Pi Network promised easy mobile miningājust tap daily, no hardware, no high electricity bills. Sounds too good to be true, right? šš° With 60 million users, many believed it was the next big thing⦠but now the truth is coming out.
On February 20, 2025, Pi Coin finally hit exchangesāand guess what? Reality is hitting hard! š Millions could be left with worthless tokens. Hereās why. šš„
š The Illusion of "Mining"
Unlike Bitcoin or Ethereum, Piās "mining" is just tapping a buttonānot real mining! š¤ Instead, transactions rely on a centralized group of nodes, not the users. So if people arenāt securing the network, whatās the actual value? ā
š Overhyped Numbers, Low Engagement
Pi Network claims to have 60 million users, but real blockchain data tells a different story: ā ļø Only 20,000 active wallets per dayājust 0.22% of users! ā ļø Many early users havenāt even received their Pi Coins yet. ā ļø Even at its peak, Pi only had 42,000 daily active walletsānowhere near what a thriving blockchain should have.
With low real adoption, Piās system looks more like a Ponzi scheme than a sustainable blockchain. šØ
š The Post-Mainnet Dump Has Begun!
Piās Open Mainnet shouldāve been its big moment⦠instead, itās proving how weak the market is.
š„ Price movement so far: šø Launched at $0.30 - $0.50 šø Briefly pumped to $2.99 before crashing 50%! š„ šø Millions of users are unlocking Pi Coins, and sell pressure is skyrocketing!
With 19 million KYC-verified users and over 10 million unlocked wallets, a massive flood of sell orders is just starting. Without real demand, Piās price will collapse. š
Even Piās official account keeps warning about fake Pi listingsāproving how chaotic and uncertain the market is. š¤Æ
š Privacy Concerns ā Is Your Data Safe?
To claim Pi Coins, users must complete KYC verification, handing over sensitive personal data. But where does this data go? š¤Ø
š¹ Over 18 million users have already submitted their dataāwhat happens if thereās a data breach?
If trust in Piās KYC system collapses, expect mass panic and a huge sell-off! š
ā³ The Hype Is FadingāPi Is Too Late!
Back in 2019, the concept of mobile mining was fresh. In 2025, it's outdated. ā
Meanwhile, real crypto projects dominate: ā” Ethereum, Solana, and BNB lead in DeFi, NFTs, and Web3 adoption. ā” Pi has only 20 mainnet appsāalmost nothing compared to its competitors.
Even long-time Pi supporters are giving up. Reddit users put it best: š¬ "It can be $1 million per coin, but if you canāt sell it, whatās the point?" š¤·āāļø
ā ļø Pi Coinās Inevitable Dump ā A Perfect Storm šŖļø
All signs point to a major crash. Hereās why: š» Inflated Supply: 5 billion+ Pi Coins = severe dilution. š» Low Engagement: Only 0.22% of users are active. š» No Real-World Use: No dApps, no major adoption. š» Heavy Sell Pressure: Millions of users are ready to dump. š» Trust Issues: Lack of transparency, scam concerns, and privacy risks.
šÆ Final Thoughts ā Should You Sell Now?
If youāre holding Pi, you have two choices: 1ļøā£ Sell now while thereās still demand. 2ļøā£ Hold and risk Pi becoming worthless.
š The signs are clear: Pi Coin is a bubble, and it's about to pop! š„
š¬ What do you think? Will Pi survive, or is the dump inevitable? Drop your thoughts below! šš„
Thatās it for today! Stay updated with the latest crypto trends and insights! š
š¹ Disclaimer: This post is based on publicly available data and opinions as of March 6, 2025. It is not financial adviceāalways do your own research before investing. š”
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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