I think he didn’t mined the pi… jealousy on the peak

Pi Network promised easy mobile mining—just tap daily, no hardware, no high electricity bills. Sounds too good to be true, right? 🌍💰 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 exchanges—and guess what? Reality is hitting hard! 📉 Millions could be left with worthless tokens. Here’s why. 👇🔥

🚀 The Illusion of "Mining"

Unlike Bitcoin or Ethereum, Pi’s "mining" is just tapping a button—not real mining! 🤔 Instead, transactions rely on a centralized group of nodes, not the users. So if people aren’t securing the network, what’s the actual value? ❌

📊 Overhyped Numbers, Low Engagement

Pi Network claims to have 60 million users, but real blockchain data tells a different story:
⚠️ Only 20,000 active wallets per day—just 0.22% of users!
⚠️ Many early users haven’t even received their Pi Coins yet.
⚠️ Even at its peak, Pi only had 42,000 daily active wallets—nowhere near what a thriving blockchain should have.

With low real adoption, Pi’s system looks more like a Ponzi scheme than a sustainable blockchain. 🚨

📉 The Post-Mainnet Dump Has Begun!

Pi’s Open Mainnet should’ve been its big moment… instead, it’s proving how weak the market is.

💥 Price movement so far:
🔸 Launched at $0.30 - $0.50
🔸 Briefly pumped to $2.99 before crashing 50%! 🔥
🔸 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, Pi’s price will collapse. 💀

🕵️ Lack of Transparency & Scam Allegations

Pi Network operates in secrecy, raising major red flags 🚩:
🔹 No clear white paper or technical documentation 📄
🔹 No transparency on tokenomics or funding 💰
🔹 Claims to be decentralized, but highly centralized 🏛️

Even Pi’s official account keeps warning about fake Pi listings—proving how chaotic and uncertain the market is. 🤯

🔐 Privacy Concerns – Is Your Data Safe?

To claim Pi Coins, users must complete KYC verification, handing over sensitive personal data. But where does this data go? 🤨

🔹 Over 18 million users have already submitted their data—what happens if there’s a data breach?

If trust in Pi’s KYC system collapses, expect mass panic and a huge sell-off! 📉

⏳ The Hype Is Fading—Pi Is Too Late!

Back in 2019, the concept of mobile mining was fresh. In 2025, it's outdated. ❌

Meanwhile, real crypto projects dominate:
⚡ Ethereum, Solana, and BNB lead in DeFi, NFTs, and Web3 adoption.
⚡ Pi has only 20 mainnet apps—almost nothing compared to its competitors.

Even long-time Pi supporters are giving up. Reddit users put it best:
💬 "It can be $1 million per coin, but if you can’t sell it, what’s the point?" 🤷‍♂️

⚠️ Pi Coin’s Inevitable Dump – A Perfect Storm 🌪️

All signs point to a major crash. Here’s why:
🔻 Inflated Supply: 5 billion+ Pi Coins = severe dilution.
🔻 Low Engagement: Only 0.22% of users are active.
🔻 No Real-World Use: No dApps, no major adoption.
🔻 Heavy Sell Pressure: Millions of users are ready to dump.
🔻 Trust Issues: Lack of transparency, scam concerns, and privacy risks.

🎯 Final Thoughts – Should You Sell Now?

If you’re holding Pi, you have two choices:
1️⃣ Sell now while there’s still demand.
2️⃣ Hold and risk Pi becoming worthless.

📉 The signs are clear: Pi Coin is a bubble, and it's about to pop! 💥

💬 What do you think? Will Pi survive, or is the dump inevitable? Drop your thoughts below! 👇🔥

That’s it for today! Stay updated with the latest crypto trends and insights! 🚀

🔹 Disclaimer: This post is based on publicly available data and opinions as of March 6, 2025. It is not financial advice—always do your own research before investing. 💡