confidence. Bittensor is holding steady, with TAO up 1.6% in 24 hours and its subnet ecosystem expanding rapidly. Let’s take a look at the latest performance, investor sentiment, and project developments for all three projects. Pi Network Price Drops Due to Ongoing Concerns About Mainnet Progress Right now, Pi Network (PI) is trading at around $0.75, down about 3% in the past 24 hours. That’s a big fall from its February high of $2.99—a drop of roughly 75%. The decline isn’t that surprising. After the long-awaited mainnet launch earlier this year, progress has been slower than expected, and that’s worn down investor confidence. One of the big issues was the token unlock in April, which released over 21 million PI into circulation. That added selling pressure and pushed the price lower. On top of that, the token’s still only listed on a few exchanges like OKX, so liquidity is still limited and harder to access for many. Still, the project has a massive community—over 70 million users—and a $100 million ecosystem fund aimed at supporting DApp development. Bittensor Maintains Momentum with Expanding Decentralized AI Network Bittensor (TAO) has climbed about 1.6% in the last 24 hours and is now trading at around $446. It has a market cap close to $3.9 billion and 8.72 million TAO in circulation, so it’s still holding strong. What sets Bittensor apart is its focus on decentralized AI. Instead of building one massive model, Bittensor runs on subnets—mini AI environments where people can contribute models and computing power. And those subnets are growing fast, jumping from…
Filed under: News - @ June 1, 2025 3:20 pm