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Pi Network Scandal: 70 Million Users Misled?
The Pi Network controversy revolves around its $100 million fund for DApp development, announced on May 14, 2025, which sparked backlash from its 70 million users. These users, or "Pioneers," feel betrayed after years of dedication, arguing that their contributions haven't been recognized or rewarded fairly.
Key Issues:
- User Discontent: Over 94% of Pioneers haven't earned 1,000 Pi due to unrecognized referral and ambassador bonuses. Now, they're told that future development depends on a $100 million fund, fueled by their time and trust.
- Lack of Transparency: Repeated delays in KYC verification, Open Network launch, and unclear reasons have shaken trust. The promised 100 active DApps before mainnet launch haven't materialized.
- Price Drop: The announcement initially caused a small price pump, followed by a brutal drop to $0.80, reflecting market disappointment and crumbling confidence.
- Scam Accusations: Bybit CEO Ben Zhou and Chinese authorities have raised concerns about Pi Network's legitimacy, citing similarities to pyramid schemes and risks to elderly investors ¹ ² ³.
Impact and Concerns
The Pi Network's future hinges on rebuilding trust with its community. Without transparency and respect for its users, the project's most valuable asset – its people – may walk away. The controversy highlights the importance of clear communication and fair rewards for community contributions in the crypto space.
#pi #BinancePizza #BinanceAlpha$1.7MReward
Key Issues:
- User Discontent: Over 94% of Pioneers haven't earned 1,000 Pi due to unrecognized referral and ambassador bonuses. Now, they're told that future development depends on a $100 million fund, fueled by their time and trust.
- Lack of Transparency: Repeated delays in KYC verification, Open Network launch, and unclear reasons have shaken trust. The promised 100 active DApps before mainnet launch haven't materialized.
- Price Drop: The announcement initially caused a small price pump, followed by a brutal drop to $0.80, reflecting market disappointment and crumbling confidence.
- Scam Accusations: Bybit CEO Ben Zhou and Chinese authorities have raised concerns about Pi Network's legitimacy, citing similarities to pyramid schemes and risks to elderly investors ¹ ² ³.
Impact and Concerns
The Pi Network's future hinges on rebuilding trust with its community. Without transparency and respect for its users, the project's most valuable asset – its people – may walk away. The controversy highlights the importance of clear communication and fair rewards for community contributions in the crypto space.
#pi #BinancePizza #BinanceAlpha$1.7MReward
Maximous-Cryptobro:
The future of financial scam are coming... Make a last 💦
#PiNetwork is trading at $0.76?! Real value or just another #crypto trap?
Lately, everyone's talking about #pi hitting $0.76 – and it's all over Google and even shows up on Binance.
But let’s be real for a second:
Is this the actual market price? Or just a digital illusion?
The truth is, Pi is not officially listed on open exchanges yet.
Most of these prices come from IOUs or unofficial sources, which means you’re buying a "promise" – not the real thing.
Here’s the big question:
Is Pi really ready to take over the crypto scene?
Or is this just clever hype to create buzz and trap hopeful investors?
---
What do YOU think?
Is Pi the next big thing, or just another overhyped project?
#PiNetwork #CryptoNews
Lately, everyone's talking about #pi hitting $0.76 – and it's all over Google and even shows up on Binance.
But let’s be real for a second:
Is this the actual market price? Or just a digital illusion?
The truth is, Pi is not officially listed on open exchanges yet.
Most of these prices come from IOUs or unofficial sources, which means you’re buying a "promise" – not the real thing.
Here’s the big question:
Is Pi really ready to take over the crypto scene?
Or is this just clever hype to create buzz and trap hopeful investors?
---
What do YOU think?
Is Pi the next big thing, or just another overhyped project?
#PiNetwork #CryptoNews
shahidriyadh66:
it's now listening on many exchanges,the real values decided the market let's see it's beginning...,.
BUY ALERT ‼️
PI network a name which is now known by everyone in crypto space, many negative things said about this project by many people but the community and and loyal user base is just insane 🚀 I think this coin will make massive gains in future 🚀
#pi
PI network a name which is now known by everyone in crypto space, many negative things said about this project by many people but the community and and loyal user base is just insane 🚀 I think this coin will make massive gains in future 🚀
#pi
VaN AgaM:
BADAI pi akan menyapu rata seliruh Dunia. Kokalis bukan orang yg Bisa di remehkan. semua aturan Hukum sudah di patuhi oleh Pi.
