Pi Network is undoubtedly one of the more controversial projects in crypto. The developers launched the main network of the Pi Network in 2025 despite the doubts and skepticism from skeptics. Cryptocurrency pi appeared on the exchanges but, to the dismay of its supporters, the price began to fall rapidly almost instantly after the trading.
What is Pi Network?
Let’s start by remembering what this project is, how it was created and why so many members of the crypto-community have claimed ownership.
Pi Network, a project based on cryptocurrency technology, allows its users to mine Pi Coins using an app for their mobile device. Install the Pi Network app, and then activate it daily by pressing a button. The mining process is made accessible by this approach, which does not require expensive equipment or specialized training.
In 2018, Drs. Nicholas Kokkalis, a Stanford University professor, and Chengyao fan are the two founders of this project. The whitepaper (technical documentation) was released in March 2019, and the network’s main launch date was February 20, 2025.
The Pi Network will continue to mine until April 1, 2025. The mobile app allows users to continue mining coins, but it’s recommended they go through KYC and move their tokens onto the main network to participate fully in the ecosystem.
In this review, you can learn more about Pi Network.
Pi Network: What is wrong?
Pi Network is not without its problems.
- Dubious reporting. Data from the blockchain-explorer ExplorePi shows that only 9,11 million wallets are in use. This discrepancy makes it difficult to determine the true scale of the project.
- Pyramidal network structure. Pyramid schemes are characterized by a system that rewards new members and increases profits through the expansion of the network.
- Suspicious application activity. Some users have complained about large amounts of advertising in apps, the possible misuse of processing power on their devices without consent and instances where passwords were stolen.
- High token inflation The information in this article should only be used for educational purposes and not as financial advice. This article is not intended to provide enough information for making investment decisions. It also does not constitute an invitation, recommendation or offer to purchase or sell financial instruments. CryptoNewsBytes.com does not endorse the content of this article. It is solely an opinion. The author confirms that he has not received or held any tokens mentioned above, nor have he been given any incentives by any companies. Pi coin supply is growing rapidly, and this could cause the token to lose value in the near future.
- Unmet investor expectations. Many users have problems withdrawing money and converting Pi coin into other crypto currencies or fiat currency, despite the launch of main network. The frustration is a result of this, and there are doubts as to the viability of the Pi project in the future.
Pi Network’s reliability and future are questioned by the crypto-community due to the combination of factors that have raised concern.
Pi Forecast: Is Pi Network profitable?
Rafael Mamin is the CEO of Minerstream. He believes Pi Network (PI), despite its integration with Telegram’s crypto wallet, remains a controversial venture. The token has not reacted at all to these developments, which could have catalyzed its growth.
Pi Network is an asset that has been the subject of speculation. The spikes in the past Today’s LightBlue Viral Level have been more indicative of short-term manipulation rather than sustained growth. Even the current lackluster market response to these significant events is telling: Without a clearly defined economic model, and full liquidity, Pi will remain more an idea rather than a fully-fledged investment instrument,” warned Rafael Mamin.
Our interlocutor thinks that the integration with Telegram strengthens the presence of the project, but does not ensure long-term viability unless real mechanisms are followed for the use of the token. It is therefore too soon to expect a positive global trend. Pi Network remains, according to the experts, in a zone of high risk. Speculative fluctuations are not likely to change this overall situation.
Alex Ryabi, an analyst from the Pi Network team, joined in on the conversation. The project, he believes is nothing but another attempt to “create tokens for people and overthrow corporates.”
The main issue with tokens of this type is the monetization. How is the token-issuing company going to make money? Why is it that this token exists, if not to enrich people from thin air? Alex described the problem as “the answers are vague and unconvincing”.
Alex Ryabi brought attention to the token’s position on the 26th list of cryptocurrency capitalization. Pi will continue to lose ground, and this is why.
Only 7% of total stock has been circulated. Inflation will then be around 14,300%. We can therefore conclude that you could earn money on the platform. You should never invest any money. He summarized the forecast as $0.1 (-86 %)”,).
The conclusion of the article is:
The future of Pi Network is questioned by experts. Interlocutors pointed out that Pi is subject to a high inflation rate, which could devalue the coins already in circulation. Experts also brought up the platform’s unclear mechanics and questionable reputation. According to them, investing in Pi Network is a high-risk venture. Pi’s forecast is a rather negative one. Investors in cryptocurrency are not likely to make money.
