""Crash of Pi Network: the coin loses over 40% of its value amid fraud suspicions""

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On May 23, 2025, the crypto industry once again found itself in the spotlight — this time due to a sharp collapse in the price of Pi Network (PI), which triggered a wave of concern among investors and analysts. The value of the token plummeted by more than 40%, dropping to $0.85, and now the project is shrouded in suspicions of possible fraudulent schemes.
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Pi Network, positioning itself as "the accessible cryptocurrency of the future", has long attracted the attention of the general public due to the ability to mine using mobile devices. With a low entry threshold and an active marketing campaign, the project has managed to gather a multi-million community of users worldwide. However, since the launch of the mainnet (, questions have begun to arise around the project related to transparency, the real value of the token, and the lack of a clear development plan.
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The crash in quotes was a shock for community members. Many of them began to openly express their dissatisfaction on social media, pointing to the lack of a clear economic model and the limited ways to use the token. At the same time, some analysts do not rule out that the current crisis may be a result of manipulation or internal sales of tokens by the project's developers, which has intensified concerns about the Pi Network team.
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Experts warn: despite the attractive concept, investors should approach such projects with caution, especially in conditions of a lack of reliable information and limited oversight from regulatory authorities. The community is currently awaiting an official statement from the developers, however, at the time of publication, materials from the Pi Network team are absent.
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If the situation does not clarify in the near future, Pi Network risks losing the trust of users completely, and its downfall could become another example of how quickly the reputation of a crypto project can collapse without a stable foundation and transparency.

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