Warning: Nicolas is Manipulating Pi Token Prices, Endangering Investors
Only 0.168% ~168M/100B token of Pi’s Total Supply is Circulating on Exchanges
According to the latest data from February 25, 2025, only 168 million Pi tokens are currently circulating on exchanges, which accounts for just 0.168% of the total supply. This means that 99.8% of the total Pi supply remains uncirculated.
The critical question is: Who controls this massive uncirculated supply, and why is the project deliberately restricting liquidity?
20 Billion Unlocked Pi – A Massive Risk for Investors
Official information reveals that Nicolas and his team are holding 20 billion unlocked Pi, in addition to 15 billion Pi allocated to the ecosystem, which is also not locked. This means that a total of 35 billion Pi can be dumped on the market at any time, without any restrictions or transparency regarding its planned usage.
If these tokens are gradually sold without proper regulation, Pi’s value could be severely manipulated, resulting in substantial losses for investors who trust the project.
Is the White Paper Just a Cover-Up?
Pi Network's white paper claims that 65% of the total Pi supply will be distributed to miners. However, as of February 20, 2025, only 10 million out of 65 million accounts have received Pi in their wallets.
Among these, 6 million accounts could potentially be fake, controlled by mining farms, leaving only about 4 million real users who can actually sell their Pi. This means that only 2 out of every 10 Pi miners can sell their tokens after six years of waiting.
This raises a crucial concern: Is Pi Network truly distributing Pi fairly, or is it just a mechanism to control supply and manipulate prices?
Market Manipulation and Its Severe Consequences
With 35 billion unlocked Pi under Nicolas' control, the development team has the ability to:
Sell small amounts periodically to maintain market prices Create artificial scarcity to drive prices up and attract new investors Dump large amounts of Pi at peak prices, causing devastating losses for unsuspecting investors
If Nicolas and his team sell just a few million Pi each month while controlling market news, token prices could be heavily manipulated, leading to catastrophic price crashes.
Investors Must Stay Alert
The control over supply, price manipulation, and unfair token distribution could turn Pi Network into a financial bubble. Investors must remain cautious and closely monitor the actions of the development team to avoid potential losses.
Before investing in Pi Network, ask yourself: Who truly controls the supply? Who benefits from this system? And is this really a transparent project?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
