PI Network’s Volatile Price Movement Sparks Concerns Over Team’s Future Commitment
PI Network experienced a dramatic price surge from $0.40 to $1.60 following HYPE around its Consensus event and a $100 million fund announcement, only to see a sharp decline shortly after, disappointing investors.
Analysts suggest the PI Core Team may have manipulated community sentiment to artificially boost the token’s value before selling off significant holdings. The project is now under scrutiny as rumors circulate about a potential quiet exit by its developers.