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Pi Network (PI) is under immense pressure after a steep 25.94% price decline over the past week. According to CoinMarketCap, Pi Network (PI) has vastly underperformed the broader market, which only fell 3% in the same period. The token is now trading dangerously close to its all-time lows, hovering around $0.69. While Pi Network (PI) retains one of the largest communities in crypto, that hasnt been enough to stop the downward trend. Traders are worried about a continued slide toward $0.60—or worse. Meanwhile, attention is shifting toward emerging utility projects like Coldware (COLD), which has announced a Web3-integrated mobile hardware device set to be revealed in 40 days. With Pi Network (PI) struggling to maintain momentum, Coldware (COLD) is quickly gaining favor among those seeking real-world application and innovation in the crypto space.
Coldware (COLD) Gains Ground as Market Eyes Innovation
As Pi Network (PI) attempts to stabilize, Coldware (COLD) is rapidly climbing the ranks of emerging tokens. With just 40 days to go before the reveal of its Web3 mobile hardware device, Coldware (COLD) is drawing attention. The project focuses on merging decentralized hardware with a scalable PoS blockchain, offering real-world applications in payments, IoT, and secure mobile computing. Coldware (COLD) presents an entirely new category of crypto innovation that directly contrasts with Pi Network (PI)s app-based model.
Authentication Upgrade Falls Short of Reversing Sentiment
 
Despite the market downturn, Pi Network (PI) recently significantly changed its user verification process. The platform has replaced unreliable SMS verification with email-based two-factor authentication (2FA), addressing long-standing issues across global telecom systems. Pi Network (PI) says the change improves security and paves the way for more advanced verification options like passkeys and biometrics. However, the market hasnt responded positively, and bearish sentiment still lingers.
The Shift from Minting Apps to Real Utility Projects
While Pi Network (PI) has lost more than a quarter of its value in one week, Coldware (COLD) continues to gain traction. Crypto adherents are now rotating funds into real-world asset (RWA) tokens, and Coldware (COLD) sits at the top of that trend. On-chain data and community buzz suggest that impossible to ignore.
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