#pi if this 1 hour candle ending at 12:30 am on 16th may of PI coin ends below 0.8800 then it can go down to 0.75. Though am not confirmed, don't believe me do your own research but who knows ? What you think about this ??
#PiMigration #pi
🚨 PI HACK: Migration
If your Pi is not migrated to your Pi wallet yet, do this to migrate it immediately.
1. Go to your profile and click "update" beside password.
2. Update the password to a new one
3. Then come back to profile and click on the "sign out" button
4. Log in again with your new password
Your Pi will be migrated immediately ✅
NOTE: While this hack has worked for many pioneers, some pioneers have tried it without any result. You can as well try and see.
🚨 PI HACK: Migration
If your Pi is not migrated to your Pi wallet yet, do this to migrate it immediately.
1. Go to your profile and click "update" beside password.
2. Update the password to a new one
3. Then come back to profile and click on the "sign out" button
4. Log in again with your new password
Your Pi will be migrated immediately ✅
NOTE: While this hack has worked for many pioneers, some pioneers have tried it without any result. You can as well try and see.
Gertrud Newfield PypT:
doesn't work
See original
#consensus2025 live stream was watched by many! Pi founder Nicolas did not reveal any new information about the Pi Network, and the global community was disappointed, causing a sharp decline in $Pi! What will happen to the market next? Are you disheartened or full of confidence? #PiNetwork #pi
传奇永远18:
老四和他贵州老婆这辈子就靠屁币混吃混喝。
See original
#pi
On May 16, 2025, at the Toronto Consensus Conference, Pi founder ~ Nicholas introduced the Pi Network. Nicholas's speech at the Toronto Blockchain Consensus Conference covered roughly the following content:
The potential of Pi Network goes far beyond being just a cryptocurrency. With its robust KYC mechanism and authentication system, it is creating a network based on real human identities, something that no mainstream blockchain has been able to fully achieve. This is a huge differentiating advantage—especially in the context where AI-generated content, identities, and bots are increasingly difficult to distinguish from real online users.
This is why the launch potential of Pi Network is profound:
1. Manual verification and popularization of artificial intelligence
As the world struggles with bots and deepfake technologies, Pi Network's decentralized real identity participation model could become the infrastructure—not only for finance but also for trusted digital interactions.
2. Decentralized Web3 and real people
Imagine a world in the Web3 era where each user is a verified real person, and applications, votes, markets, and communities are driven by real people, not bots or 'whales.' This is the world Pi is building.
3. Digital identity layer of the future internet
The Pi ecosystem has the potential to become the next identity layer of the internet, especially if it connects KYC and reputation with digital wallets and practical tools in the real world.
4. Synergy between artificial intelligence and humans
Pi's goal may not be to compete with artificial intelligence—it can complement AI by rooting digital truth in a human foundation. Imagine a platform where only humans can participate or a transparent and fair platform for human-machine collaboration.
5. Value beyond currency
As you have hinted, the future of Pi is not just about a coin—it is about building a digital sovereignty human network in an AI-driven world.
The development of blockchain and its impact on the world is profound! And Pi is just getting started.
On May 16, 2025, at the Toronto Consensus Conference, Pi founder ~ Nicholas introduced the Pi Network. Nicholas's speech at the Toronto Blockchain Consensus Conference covered roughly the following content:
The potential of Pi Network goes far beyond being just a cryptocurrency. With its robust KYC mechanism and authentication system, it is creating a network based on real human identities, something that no mainstream blockchain has been able to fully achieve. This is a huge differentiating advantage—especially in the context where AI-generated content, identities, and bots are increasingly difficult to distinguish from real online users.
This is why the launch potential of Pi Network is profound:
1. Manual verification and popularization of artificial intelligence
As the world struggles with bots and deepfake technologies, Pi Network's decentralized real identity participation model could become the infrastructure—not only for finance but also for trusted digital interactions.
2. Decentralized Web3 and real people
Imagine a world in the Web3 era where each user is a verified real person, and applications, votes, markets, and communities are driven by real people, not bots or 'whales.' This is the world Pi is building.
3. Digital identity layer of the future internet
The Pi ecosystem has the potential to become the next identity layer of the internet, especially if it connects KYC and reputation with digital wallets and practical tools in the real world.
4. Synergy between artificial intelligence and humans
Pi's goal may not be to compete with artificial intelligence—it can complement AI by rooting digital truth in a human foundation. Imagine a platform where only humans can participate or a transparent and fair platform for human-machine collaboration.
