Pi Network News: Why Pioneer’s Think Pi is ‘Dead’ Amid 10% Price Crash

Pi Network is once again under fire as community members raise new concerns about adoption, token supply, and transparency.

In a recent post, one Pi supporter argued that the excitement around Pi Coin has largely faded. According to the user, upgrades and development alone may not be enough to push the price higher. They believe Pi Network now needs major partnerships with companies such as Amazon or Uber that could actually use PI in real-world transactions.

The comments come as investors continue debating whether Pi Network can deliver meaningful utility after years of development.

Is Supply a Problem?

Users also raised concerns about Pi’s tokenomics and future supply. He noted that roughly 4.5 billion Pi tokens are currently circulating out of a maximum supply of 100 billion tokens. In his view, the current circulating supply represents only a small fraction of what could eventually enter the market.

They questioned what could happen to the price once more tokens are unlocked, suggesting that increasing supply without matching demand could put pressure on Pi Coin’s value. He also criticized the project’s progress, arguing that after nearly eight years of development, the team has yet to build a major utility capable of driving widespread adoption.

While Pi supporters continue to point to future ecosystem growth and development plans, the latest comments highlight ongoing concerns around utility, adoption, and long-term value. For now, the debate over Pi Network’s future remains as active as ever.

Pi Network: New Transparency Concerns Surface

Community member AmrOnChain also questioned Pi Network’s funding model. He claimed on-chain data shows Core Team wallets moving millions of PI tokens to exchanges and wondered whether those transfers are adding selling pressure. He also asked why the recently announced $100 million Pi Ventures fund would need fiat funding if PI is meant to power the ecosystem. 

According to him, developers and community projects could potentially be rewarded directly in PI. While he made no accusations, he called for greater transparency around treasury management and ecosystem funding. 

What about Pi Price?

Pi Coin remains under pressure after falling nearly 10% this week and losing the key $0.13 support level. Although PI bounced from its all-time low near $0.118, the recovery remains weak. 

Bulls need to reclaim $0.137 and eventually break above $0.168 to regain momentum. Otherwise, a drop below $0.118 could open the door to a move toward $0.10.