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70 million users scammed? The shocking truth behind Pi Network exposed!

Once hyped as a $100 million venture capital fund, Pi Network ultimately became a tool for harvesting profits. After years of promises, artificial intelligence has yet to materialize, and decentralized applications are even more 'nonexistent,' leading many early users to lose confidence!

The official launch of 'Pi Network Ventures' was supposed to bring hope, but instead, it caused total chaos in the community. Many long-time users have seen their rewards delayed, the promised tokens remain out of reach, and the effort invested seems wasted.

Starting with KYC delays in 2021 to the endless postponement of the mainnet launch, and the unfulfilled promise of 100 DApps, people have begun to question where the funds have actually gone?

After the recent surge in coin prices followed by a rapid crash, dropping to $0.8, the trust of 70 million users collapsed overnight. Some angrily criticized the Pi team: 'The pioneers are the foundation of the project, yet the team chooses silence.'

Summary: Pi Network, which has failed to fulfill its promises, is destined for a rapid collapse. Wake up and be careful, don't be a bag holder anymore!

Pi, whales are continuously buying in. With the official release of the ecosystem on May 14, the price of Pi has been steadily rising. Those who understand are quietly accumulating coins, while those who don't call it a scam or a pyramid scheme!

In recent days, I've seen some coin friends express different opinions about the altcoins I mentioned, asking about FIL and others. Personally, I believe that established altcoins like FIL, EOS, and so on are coins that have been abandoned by institutions. They have already cashed out at high prices and left. These coins once had high prices, which causes your resentment, and you still hold fantasies about them. To put it bluntly, take FIL as an example: there are those who bought in at 100, 80, 60, 40, 30, and 10. These buyers are all retail investors and newcomers because they don't understand the market when they first enter. They only hear that coins like FIL and EOS are relatively famous, so they buy in blindly, only to find themselves trapped. When analyzing why institutions don't push the prices up, it's because there is too much resistance. There are too many people trapped, and many have been waiting for years to break even. Once they reach the cost price, they will sell immediately. Do you know how much capital is needed to push it to 100? Look at the monthly charts; which coin has not risen higher and fallen slower than these established coins? Bitcoin fell from 15,000 and rose to nearly 110,000. Bitcoin's current price is still over 80,000. What about this round for FIL? It peaked at 11 and quickly fell back to its original state. Now its price is just over 2! Many other altcoins have risen three to four times this round! I won't go into specifics about others; just a brief mention! The only criterion for buying these established coins is when there’s huge volume on the monthly chart for several months! That means institutions have received favorable news and have built positions in advance!

If you agree with my views, like and follow! This is purely my personal opinion; feel free to express your disagreement.