5. Value beyond currency
As you have hinted, the future of Pi is not just about a coin—it is about building a digital sovereignty human network in an AI-driven world.
The development of blockchain and its impact on the world is profound! And Pi is just getting started.
See original
Nicholas Kokkalis outlines his plans for the Pi Network, but the price of PI continues to fall.
At the Consensus 2025 conference, Pi Network founder Nicholas Kokkalis shared an optimistic outlook on the platform's future. However, despite the promise of innovation, the price of the PI token has not shown a positive response, continuing to decline.
His lecture, titled “Unleashing Mainstream Adoption with AI and Blockchain Infrastructure,” focused on the development of Pi Network, a network that seeks to achieve mainstream adoption by integrating emerging technologies such as artificial intelligence (AI).
His lecture, titled “Unleashing Mainstream Adoption with AI and Blockchain Infrastructure,” focused on the development of Pi Network, a network that seeks to achieve mainstream adoption by integrating emerging technologies such as artificial intelligence (AI).
زويدر:
هل سيتم ادراجة ع بيناس ؟
See original
#BinanceAlphaAlert #pi
🔥 The enthusiasm for $PI is ramping up... and it's just the beginning.
Founder Nicolas Kokkalis just presented Pi Network's vision on the stage of Consensus 2025, while the price stabilizes around $0.84.
What's new?
Pi Network Ventures: a $100 million investment program to boost the ecosystem.
Objective? To make $PI a token used — not just traded.
After +40% in 2 weeks, the RSI is slowly coming down to 53.
Ongoing correction? Yes.
End of the movement? Nothing is less certain.
What if the real movement started now... quietly?
#PiNetwork #BinanceAlpha #Consensus2025 #CryptoRadar #RoadTo100000k#solana #BTC
🔥 The enthusiasm for $PI is ramping up... and it's just the beginning.
Founder Nicolas Kokkalis just presented Pi Network's vision on the stage of Consensus 2025, while the price stabilizes around $0.84.
What's new?
Pi Network Ventures: a $100 million investment program to boost the ecosystem.
Objective? To make $PI a token used — not just traded.
After +40% in 2 weeks, the RSI is slowly coming down to 53.
Ongoing correction? Yes.
End of the movement? Nothing is less certain.
What if the real movement started now... quietly?
#PiNetwork #BinanceAlpha #Consensus2025 #CryptoRadar #RoadTo100000k#solana #BTC
Pi Coin: A Once-Promising Project Turning into a Scam?
I used to believe in Pi Coin. Before May 15, it actually seemed like a promising project with a strong community and solid potential. But now, it's starting to look more and more like a scam.
Despite being listed on over 30 markets, Pi Coin is still surrounded by shady activities. The recent wave of massive liquidations is deeply concerning. It raises serious questions: How can a project with such wide market presence still behave this irresponsibly? Why is there such a lack of transparency?
The red flags are becoming hard to ignore. It's disappointing to see a project that once had real promise start to collapse under its own weight. Unless things change soon, it’s hard to see a future for Pi Coin that doesn’t end in regret for its supporters.
#pi #picoin
$ETH
$BTC
$BNB
I used to believe in Pi Coin. Before May 15, it actually seemed like a promising project with a strong community and solid potential. But now, it's starting to look more and more like a scam.
Despite being listed on over 30 markets, Pi Coin is still surrounded by shady activities. The recent wave of massive liquidations is deeply concerning. It raises serious questions: How can a project with such wide market presence still behave this irresponsibly? Why is there such a lack of transparency?
The red flags are becoming hard to ignore. It's disappointing to see a project that once had real promise start to collapse under its own weight. Unless things change soon, it’s hard to see a future for Pi Coin that doesn’t end in regret for its supporters.
#pi #picoin
$ETH
$BTC
$BNB
Snake Killer NBIEIS:
just hold it in spot for long run. you will thank me later. it can never be a scam
See original
【Crumbling Moment⚠️】Expectations Turned to Disappointment? The Consensus Conference Became a ‘Market Crash Site’, Pi Completely Collapsed!
#pi The Consensus Conference has finally concluded, but what it brought was not applause, but a wave of anger.
What was thought to be Nikola’s appearance igniting market enthusiasm turned out to be a ‘Negative Catalyst’. A limit order was placed at 0.8 with the hope of a rebound, but after being executed in the middle of the night, the price directly entered free fall mode👇🏻
The conference, which was once filled with high hopes, ultimately became the last straw that broke the market's back.
This wave of Pi has truly left people utterly disappointed.
