Pi Network, a cryptocurrency project, is facing delays in its mainnet launch and roadmap release, which has led to a loss of customer trust. Despite these setbacks, some users continue to promote the project. One user even made a misleading post suggesting that billionaire Elon Musk was endorsing Pi Network. Additionally, the project has experienced delays in KYC approvals and token migration. Meanwhile, the price of the Pi coin has formed a bearish pattern called the “descending triangle,” indicating a potential drop in price. The coin’s price has been trading within a range, and traders are waiting for bullish signals or a breakout in either direction. Confirmation of the mainnet launch date could impact the coin’s price, while further delays could push it towards support levels. Overall, the market for Pi Network remains indecisive, with the RSI indicating a neutral stance.