Investors Turn Their Backs on Pi Network: 3 Signs of a Growing Exodus

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Ah, Pi Network… it was supposed to be the revolution in the crypto world, yet here it is, failing to even keep pace with the bull market that has sent other cryptocurrencies soaring into the stratosphere. While others are scaling new heights, Pi Coin (PI) has chosen the opposite path, diving to an all-time low earlier this month. A perfect metaphor for investor sentiment: not only has confidence taken a hit, it seems to have left the building entirely.

Despite touting its community-driven ambitions and a user base larger than the population of some countries (over 60 million, if you’re curious), signs of abandonment are growing. Could this be the beginning of the end for the network? Only time-and a bit of logic-will tell.

Pi Network in Trouble: 3 Signs You Need to Watch

First on the list of ominous signs is the dramatic increase in the supply of Pi coins on centralized exchanges. According to the ever-reliable PiScan, more than 409 million Pi coins were sitting on exchanges in the second week of August, a new high. The implications? Holders seem to be flocking to exchanges, possibly in hopes of liquidating or cutting their losses. And if history serves as a guide, such surges are often followed by a wave of selling. Oh joy, right?

And just to make matters worse, Pi Network plans to unlock 166.5 million tokens over the next 30 days. Yes, you heard that right. More tokens flooding the market-because who wouldn’t want more of something that’s already plummeting in value?

On top of that, CoinGecko’s data points to a 36.4% drop in Pi Coin’s price over the last two months. If you’re keeping score, that makes Pi Coin the crypto world’s top loser. A title that’s hard to celebrate.

Secondly, the once-celebrated retail interest in Pi Network is rapidly waning. A quick glance at Google Trends reveals that Pi Network can’t even compete with the buzz surrounding altcoins anymore. That’s right, the enthusiasm that once engulfed Pi has been eclipsed by the flashy appeal of other cryptocurrencies. Seems like the honeymoon phase is officially over.

In fact, the initial hype over Pi’s mobile-mining gimmick and open network launch now feels like a distant memory. Other altcoins have stolen the spotlight as the “altcoin season” fever takes hold. Pi? It’s just… there, drifting along in the background like the forgotten middle child at a family reunion.

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And let’s not forget the ongoing circus surrounding Pi Coin’s Global Consensus Value (GCV). One particularly disillusioned Pioneer, going by the ever-intriguing pseudonym “Mr. Spock,” recently lamented that the community’s inflated valuation of Pi has led many to believe that they’re sitting on a goldmine. Spoiler alert: they’re not. As the price tumbles, these ‘rich’ pioneers aren’t buying in because, well, they’re already rich-right?

“We still have GCV pioneers holding only 5 Pi who think they are rich, yet they are not helping us. They are not buying Pi at $0.40 because they believe they are already rich, and they say that’s not real Pi on exchanges, even after KYB, despite us already being in the open network,” he wrote.

So, with all of these signs stacked against it, the future of Pi Network looks… a little bleak. Unless some drastic, earth-shattering changes occur, it seems that the Pi Network’s roadmap is headed straight for a dead-end. But hey, at least they have 60 million users to distract them while the ship slowly sinks, right?

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2025-08-15 12:32