#pi The Consensus Conference has finally concluded, but what it brought was not applause, but a wave of anger.
What was thought to be Nikola’s appearance igniting market enthusiasm turned out to be a ‘Negative Catalyst’. A limit order was placed at 0.8 with the hope of a rebound, but after being executed in the middle of the night, the price directly entered free fall mode👇🏻
The conference, which was once filled with high hopes, ultimately became the last straw that broke the market's back.
This wave of Pi has truly left people utterly disappointed.
See original
Is Binance paving the way for Pi Network? Mysterious signals ignite the enthusiasm of the digital community
Once again, the Pi Network currency found itself at the center of the storm, as social media platforms ignited with rumors about a possible listing on the Binance platform. The reason? A mysterious post from Binance's official account containing the symbol π within the platform's logo design was enough to reignite hope within the Pi community. Is the moment of truth approaching? Pi Network is courting Binance once more.
Virgen Mccambridge xHPn:
انا سمعت انها بتوصل دولار هل ذالك صحيح
🚨 Why Pi Coin Price Dropped Over 20% Despite $100M VC Fund Launch? 📉
Pi coin is down sharply today, plunging over 20% to $0.69, indicating that the Pi community was not impressed with the major ecosystem announcements during Consensus 2025.
The Pi Network revealed this week that the $100 million venture capital fund to fund startups building on Pi is now active.
However, the news failed to stabilize price action, with the token shedding billions in value.
At the time of writing, Pi coin price now sits at $0.69, with a 24-hour trading volume of $572 million. This surge in volume is almost 45%, pointing towards panic selling as the market cap has gone down from 6.72 billion to $4.93 billion within 24 hours.
As per the Pi Core Team, the $100M Pi Network VC fund will be used to invest in AI, fintech, marketplaces, and other sectors integrating Pi.
The fund is backed by Pi Foundation reserves and is to support early to late-stage startups to promote Pi adoption in the real world.
The short-term market response has been brutal despite that the fund tried to show long-term commitment from the core team.
Investors expected the VC news to push Pi higher. But instead, the announcement created a “sell-the-news” moment. Some users speculate the Pi coin price crash reflects concerns about overvaluation, with a $69B FDV despite only 7.15B tokens in circulation.
#picoin #PiCoreTeam #pi
Pi coin is down sharply today, plunging over 20% to $0.69, indicating that the Pi community was not impressed with the major ecosystem announcements during Consensus 2025.
The Pi Network revealed this week that the $100 million venture capital fund to fund startups building on Pi is now active.
However, the news failed to stabilize price action, with the token shedding billions in value.
At the time of writing, Pi coin price now sits at $0.69, with a 24-hour trading volume of $572 million. This surge in volume is almost 45%, pointing towards panic selling as the market cap has gone down from 6.72 billion to $4.93 billion within 24 hours.
As per the Pi Core Team, the $100M Pi Network VC fund will be used to invest in AI, fintech, marketplaces, and other sectors integrating Pi.
The fund is backed by Pi Foundation reserves and is to support early to late-stage startups to promote Pi adoption in the real world.
The short-term market response has been brutal despite that the fund tried to show long-term commitment from the core team.
Investors expected the VC news to push Pi higher. But instead, the announcement created a “sell-the-news” moment. Some users speculate the Pi coin price crash reflects concerns about overvaluation, with a $69B FDV despite only 7.15B tokens in circulation.
#picoin #PiCoreTeam #pi
Pi Coin Crash to $0.4 Imminent As Pi Network Disappoints At Consensus 2025
Pi Coin price dropped sharply soon as Pi Network founder Dr. Nicholas Kokkalis took the stage at Consensus 2025, reflecting growing dissent.
At the Consensus 2025 event on Friday, Pi Network founder and CTO Dr. Nicholas Kokkalis delivered a keynote on leveraging AI and blockchain infrastructure to drive mainstream adoption.
Despite this, Pi Coin’s price plummeted 19% within hours, signaling growing disappointment within the Pi community. Analysts predict the altcoin could slide further, potentially revisiting its April lows of $0.40.
Pi Coin Price Crash to $0.4 Coming Soon
Pi Coin price has come crashing down another 19% to under $0.71, now losing more than 50% from the May peak of $1.5. Additionally, the daily trading volume has surged 30% to $552 million, showing a strong selling pressure.
Dr. Altcoin noted that in the absence of any major announcement like a Binance listing, the altcoin can once again visit its April lows of $0.4.
