Internal sales claims Pi NetworkHe made a heavy shadow on. Blockchain researcher Atlas, 12 million PI Coin’s project team from a wallet was transferred to the stock markets and the price of exceeding 50 percent of the price of this movement took place simultaneously. The network, which has grown with the interest of 60 million users, has shook the PI, which has been rapidly valued since the main network launch, overnight and the community panicked. So the most sensational of 2025 Altcoin project Indeed, can he face an escape scenario of an $ eight billion?
12 million PI Coin transfer led the project to doubt
Traded at $ 0.61 at the beginning of May PıHe made a two -digit leap on May 12th to $ 1.67. According to the internal data compiled by Atlas, it was found that the main wallet, which was alleged to be connected to the team on the same dates, transferred 12 million PI to the stock market. In those days when the total market value was calculated as eight billion dollars, this size opened the door to the “Pump -fed pump” comments in the market. The researcher’s call, not the announcements, not announcements, was shared thousands of times on social media.
Only forty -eight hours after the break PI Coin Price It fell over 40 percent. As soon as the news is prepared, it is traded in the $ 0.73 band. New investors, which are released with a flashy rise, have been surprised by the harsh correction.
Atlas described elements such as the timing of Coin transfer, wallet matches and lack of official explanations as a “classic crypto currency pump-dump” scheme. According to the researcher, Pi Network used the mass adoption as a showcase and planned sales behind the scenes.
The Pi Network community was divided into two: migration or dump?
Pi Network community defends Coin transfer from the test network to the main network routine migration. At this point, the team points to the road map of the team reminds us that such transitions are included. According to them, the PIs transferred were not sold, only the Blockchains were moved between the Blockchain during the migration process. They connect the price decrease to the general volatility of the market.
The critical approaching wing does not find this statement convincing. As a matter of fact, the closed welding code emphasizes that the lack of confidence is high by pointing to factors such as zero of the number of Dapps that works yet and the active wallets are quite low compared to the total number of users. Moreover, the wallet that performs the transfer Pi Core While the internal relationship with his team is clearly in the middle, the discourse of “routine” is not enough to distract suspicions. Atlas and its supporters reiterate the insistence and independent audit call on the view that “community funds are melted quietly”.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
