Pi Network Plunges, Raising Doubts About Core Team’s Actions

Pi Network faces significant scrutiny following a price crash and allegations of insider manipulation. Users are raising concerns about the project’s leadership after reports of sell-offs by members of the Pi Community and an alleged wallet transaction from the core team. 🤨 These accusations stem from recent announcements made at Consensus 2025 regarding the network’s upgrades, which some users believe were leveraged for profit. However, others argue that these are merely normal market dynamics. The price drop has triggered a heated debate within the community, with users questioning the actions of the core team and seeking an explanation from Pi Network Co-founders. 🎤 Meanwhile, the lack of clarity on the mainnet launch date adds to the growing uncertainty surrounding the project. Despite these concerns, the network continues to evolve. The recent shutdown of its central node marks a move towards full decentralization as Pi Network implements Horizon software for improved security, performance and protocol.