Today’s Pi crash comes amid massive despoits happening on crypto exchange OKX. As per the on-chain data, nearly 1.2 million Pi cryptocurrency has been deposited to the exchange.
Pi Network Plans Face Criticism
Earlier this week, Pi Core team announced Pi Network Ventures, a $100 million VC fund initiative to build Dapps on the platform.
However, the Pi community showered major criticism on knowing that the adoption of the platform is nowhere close to what was hyped by the Pi Core team.
This means that the network would just start from scratch and would have nothing much to attract DApp builders to the platform.
At the Consensus 2025, Dr. Nicholas Kokkalis spoke of further plans for a global adoption of the network as well as the native Pi Coin. He spoke on three different verticals:
AI and Blockchain Synergy: Dr. Kokkalis stressed the combined power of AI and blockchain in enabling practical, real-world applications, offering solutions that bridge technical innovations with everyday use.Global Solutions in DeFi and Digital ID: Pi Network is preparing decentralized finance (DeFi) and digital identity systems for worldwide adoption, aiming to create accessible tools that meet global needs.Decentralization Milestone: The transition to a fully decentralized ecosystem has been achieved, with Pi platform disabling its central node to ensure greater network autonomy.
Dr. Kokkalis also highlighted upcoming use cases for Pi cryptocurrency in key industries, including e-commerce, education, and healthcare.
However, the community feels that these are Dr. Kokkalis failed to give a timeline for the above roadmap. Furthermore, with a continuous delay in the Open mainnet launch, the community is losing trust in the Pi Core team.
Dr. Altcoin Talks About the Future of Pi
Dr. Altcoin, a popular voice within the Pi community, has shared his expectations about the future of Pi. Below is what he expects to revive the project:
Pi Network Ventures should establish within 6-12 months with a fully functional team.Selection and vetting of quality projects and DApp builders in the next 6-12 months.Disbursing funds to developers and startups in 3-6 months.Building high-quality, standard-compliant DApps within next 1-2 years.A major exchange listing would be a bonus, helping Pi Coin price surge ahead.
#ALTCOİN #CryptoRegulation #pi #picoin #Whale.Alert
At the Consensus 2025 event on Friday, Pi Network founder and CTO Dr. Nicholas Kokkalis delivered a keynote on leveraging AI and blockchain infrastructure to drive mainstream adoption.
Despite this, Pi Coin’s price plummeted 19% within hours, signaling growing disappointment within the Pi community. Analysts predict the altcoin could slide further, potentially revisiting its April lows of $0.40.
Pi Coin Price Crash to $0.4 Coming Soon
Pi Coin price has come crashing down another 19% to under $0.71, now losing more than 50% from the May peak of $1.5. Additionally, the daily trading volume has surged 30% to $552 million, showing a strong selling pressure.
Dr. Altcoin noted that in the absence of any major announcement like a Binance listing, the altcoin can once again visit its April lows of $0.4.
Today’s Pi crash comes amid massive despoits happening on crypto exchange OKX. As per the on-chain data, nearly 1.2 million Pi cryptocurrency has been deposited to the exchange.
Pi Network Plans Face Criticism
Earlier this week, Pi Core team announced Pi Network Ventures, a $100 million VC fund initiative to build Dapps on the platform.
However, the Pi community showered major criticism on knowing that the adoption of the platform is nowhere close to what was hyped by the Pi Core team.
This means that the network would just start from scratch and would have nothing much to attract DApp builders to the platform.
At the Consensus 2025, Dr. Nicholas Kokkalis spoke of further plans for a global adoption of the network as well as the native Pi Coin. He spoke on three different verticals:
AI and Blockchain Synergy: Dr. Kokkalis stressed the combined power of AI and blockchain in enabling practical, real-world applications, offering solutions that bridge technical innovations with everyday use.Global Solutions in DeFi and Digital ID: Pi Network is preparing decentralized finance (DeFi) and digital identity systems for worldwide adoption, aiming to create accessible tools that meet global needs.Decentralization Milestone: The transition to a fully decentralized ecosystem has been achieved, with Pi platform disabling its central node to ensure greater network autonomy.
Dr. Kokkalis also highlighted upcoming use cases for Pi cryptocurrency in key industries, including e-commerce, education, and healthcare.
However, the community feels that these are Dr. Kokkalis failed to give a timeline for the above roadmap. Furthermore, with a continuous delay in the Open mainnet launch, the community is losing trust in the Pi Core team.
