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A number of analysts express their concerns about the possibility of a scenario similar to Terra Luna occurring with Pi Network, especially given that the core team controls around 89 billion tokens out of a total supply of 100 billion, while only 7.1 billion tokens are currently traded in the market, reflecting a clear imbalance in supply and demand, which intensifies fears of price manipulation.
Additionally, the delay in launching the mainnet so far and the ongoing restrictions on transferring tokens between wallets weaken the strength of the digital currency and limit free liquidity, factors that make the project susceptible to sharp fluctuations and pose a real challenge for new adopters.
Additionally, the delay in launching the mainnet so far and the ongoing restrictions on transferring tokens between wallets weaken the strength of the digital currency and limit free liquidity, factors that make the project susceptible to sharp fluctuations and pose a real challenge for new adopters.
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