Pi Network Community Outcry Over Missing Tokens Post-KYC Verification

Pi Coin has dropped roughly 4% in the past day, now trading slightly above $0.60. The token briefly surged to $1.70 in mid-May fueled by anticipation of a major Pi Network announcement, but those gains quickly disappeared. Market sentiment has shifted from Optimism to caution as traders reassess Pi's short-term potential.

The Pi community is growing increasingly frustrated as many users report empty wallets despite completing KYC and migration procedures. The Pi Core Team's security advisory—meant to provide reassurance—has instead sparked accusations of mismanagement and unnecessary delays. "This feels like a scam," one user stated, reflecting widespread dissatisfaction.

The team's tweet advising pioneers to verify wallet URLs did little to calm tensions. With migration problems persisting and trust deteriorating, Pi Network faces intensifying pressure to address these operational issues with greater transparency.