Dr. Altcoin Talks About the Future of Pi
Dr. Altcoin, a popular voice within the Pi community, has shared his expectations about the future of Pi. Below is what he expects to revive the project:
Pi Network Ventures should establish within 6-12 months with a fully functional team.Selection and vetting of quality projects and DApp builders in the next 6-12 months.Disbursing funds to developers and startups in 3-6 months.Building high-quality, standard-compliant DApps within next 1-2 years.A major exchange listing would be a bonus, helping Pi Coin price surge ahead.
#ALTCOİN #CryptoRegulation #pi #picoin #Whale.Alert
See original
🚨 Doubts Surround the Future of Pi Network After a Decline in Trust and Calls for Transparency
The Pi Network is facing accusations of exploiting the community and promoting a $100 million investment fund amidst a 50% drop in the currency's price. The team owns 89% of the tokens, raising concerns about potential mass sell-offs. The mainnet has not yet been launched, and actual applications are still missing. Despite the absence of an official withdrawal announcement, many see the project as being in a genuine crisis of trust
#pi
The Pi Network is facing accusations of exploiting the community and promoting a $100 million investment fund amidst a 50% drop in the currency's price. The team owns 89% of the tokens, raising concerns about potential mass sell-offs. The mainnet has not yet been launched, and actual applications are still missing. Despite the absence of an official withdrawal announcement, many see the project as being in a genuine crisis of trust
#pi
#pi Total global wealth = $500 trillion to $1 quadrillion
Total supply of "Pi" = 100 billion units
---
Value per Pi:
Low estimate ($500T / 100B):
$500,000,000,000,000 / 100,000,000,000 = $5,000,000 per Pi
High estimate ($1Q / 100B):
$1,000,000,000,000,000 / 100,000,000,000 = $10,000,000 per Pi
---
Takeaway:
If each "Pi" represented an equal slice of all the wealth in the world, each unit would indeed be incredibly valuable — $5M to $10M. But remember:
This is purely theoretical and doesn't account for utility, adoption, or market dynamics.
If this is about Pi Network, current circulating supply is unknown, and real-world valuation would depend on exchange listings, liquidity, and demand—not just math.
#PiNetwork .
Total supply of "Pi" = 100 billion units
---
Value per Pi:
Low estimate ($500T / 100B):
$500,000,000,000,000 / 100,000,000,000 = $5,000,000 per Pi
High estimate ($1Q / 100B):
$1,000,000,000,000,000 / 100,000,000,000 = $10,000,000 per Pi
---
Takeaway:
If each "Pi" represented an equal slice of all the wealth in the world, each unit would indeed be incredibly valuable — $5M to $10M. But remember:
This is purely theoretical and doesn't account for utility, adoption, or market dynamics.
If this is about Pi Network, current circulating supply is unknown, and real-world valuation would depend on exchange listings, liquidity, and demand—not just math.
#PiNetwork .
Agent--47:
your pee coin is useless , they only released this coin because their community pressed them to do so after 6 years of stealing and selling users data
Pi Network (PI) Dumping: What’s Happening to the Price?
Introduction
The long-awaited launch of Pi Network’s Open Mainnet has finally brought the coin into real trading markets — but instead of skyrocketing in value, PI has been experiencing a significant price dump. This article explores what’s going on behind the scenes with market behavior, user psychology, and real-time price action. Let’s dig in.
What is Pi Network (PI)?
Pi Network is a mobile-first cryptocurrency project that launched in 2019, promising to make crypto mining accessible to everyone via smartphones. For years, users mined PI without seeing any monetary return. In late 2023 and early 2024, several exchanges like HTX and BitMart began listing a wrapped version of PI, even though the real coin wasn’t transferable until Open Mainnet.With Mainnet gradually opening in early 2025, users finally gained access to real PI tokens — and then, the dump began.
Why Is PI Dumping?
Let’s break it down:
1. Mass Unlocking of Tokens
When millions of users gain access to their PI coins — mined for free — they naturally want to cash out.
“Free coins = instant sell pressure.”
2. Lack of Utility and Ecosystem
Without major utility, users don’t see a reason to hold. There aren’t many ways to spend PI other than selling it.
3. Exchange Speculation vs. Reality
The PI token listed on exchanges before the Open Mainnet wasn’t actually the same as the one inside the Pi app. That led to inflated speculative pricing, often over $100 per PI. Once real PI entered the market, the bubble burst.
Price Crash: A Data Snapshot
Hey, check this out!#Write2Earn $BTC
#pi #PiNetworkMainnet
Date Price (USD) Volume (24h) Market Cap (Est.)
