Pi Network in 2025: Revolutionary Project or Masterclass in Hype?
Three years after its promised mainnet launch, Pi Network still hasn’t delivered—but its army of ’miners’ keeps growing. Why?
The mobile mining paradox: 35 million users strong, zero real-world utility. Pi’s ’value’ exists solely within its own ecosystem—a classic red flag even your CFA-spouting cousin could spot.
Behind the KYC curtain: The team touts decentralization while gatekeeping withdrawals. Nearly 80% of mined Pi remains trapped in the app, according to chain analytics.
VCs aren’t biting. Exchanges won’t list it. Yet Pi’s community argues this is all part of some grand design—not the hallmarks of a project going nowhere fast.
Meanwhile, actual Layer 1 chains are processing millions in transactions daily. But sure, keep tapping that lightning button for your ’free’ crypto.
A viral post by crypto investigatorhas triggered serious allegations against, claiming a potential—possibly the.
12M PI Tokens Dumped — Pi Coin Price Crashes Over 50%
Atlas, known for past blockchain investigations, shared blockchain data showing that overwere allegedly dumped by a.
- May 1, 2025: PI price was $0.6135
- May 12: It surged to $1.6704 (113.20% growth)
- May 14 onwards: Price dropped by 40.27%
- Current (May 20): Trading around $0.7364 — down 32.3% in the last 7 days
Atlas claims this dump aligns exactly with the price crash, indicating what he calls astrategy.
Pi Network: Boom or Bust?
, Pi Network gained rapid traction, boasting overglobally. The project finally launched its, triggering a price surge of over.
However, critics point to, no working, andas major red flags.
Atlas highlights the following concerns:
- Low number of active wallets despite 60M users
- No real adoption or utility
- Heavy reliance on a multi-level referral system
- Absence of communication around the 12M token movement
“Stop watching announcements. Watch the wallets.” — Atlas
- Also Read :
- Pi Coin News: 14M Tokens Shifted from Exchange to Wallets, Bullish Case Explained
- ,
PI Community Reacts: Testnet Migration or Insider Dump?
In response,argue the movement of tokens is a routine, not a sell-off.
But Atlas dismisses this defense, calling out the, and. He believes the project is orchestrating theof 2025.
What’s Next for PI Network?
With the price down and allegations mounting, all eyes are now on thefor clarity. Atlas has urged users to, not marketing messages, and demands.
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