🚨 Pi Coin Plummets 20%—Is the Core Team Abandoning Pioneers? 🚨**
The Pi Network community is reeling after Pi Coin crashed over 20% in 24 hours, dropping from $1.60 to just $0.7017. This steep decline comes right after Consensus 2025, where the Pi Core Team promised a thriving ecosystem and a full Mainnet launch.
But now, top analyst Dr Altcoin is sounding the alarm—**warning that the Core Team may be sidelining the very Pioneers who built the network.**
### 🔍 What’s Really Going On Behind the Scenes?
According to Dr Altcoin, the Pi Core Team’s recent actions suggest a major shift:
- In March, they urged Pioneers to promote Pi Network.
- They claimed it took 6 years to make Pi “ready to use.”
- But now, with funding secured through Pi Network Ventures, the team appears to be distancing itself from the community.
Even the term "Pioneers" has disappeared from recent updates.
### ⚠️ The Pre-Mining Controversy
One of the most shocking claims? All Pi Coins were pre-mined, meaning the Core Team holds a massive portion of the supply—contrary to the belief that users were mining Pi over time.
Dr Altcoin warns this gives the team full control over supply and price, turning what was supposed to be a decentralized project into a centralized risk.
### 💸 Did the Core Team Dump Millions of Pi?
The analyst alleges that during Consensus 2025 hype, the team sold ~12 million Pi Coins—calling it a “rug pull in plain sight” while users were distracted by Mainnet and DApp promises.
However, some argue there’s no on-chain proof of a sell-off, suggesting these were just routine transfers to Pioneer wallets.
### 🔐 KYC Concerns: Privacy at Risk?
Dr Altcoin also raises red flags over the new automated KYC process, claiming it could:
- Compromise user data privacy
- Weaken verification standards
- Increase vulnerability to misuse
### 📉 What’s Next for Pi’s Price?
The analyst predicts Pi could drop to $0.40 and advises waiting for a better entry point. He’s demanding transparency from the Core Team on the recent crash.
### 🛑 Not Everyone Agrees—Is This Just FUD?
Crypto analyst Mr Spock believes this is just a temporary dip, fueled by panic and misinformation. He argues:
> “Pi Network still has strong utility and community. Don’t fall for the fear—short sellers may be spreading false narratives.”
### 🤔 What Do You Think?
Is this a legitimate concern or just market volatility? Should the Core Team address these claims?