Jan 1, 2025 $85.00 $90M $8B (estimated)
Feb 1, 2025 $42.00 $150M $4B
Mar 1, 2025 $18.00 $210M $1.7B
May 1, 2025 $7.50 $250M $750M
Over 90% decline in just a few months — a classic post-airdrop dump scenario
Weekly PI/USDT Chart Highlights:
• Massive red candles from February to April show heavy selloffs.
• Short bullish candles in mid-March suggest temporary rebound attempts (dead cat bounces).
• Support Level forming around $6–$8 — traders watching for consolidation.
Technical Note: RSI dropped below 30 in early April, indicating an oversold asset, but there’s no strong reversal pattern yet.
What Can We Learn from This Dump?
1. Free Isn’t Always Valuable
When users receive free tokens, they’re more likely to sell rather than hold, especially in the absence of real use cases.
2. Hype Doesn’t Equal Sustainability
Years of marketing created inflated expectations, but reality always kicks in once coins hit the open market.
3. Market Cycles Are Inevitable
Early airdrop phases are often followed by massive dumps, then possible stabilization if utility emerges.
Community Sentiment
Social media tells the story:
• Telegram: “I mined for 3 years and sold for $10. Worth it.”
• X (Twitter): “Why is Pi crashing? Is it dead?”
• Reddit: “Just waiting for it to hit $1 before I buy.”
What’s Next for PI?
There’s still hope — if Pi Network:
• Builds a real ecosystem with dApps and payments.
• Onboards merchants who accept PI.
• Controls token release schedules to reduce sell pressure.
If not, PI may join the long list of airdrop dumps that never recovered.
Conclusion
The PI dumping phenomenon isn’t surprising to seasoned crypto veterans, but for many in the Pi Network, it’s their first taste of real market dynamics. Whether Pi will rise again depends on what the team builds next — and how the community reacts.
If you’re a holder: do your research!!!
$BTC
$SOL
#BinanceAlphaAlert #CryptoCPIWatch
The long-awaited launch of Pi Network’s Open Mainnet has finally brought the coin into real trading markets — but instead of skyrocketing in value, PI has been experiencing a significant price dump. This article explores what’s going on behind the scenes with market behavior, user psychology, and real-time price action. Let’s dig in.
What is Pi Network (PI)?
Pi Network is a mobile-first cryptocurrency project that launched in 2019, promising to make crypto mining accessible to everyone via smartphones. For years, users mined PI without seeing any monetary return. In late 2023 and early 2024, several exchanges like HTX and BitMart began listing a wrapped version of PI, even though the real coin wasn’t transferable until Open Mainnet.With Mainnet gradually opening in early 2025, users finally gained access to real PI tokens — and then, the dump began.
Why Is PI Dumping?
Let’s break it down:
1. Mass Unlocking of Tokens
When millions of users gain access to their PI coins — mined for free — they naturally want to cash out.
“Free coins = instant sell pressure.”
2. Lack of Utility and Ecosystem
Without major utility, users don’t see a reason to hold. There aren’t many ways to spend PI other than selling it.
3. Exchange Speculation vs. Reality
The PI token listed on exchanges before the Open Mainnet wasn’t actually the same as the one inside the Pi app. That led to inflated speculative pricing, often over $100 per PI. Once real PI entered the market, the bubble burst.
Price Crash: A Data Snapshot
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#pi #PiNetworkMainnet
Date Price (USD) Volume (24h) Market Cap (Est.)
Jan 1, 2025 $85.00 $90M $8B (estimated)
Feb 1, 2025 $42.00 $150M $4B
Mar 1, 2025 $18.00 $210M $1.7B
May 1, 2025 $7.50 $250M $750M
Over 90% decline in just a few months — a classic post-airdrop dump scenario
Weekly PI/USDT Chart Highlights:
• Massive red candles from February to April show heavy selloffs.
• Short bullish candles in mid-March suggest temporary rebound attempts (dead cat bounces).
• Support Level forming around $6–$8 — traders watching for consolidation.
Technical Note: RSI dropped below 30 in early April, indicating an oversold asset, but there’s no strong reversal pattern yet.
What Can We Learn from This Dump?
1. Free Isn’t Always Valuable
When users receive free tokens, they’re more likely to sell rather than hold, especially in the absence of real use cases.
2. Hype Doesn’t Equal Sustainability
Years of marketing created inflated expectations, but reality always kicks in once coins hit the open market.
