{"id":7160,"date":"2025-05-22T12:45:00","date_gmt":"2025-05-22T11:45:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7160"},"modified":"2025-05-22T11:31:58","modified_gmt":"2025-05-22T10:31:58","slug":"pi-network-pyramid-scheme-or-legit","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/pi-network-pyramid-scheme-or-legit\/","title":{"rendered":"Pi Network : Innovative Crypto Project or Pyramid Scheme ? The Expert Verdict"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-meteoric-rise-and-dizzying-fall-of-pi-coin\"><strong>The Meteoric Rise and Dizzying Fall of Pi Coin<\/strong><\/h2>\n\n\n\n<p>What started as enthusiasm around the participation of <a href=\"https:\/\/investx.fr\/pt\/noticias-cripto\/pi-network-queda-bitcoin-novo-recorde\/\">Pi Network<\/a> &#8216;s founder, Dr. Nicolas Kokkalis, at Consensus quickly turned into <strong>confusion and controversy<\/strong>. The token price soared to <strong>$1.60<\/strong>, only to crash later, leaving <a href=\"https:\/\/investx.fr\/en\/trading\/crypto\/\">traders<\/a> puzzled. But this was just the beginning of <strong>Pi Coin&#8217;s woes<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8 Pi Network is the biggest RUG of 2025<br><br>Someone just dumped 12M tokens in a few hours, crashing the price by 50%<br><br>I spent 32 hours digging into the truth &#8211; and what I found shocked me<br><br>Here\u2019s how $8B project is scamming holders &#8211; and their secret plan \ud83d\udc47\ud83e\uddf5 <a href=\"https:\/\/t.co\/AChCH41kQJ\">pic.twitter.com\/AChCH41kQJ<\/a><\/p>&mdash; Atlas (@crptAtlas) <a href=\"https:\/\/twitter.com\/crptAtlas\/status\/1924544693427474703?ref_src=twsrc%5Etfw\">May 19, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Speculations escalated when it was revealed that over <strong>22,000 migrated wallets<\/strong> did not belong to genuine pioneers but to the Pi core team. According to Piscan Official tracking data, nearly <strong>10,000 of these wallets<\/strong> held <strong>2 million Pi<\/strong> each, totaling an astonishing <strong>20 billion Pi<\/strong>. What lies behind these troubling figures?<\/p>\n\n\n\n<p>To learn more, we spoke with market analyst MrSpockApe, a long-time Pi advocate. According to him, many pioneers are crypto novices and do not fully understand the <strong>industry&#8217;s workings<\/strong>. &#8220;As a result, they are easily misled by false or inaccurate information circulating online.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8 Bybit Faces Backlash from Pi Network Community! \ud83d\udea8<br><br>After CEO Ben Zhou&#39;s harsh criticism of Pi Network, the Pioneer community responded with a powerful counterattack! \u26a1\ud83d\udd25<br><br>\ud83d\udcc9 Bybit&#39;s rating on Google Play Store has dropped from 4.2\u2b50 to just 2.7\u2b50, as angry Pioneers flood the\u2026 <a href=\"https:\/\/t.co\/R34YxrFBPT\">pic.twitter.com\/R34YxrFBPT<\/a><\/p>&mdash; Cryptoleakvn (@cryptoleakvn) <a href=\"https:\/\/twitter.com\/cryptoleakvn\/status\/1902415172775637077?ref_src=twsrc%5Etfw\">March 19, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The Pi Network team indeed responded to the recent allegations, including those related to pump-and-dump activities. They particularly recalled the moment when, in February 2025, <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/exchange\/bybit\/registration\/\">Bybit<\/a>&#8216;s CEO, Ben Zhou, publicly <strong>branded Pi Network as a &#8220;scam&#8221;<\/strong>. He referenced a <strong>2023 Chinese police warning<\/strong> on scams targeting the elderly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"does-pi-network-still-have-a-credible-future\"><strong>Does Pi Network Still Have a Credible Future?<\/strong><\/h2>\n\n\n\n<p>Currently, Pi Coin is trading at <strong>$0.83<\/strong> and is now aiming to break the crucial $1 mark. Despite the recent upheavals, the <strong>future of Pi Network<\/strong> remains uncertain as the community speculates on the direction this crypto will take.<\/p>\n\n\n\n<p>In the volatile world of <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/\">cryptocurrencies<\/a>, it is essential to stay cautious and informed to make informed decisions. To learn more about this matter and monitor market developments, stay tuned to Coinpedia, your continuous source of information on the crypto world.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/en\/visit-weex\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy altcoins on Weex and earn up to $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-breaks-resistance-0-40-target\/\">Dogecoin Breaks Key Resistance : Is $0.40 Within Reach This Week ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/pi-network-soars-bitcoin-all-time-high\/\">Pi Network Soars 15% as Bitcoin Hits All-Time High<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-new-all-time-high-reasons\/\">What\u2019s Fueling Bitcoin\u2019s Climb to a New All-Time High Today ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Pi Network project captivates millions worldwide. Beyond the allure of a free and groundbreaking crypto lies potential concerns: questionable economic model, lack of transparency, and susceptibility to manipulation. Delve into an expert analysis unveiling the true face of Pi Network.<\/p>\n","protected":false},"author":38,"featured_media":7158,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"pi network","_yoast_wpseo_title":"Pi Network : Pyramid Scheme or Legit Crypto Project ?","_yoast_wpseo_metadesc":"Is Pi Network a scam or a revolution in crypto? Dive into expert analysis, red flags, and what it means for investors and users.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-7160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pi Network : Pyramid Scheme or Legit Crypto Project ?<\/title>\n<meta name=\"description\" content=\"Is Pi Network a scam or a revolution in crypto? 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