Advertise
Sohrab Khawas
Sohrab Khawas
Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- May 16, 2025 06:06 UTC
-
Pi Network Might Crash Like Terra Luna : Analyst Raises Red Flags Over Centralization
-
PI $ 0.8743 (0.85%) 
89% of Pi’s token supply is controlled by the core team, raising fears of a centralized dump similar to the Terra Luna crash.
With no audits, limited exchange support, and full pre-minting, Pi Network is now seen as one of the riskiest projects in crypto.
Pi Network is under scrutiny as more red flags come to light. In a viral thread that’s lighting up the crypto community, analyst Szymanski has sounded the alarm on Pi Network, warning that its highly centralized structure and lack of transparency could lead to a catastrophic crash.
89% of Pi Coins Held by the Core Team: A Ticking Time Bomb?
Szymanski reveals a shocking statistic: out of the 100 billion Pi tokens that will ever exist, 89 billion are still in the hands of the Pi Core Team. With only 7.1 billion currently in circulation and a total supply of 11 billion, this means a staggering 89% of the supply is controlled by a single entity.
That level of centralization raises serious red flags. If the team were to offload a large portion of their holdings—intentionally or due to internal conflict—the price of Pi could crash overnight, similar to the historic Terra Luna meltdown.
Szymanski warned that if the Pi team suddenly sold off their massive holdings, it could send the price crashing—just like what happened with Terra Luna. He also pointed out that with so much power in one place, even a hack or one bad actor could wreck the entire project.
No Mining, No Audits, No Major Listings
Szymanski didn’t stop there. He highlighted multiple structural flaws:
- Pre-Minted Supply: Unlike Bitcoin, all Pi tokens are pre-minted and stored in a centralized wallet.
- No Audits: The project has never been independently audited, fueling mistrust.
- Exchange Snub: Major platforms like Binance and Coinbase have steered clear of listing Pi due to its opaque and centralized setup.
- Also Read :
- Pi Network News: Can Pi Coin Hit $2.50 in Coming Months?
- ,
Can Pi Network Still Recover?
Despite the criticism, Szymanski offers a potential way forward. He suggests that Pi Network could still redeem itself by publishing a transparent roadmap, opening up to third-party audits, and proving its legitimacy.
Until then, he warns investors to “DYOR” (Do Your Own Research) and approach Pi with caution, labeling it one of the riskiest bets in crypto today.
Is Pi Network Collapse Waiting to Happen?
With billions of tokens under tight control, no public audits, and limited exchange support, Pi Network stands at a crossroads. Will the team step up and earn the community’s trust—or will Pi implode under its own weight?
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
While Binance and Coinbase have teased a potential Pi Coin listing, no official confirmation has been given, causing uncertainty among investors.
Pi Network faces criticism for centralization, lack of audits, pre-minted tokens, and absence from major crypto exchanges.
As of May 16, 2025, Pi Network (PI) is priced at approximately ₹73.88 in India.
Yes 
No 
