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Pi Network’s Centralization Risks Spark Terra Luna Collapse Fears
Pi Network’s Centralization Risks Spark Terra Luna Collapse Fears
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network faces mounting scrutiny as analysts compare its situation to the Terra Luna collapse. A viral analysis by Marcin Szymanski reveals a critical vulnerability: 89% of Pi’s 100 billion tokens are locked in a single wallet, with only 7.1 billion in circulation. This extreme centralization echoes conditions before Terra’s downfall.
Major exchanges continue to avoid listing Pi due to transparency issues, labeling it the "riskiest altcoin" in its current state. The project’s future depends on two key factors: presenting a credible roadmap and undergoing a verifiable audit. Without these steps, Pi could become another cautionary tale in crypto’s volatile history.
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