• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Coin
  • Exchanges
    • Cex Listing
      • Cex Spot
      • Cex Derivatives
    • Dex Listing
      • Dex Spot
      • Dex Derivatives
    • EdaFace Dex
  • Verification Centre
    • Scam Verification
    • List Your Projects
    • EdaFace Launchpad
  • Marketplaces
    • NFT Marketplace
    • Blockchain Literature
    • EdaFace Mall
    • P2P Market
    • Metaverse
  • EdaFace Academy
    • School of Cryptocurrencies
    • EdaFace Newsfeed
    • Digital Clinic
    • EdaFace Tutor
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Coin
  • Exchanges
    • Cex Listing
      • Cex Spot
      • Cex Derivatives
    • Dex Listing
      • Dex Spot
      • Dex Derivatives
    • EdaFace Dex
  • Verification Centre
    • Scam Verification
    • List Your Projects
    • EdaFace Launchpad
  • Marketplaces
    • NFT Marketplace
    • Blockchain Literature
    • EdaFace Mall
    • P2P Market
    • Metaverse
  • EdaFace Academy
    • School of Cryptocurrencies
    • EdaFace Newsfeed
    • Digital Clinic
    • EdaFace Tutor
Reading: Accusations of Rug Pull Resurface as Token Sheds $18 Billion in Six Months
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Accusations of Rug Pull Resurface as Token Sheds $18 Billion in Six Months
Crypto News

Accusations of Rug Pull Resurface as Token Sheds $18 Billion in Six Months

vitalclick
Last updated: October 6, 2025 3:15 am
3 hours ago
Share
SHARE

Contents
Questions Over TransparencyAdoption HurdlesWhat Lies AheadTrust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:Share this crypto insight with your network!
Can the Pi Network Price Hit Zero

Bitcoin has climbed above $123,600 and Ethereum is steady above $4,500. XRP also trades close to $2.96. Pi Network, however, has not followed the market’s recovery. The token now trades around $0.26, a sharp fall from its February high of $2.98. The drop has erased more than $18 billion in value in half a year.

The losses have triggered anger among Pi’s community. Some now question whether the project can survive. Crypto commentator Mr. Spock went as far as calling the collapse “basically a rug pull.” Many users have mined Pi for years with little to show, while a small group still believes in a fixed price of $314,159 per coin, a claim most experts reject.

Questions Over Transparency

Pi has also faced criticism over its handling of supply and migration. Changes to token release rules have raised fears that the team may be stretching out supply to keep users engaged. Critics argue the project lacks clarity on fundraising, the Pi Foundation’s role, and whether insiders have sold tokens privately. These doubts weigh heavily on the project’s credibility.

Adoption Hurdles

Institutional adoption also looks distant. Pi says more than 14 million users have passed KYC, but concerns over data leaks and inflated numbers remain. Without stronger safeguards and transparent figures, exchanges and institutional players are unlikely to commit. Until then, Pi risks falling further behind as other projects grow.

What Lies Ahead

The Pi Network continues to describe itself as a “people’s cryptocurrency.” Yet without exchange listings, improved transparency, and clearer tokenomics, its long-term outlook remains uncertain. For now, Pi trades at the edge of the market, leaving its users to question whether their efforts will ever pay off.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Share this crypto insight with your network!

You Might Also Like

2 of them 1! SEC’s new face was hope for crypto currencies: bomb descriptions

Vitalik Buterin Reveals What’s Better for Ethereum

Last minute: Trump’s statements, the USA joined the Israeli-Iran war tonight

Bitcoin Whales’ Profits Plummet! Is the Bull Run Losing Steam?

How to Shop on EdaFace Mall Using EDA Coin – Part 2: Checkout & Payment

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article Ethereum Trader Who Made $69 Million From Shiba Inu Buys $450,000 Into This Presale At $0.015
Next Article Bitwise Strategist Praises XRP Army, Discusses Ripple-SEC Case and Price Outlook
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?