3. Market Cycles Are Inevitable
Early airdrop phases are often followed by massive dumps, then possible stabilization if utility emerges.
Community Sentiment
Social media tells the story:
• Telegram: “I mined for 3 years and sold for $10. Worth it.”
• X (Twitter): “Why is Pi crashing? Is it dead?”
• Reddit: “Just waiting for it to hit $1 before I buy.”
What’s Next for PI?
There’s still hope — if Pi Network:
• Builds a real ecosystem with dApps and payments.
• Onboards merchants who accept PI.
• Controls token release schedules to reduce sell pressure.
If not, PI may join the long list of airdrop dumps that never recovered.
Conclusion
The PI dumping phenomenon isn’t surprising to seasoned crypto veterans, but for many in the Pi Network, it’s their first taste of real market dynamics. Whether Pi will rise again depends on what the team builds next — and how the community reacts.
If you’re a holder: do your research!!!
$BTC
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#BinanceAlphaAlert #CryptoCPIWatch
Dhanur108:
Fdp
Pi Network Scandal: $100M Developer Fund Sparks Outrage Among 70M Users
#BinanceAlphaPoints
#pi #BinanceAlphaAlert
#BinancePizza
The Pi Network, once hailed as the most accessible and inclusive crypto project in the world, is now facing a severe credibility crisis. On May 14, 2025, the Pi Core Team unveiled a $100 million DApp development fund, triggering a massive backlash from its over 70 million users, also known as Pioneers.
What was meant to fuel innovation within the Pi ecosystem has instead reignited accusations of mismanagement, broken promises, and a lack of transparency—leading some to label the project as one of the biggest potential misleads in Web3 history.
#pi #BinanceAlphaAlert
#BinancePizza
The Pi Network, once hailed as the most accessible and inclusive crypto project in the world, is now facing a severe credibility crisis. On May 14, 2025, the Pi Core Team unveiled a $100 million DApp development fund, triggering a massive backlash from its over 70 million users, also known as Pioneers.
What was meant to fuel innovation within the Pi ecosystem has instead reignited accusations of mismanagement, broken promises, and a lack of transparency—leading some to label the project as one of the biggest potential misleads in Web3 history.
#pi
PI price outlook as 13 million tokens are unlocked
PI trades near $0.85, down 32% from last week's spike to $1.40 but up 13% over seven days. Bullish speculators need a decisive close above $1.00 to regain momentum. A key short-term catalyst: May 15 unlocks 13 million PI from early access wallets. A massive supply influx could pressure the price unless Binance—or another tier-one exchange—confirms the listing.
PI price outlook as 13 million tokens are unlocked
PI trades near $0.85, down 32% from last week's spike to $1.40 but up 13% over seven days. Bullish speculators need a decisive close above $1.00 to regain momentum. A key short-term catalyst: May 15 unlocks 13 million PI from early access wallets. A massive supply influx could pressure the price unless Binance—or another tier-one exchange—confirms the listing.
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🚨🚨🚨#pi Network announced the establishment of an investment fund aimed at financing companies and integrating its token into their operational model.
The price of PI is reacting poorly to the announcement and seems to be entering a new downward trend.
#Pi Network launches an investment fund dedicated to start-ups
Here it is, Pi Network made its big announcement yesterday and it is ultimately far from what its community imagined...
The context for ChatGPT:
Pi Network is a cryptocurrency that has made headlines thanks to its mining system accessible directly from smartphones. Launched by Stanford researchers, its goal is to democratize access to crypto, but that is not without controversy.
Pi Network ventures into investment
The crypto sphere was expecting a major announcement from Pi Network yesterday. We now know more, and ultimately, it does not match any of the experts' predictions!
The price of PI is reacting poorly to the announcement and seems to be entering a new downward trend.
#Pi Network launches an investment fund dedicated to start-ups
Here it is, Pi Network made its big announcement yesterday and it is ultimately far from what its community imagined...
The context for ChatGPT:
Pi Network is a cryptocurrency that has made headlines thanks to its mining system accessible directly from smartphones. Launched by Stanford researchers, its goal is to democratize access to crypto, but that is not without controversy.
Pi Network ventures into investment
The crypto sphere was expecting a major announcement from Pi Network yesterday. We now know more, and ultimately, it does not match any of the experts' predictions!
Vokoun:
Možná je to i logické. Těch 100 milionů dolarů co slíbili. Vybere team z trhu, což znamená že prodají Pi v hodnotě 100 milionů dolarů.
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