{"id":6832,"date":"2025-05-20T13:29:00","date_gmt":"2025-05-20T12:29:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6832"},"modified":"2025-05-20T12:31:52","modified_gmt":"2025-05-20T11:31:52","slug":"pi-network-price-crash-reasons","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pi-network-price-crash-reasons\/","title":{"rendered":"Pi Network Price Crashes : What\u2019s Really Driving the Decline ?"},"content":{"rendered":"\n

Sharp Dive for PI Network : Concerning Figures<\/strong><\/h2>\n\n\n\n

The Pi Network token (PI)<\/a> is experiencing a steep drop, plummeting from $1.67 to just $0.72<\/strong>, marking a more than 57% decrease<\/strong> in a few days. This downfall wipes out over $4.2 billion in market cap<\/strong>, leaving only $5.14 billion.<\/p>\n\n\n\n

This plummet raises serious concerns<\/strong> about the health of the Pi Network project and the transparency of its leadership team. Once touted as a democratic and accessible alternative cryptocurrency<\/a>, Pi Network is now facing an unprecedented crisis of confidence.<\/p>\n\n\n\n

Manipulation Accusations : Is Trust Broken ?<\/strong><\/h2>\n\n\n\n

Investors are alarmed by revelations of significant transfers<\/strong> of tokens between wallets linked to the Pi Foundation. According to crypto analyst “Dr. Altcoin,” over 700 million PI tokens have reportedly been moved from “Pi Foundation 3” wallet to “Pi Foundation 2” in just 4 months.<\/p>\n\n\n\n

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Need evidence !?

Five months ago, 5.4 billion Pi coins were transferred from the Pi Foundation 1 wallet to the Pi Foundation 3 wallet. Over the past four months, nearly 700 million Pi were transferred from the Pi Foundation 3 wallet to the Pi Foundation 2 wallet in batches\u2026
pic.twitter.com\/VsjuoKT2cb<\/a><\/p>— Dr Altcoin (@Dr_Picoin) May 19, 2025<\/a><\/blockquote>