Pi Network Token Loses $18B Market Value in Six Months

Pi Network’s token plunged over 90%, erasing $18 billion in value by October 2025, amid accusations of a “rug pull” and absent official statements addressing transparency concerns.

This collapse questions Pi Network’s transparency and tokenomics, stirring community dissent, while major cryptocurrencies like BTC and ETH remain stable, unaffected by any regulatory scrutiny.

Pi Network Loses $18B in Market Value

Pi Network experienced a catastrophic market value drop, erasing $18 billion in six months. Accusations of a rug pull have surfaced, though no official statements have been made. Founder Dr. Nicolas Kokkalis and the Pi Network team have remained silent on these issues, maintaining a low profile during this crisis.

“The market reaction indicates growing concerns over Pi’s tokenomics and liquidity.” – Anonymous crypto analyst

Community Skepticism Grows Amid Token Collapse

The collapse has sparked intense debate among users, leading to public skepticism. Institutional involvement is absent, and no major institutional rescue attempts are in play. The market reaction underscores growing caution in cryptocurrency investment, as trust erodes with unaddressed regulatory concerns and a decline in user confidence.

Lack of Governance Echoes Past Crypto Failures

The situation mirrors past cryptocurrency fallout where lack of governance and transparency caused asset crashes. Unlike direct security breaches, the Pi Network’s challenges stem from management and logistical issues. Without corrective measures, similar projects may face similar scrutiny and potential market exit risks.