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$PI The baiting pump is over; a long period of drifting downward is about to begin.
In a single day, the project team painted big promises with a big pie to fool everyone, and in the end they fooled themselves. Now they’re still saying the future is bright—either they’re idiots or they’re shills. In the future, $0.1 will be a dream that feels out of reach. Go look at the daily, weekly, and monthly lines—this isn’t a normal blockchain project; it’s even worse than a knockoff. Still waiting for institutions and big funds? Even institutions and big funds are afraid that the “old four couple” will have him hung up on the mountaintop.
The market is always right. If you get beaten, then stand at attention. Take this as a lesson—don’t spend every day fooling yourself and then fooling others. Wake up. Forget what “it” is supposed to do—go do what it should do. Check back after a while and see how it turns out. If you can save one person, then save one person.
1. Unclear $10 billion+ asset movements
The official-only controlled 20 billion Pi fund pool has seen long-term,持续 large-amount withdrawals flowing to exchanges. The on-chain anomalies are clear, with no public disclosures or explanations throughout the process.
2. Suspected precise trading and dump
After large transfers from official wallets, the market inevitably drops in sync. This pattern has repeatedly matched with precision, which is far from coincidence—there are strong suspicions of cash-out manipulation.
3. Silence throughout the face of scrutiny
As users across the internet collectively question where the funds went and what they were used for, the official provides zero response and zero disclosure, completely violating the underlying rules of blockchain transparency.
4. Long-term neglect of users’ core entitlements
Many early users have been unable to KYC and unable to map for four years. Appeals are ineffective and services have stalled. The official does nothing, seriously damaging early users’ rights and interests.
No implementation, no transparent finances, no explanation for trading manipulation, and no resolution to user issues.
Pi’s biggest crisis is not a bad market—it is the official’s continued avoidance of the questions, which has completely drained the community’s trust.