Dr. Altcoin Warns PI Could Drop to 0.4 USD

Table of Contents

The Pi Network community is reeling from the shock of the Pi price plummeting over 50% in just a few days, dropping from a peak of $1.60 to $0.70. This severe decline comes right after the buzz at the Consensus 2025 conference, where the Pi Core Team (PCT) had promised a robust ecosystem and the full launch of Mainnet.

However, a prominent analyst in the Pi community, known as Dr. Altcoin, has raised alarming concerns about the troubling developments behind the scenes, casting doubt on the future for millions of Pi users.

Does the Pi Core Team No Longer Need Pioneers?

According to Dr. Altcoin, recent moves by PCT suggest they may no longer rely on the Pioneers—those who helped build the network from the beginning. He points out several worrying signs:

In March, PCT called on Pioneers to actively promote the project.
They claimed it would take 6 years for Pi Network to be “operational.”
Now, with funding from Pi Network Ventures, Dr. Altcoin believes the community is being sidelined.

Notably, he observes that recent announcements from PCT have completely omitted the term “Pioneers,” a move seen as a sign of a strategic shift.

Has All Pi Already Been Mined—Who Controls It?

A shocking revelation from Dr. Altcoin is that all Pi may have already been mined, with a significant portion of the supply in the hands of PCT. This contradicts the belief that users have been mining Pi over time. The analyst warns that this concentrated supply gives PCT absolute control over pricing and the market, raising concerns about the project’s decentralization.

Secret Sell-Off? 12 Million Pi in Motion

Dr. Altcoin alleges that while Consensus 2025 stirred excitement, PCT quietly sold about 12 million Pi. He describes this as a “rug pull” happening right under users’ noses, as they are distracted by promises of DApps and Mainnet updates.

However, some community members counter that there is no on-chain evidence to verify the sell-off. They argue that these transactions could simply be regular internal transfers.

Automatic KYC: Benefit or Risk?

Dr. Altcoin also expresses concerns about the new automatic KYC system, suggesting it may violate user privacy and weaken verification standards. With limited oversight, he warns that this system is prone to abuse.

Could Pi Drop to $0.40?

Given the current situation, Dr. Altcoin predicts that the price of Pi could continue to drop to $0.40. He advises users to be patient for a better entry point and urges PCT to publicly explain the recent events.

Can Pi Recover?

Not everyone is as pessimistic as Dr. Altcoin. Another cryptocurrency analyst, Mr. Spock, believes this is just a temporary correction driven by FUD (Fear, Uncertainty, Doubt) sentiment. He emphasizes the strength of the Pi community and the project’s increasing utility potential, stating, “Pi Network still holds value. Don’t panic.”

He warns that short sellers may be spreading false rumors to manipulate the market, particularly targeting new investors—who make up a large part of the Pi community.

The future of Pi Network remains a big question mark, as community trust is being tested amid controversies and volatility. Will Pi regain its growth momentum, or will Dr. Altcoin’s concerns shape the fate of this project?

(2 votes)