The post Analyst Warns Pi Coin Price Crash Amid Lack of Transparency & Insider Concerns appeared on BitcoinEthereumNews.com.

Pi coin price is on track for further downside until August, according to a popular crypto analyst. He cited the ongoing lack of transparency and insider sales, which have dragged the Pi Network token down by 60% from its highest point in May.  Pi Coin Price Could Crash Amid Transparency Concerns Pi coin price today trades at $0.6800, its lowest level since May 17, and could continue its downtrend in the next few months. In an X post, Dr. Altcoin, a popular Pi analyst, warned that it may crash to $0.40 by August. Such a move would imply a 40% drop from the current level. He cited the lack of transparency from the Pi Core Team, which is led by its founders, Nicolas Kokkalis and Chengdiao Fan. He said: “No investor wants to put money into something where the founders refuse to be transparent.” Dr. Altcoin, who has over 46k followers on X, has moved from being an enthusiast of the Pi Network to a big critic. In recent statements, he has asked the Pi Core Team and the Pi Foundation to be transparent on their token sales.  He has also been critical about Pi’s centralization as the Pi Foundation holds over 90 billion in over 2,000 wallets. This centralization explains why top exchanges like Binance and Coinbase are yet to list it despite its popularity among users. Other analysts have also sounded an alarm about centralization, citing the single point of failure risk. For example, the value of Pi would crash if hackers had unauthorized access to these wallets.  Pi Coin price has other risks. Millions of Pi tokens are being unlocked each month, increasing supply at a time when demand is not rising. 272 million coins will be unlocked in June and 1.53 billion in the next twelve…

---

Filed under: News - @ May 31, 2025 12:24 am