#PiNetwork

Pi Network recently announced a support fund worth 100 million USD to promote real Pi Coin projects. However, contrary to expectations, the price of Pi has dropped sharply right after the announcement, leaving the investor community disappointed.

As a result, Pi Network is currently facing severe criticism, as analyst Dr. Altcoin accuses the Pi Core Team of deceiving the community and quietly executing a 'rug pull' – a covert capital withdrawal action.

In a recent analysis, Dr. Altcoin claimed that the Pi team exploited hype and misleading narratives to drive the price of Pi Coin up while quietly offloading a large amount of tokens at peak prices.

What does everyone think about Dr. Altcoin's analysis? Please share your thoughts.