Pi Coin price has suffered a major reversal, moving from a high of $0.2975 to the current $0.1970. It has dropped by over 30% from its highest point this month despite some major announcements on Pi Day and after the latest Kraken listing. Pi Network launches Launchpad on testnet One of the top announcements on Pi Day was the creation of Pi Launchpad on the testnet. The initial version of the Pi Launchpad that implements key changes is now live in the testnet, allowing users in the ecosystem to launch ecosystem tokens. Pi Network hopes that tokens launched in the ecosystem are different from those launched in other chains like Ethereum, Solana, and Hedera.