When Pi Network Trips While Bitcoin Dances: Crypto Drama Unfolds 🍿

In brief, and not without irony:

Pi Network (PI), that once hopeful star, has stumbled by 3% in a single week—perhaps burdened by a flood of newly freed tokens and the deafening silence from the titans of exchange.
While some prophets of finance peer into their crystal screens with cautious optimism, others caution that this rollercoaster might spill more than thrilling losses upon its passengers.

The Green Tide That Left Pi Behind

The grand carnival of cryptocurrencies has been on a pleasant ascent these past weeks. Bitcoin, that stubborn behemoth, ascended nearly 10%, boasting a handsome crown near $95,000. Ethereum, ever ambitious, climbed an even loftier 11.5%. Most of the elite 50 tokens joined this dance of prosperity—save for one humble participant: the Pi Network, whose token lingers languishing near $0.61, slipping 3% in seven days and suffering an 18% fall in a fortnight.

The troubles began as April matured, just when nearly 7 million tokens were unleashed into the wild. These unlocks did not cease but multiplied in the weeks that followed, promising a torrent of over 230 million tokens within the coming month. The infamous day of record, April 30, shall witness 11.3 million tokens set free—like caged birds suddenly flapping to escape.

Such mass releases usually rouse the sellers from their slumber, eager to claim their riches after an enduring wait. While some may cling stubbornly, the shadow of a stampede looms large—an exit not unlike a throng fleeing a fire.

Adding to Pi’s woes is the cold shoulder from the great exchanges. Gate.io, OKX, and Bitget embrace it, yet the mighty Binance and Coinbase linger aloof. Binance once asked its denizens if they wished to see Pi within their halls, receiving an emphatic “yes” from 85%, though no herald followed this vote.

Visions of the Future: Pipes or Dreams?

Despite these setbacks, a chorus of hopeful voices arise from the ether of social media. MOON JEFF, a familiar oracle in these parts, dares to whisper that PI might ascend to the coveted $1 summit. Curiously, he once dubbed Pi a “slow rug,” a slow-motion disappointment, dubbing that lofty dream as just that—a dream.

Kuzo, another sceptic, offered a bleaker prophecy: PI “doesn’t look good” after his month-long scrutiny. His parting words are grim, warning that many will lose fortunes—millions, even billions—that the catastrophe would exceed imagination’s pale horror. To those still clutching their tokens, a counsel: choose your fate wisely, for the storm may yet rage.

“People will lose millions or even billions of dollars. It’s worse than you could’ve imagined. If you’re still holding, think twice. I’ll drop my investigation soon, make sure you’re following.”

2025-04-28 17:16

The Green Tide That Left Pi Behind

Visions of the Future: Pipes or Dreams?

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