Over the past few years, I’ve been actively involved in the cryptocurrency space—observing, investing, and learning through experience. Today, I want to share my personal opinion about the Pi Network and its native coin, Pi. This blog is not meant to offend any Pi supporters. In fact, I respect everyone's beliefs—but what I’m going to share comes from my honest experience and understanding of how crypto projects operate.
The Illusion of Utility
Let’s be real: most of you already consider Pi as a real-world utility coin. You've heard it over and over—its goal is to become a widely accepted digital currency. But the reality I’ve observed paints a very different picture.
To me, Pi Network resembles the concept of slow poisoning—a metaphor I use carefully. If someone wanted to assassinate a person silently, they would give them poison slowly, without immediate effects. This is exactly what the Pi Core Team appears to be doing to its loyal community.
Lack of Transparency – Referral Bonuses and Locked Coins
The biggest red flag? Lack of transparency.
The Pi Core Team has still not revealed when or how referral bonus Pi coins will be distributed to users. Will they release them all at once? Or will they stretch it out gradually over years and years? My guess is the latter. And that’s exactly what they’ve done so far—nothing has been released, and users remain in the dark.
Here’s what I believe is happening behind the scenes:
The core team holds a huge amount of Pi, and instead of releasing coins to users, they are slowly offloading their own holdings in the market to avoid crashing the price.
This calculated delay creates artificial scarcity, keeping the market “stable” but entirely under their control.
Frankly, this is a textbook example of a very clever scam—a long-term, manipulative strategy that benefits the core team while stringing along hopeful users.
Poor Project Management and Arrogance
Another issue is the incompetence and arrogance of the Pi Core Team.
From what I’ve seen, the team lacks motivation, vision, and proper execution. They appear to be slow, unresponsive, and disconnected from their community. Despite having millions of users, their arrogant attitude and sluggish development pace have alienated many original supporters. The roadmap is unclear, and there's no solid communication about where the project is headed.
Let’s Talk About Price Predictions
Currently, Pi is hovering around $0.60, and while this may appear stable, don’t let that fool you. The majority of users are unable to sell their coins because:
- Their mined Pi is locked or staked.
- Referral bonuses have not been credited.
- KYC is still pending for many users.
This means the market supply is being manipulated, and the price is artificially controlled.
Now here are two possible price scenarios I strongly believe in:
Scenario 1: If Binance Lists Pi
If Binance or any major exchange lists Pi, we might see a short-term price spike to around $7.00. But don’t get too excited—that could easily be its all-time high. The hype might cause a FOMO-driven rally, but it won’t last long.
Scenario 2: The More Likely Reality
More realistically, Pi could drop below $0.20, and I wouldn’t be surprised to see it fall below $0.10 very soon. This will happen once locked coins are released, and the supply floods the market. The price will nosedive, and most users will be left holding worthless tokens.
Final Words – Stay Alert
In my honest opinion, do not expect Pi to become the next Bitcoin. If you’re hoping for life-changing profits, you may end up disappointed. If you do choose to invest or hold, I strongly suggest:
If Binance lists it, buy during the hype and sell quickly to take advantage of FOMO.
But don’t HODL it thinking it’s the next revolutionary crypto.
In fact, I don’t even consider it a meme coin—it’s worse, because it’s dressed as a serious project while being highly manipulative.
Stay cautious. Do your own research. Don’t be fooled by the hype.
