The post Expert Reveals the Reason Behind Massive Price Crash appeared on BitcoinEthereumNews.com.

Altcoins The Pi Network is once again under fire following new accusations that its own core team is responsible for the recent collapse in the PI token’s price. Community expert Mr. Spock claims the developers have been offloading tokens to sustain operations, reigniting long-standing concerns about transparency and governance within the project. According to the expert, the project’s lack of active revenue sources may have forced the team to sell part of its holdings. “I’ve said many times that it’s our Core Team selling Pi because they don’t have any other source of income,” Spock wrote in a recent X post. His statement comes as blockchain data and user reports suggest that over 1.2 million PI tokens were sold in a short span, sparking widespread frustration among Pioneers. I’ve said many times that it’s our Core Team selling Pi because they don’t have any other source of income. Pi doesn’t have any real utility or anything that generates revenue, so their only option for liquidity is to sell Pi.” @PiCoreTeam 🤦 https://t.co/ZDa4MQAuUr — Mr Spock 𝛑 (@MrSpockApe) October 23, 2025 Several community members echoed Spock’s claims, noting that only the core team would possess enough tokens to drive such a steep decline. One commentator said: “No ordinary Pioneer could push Pi from $3 to $0.20 – only the team has that kind of volume.” These remarks have amplified suspicions that internal selling may be behind the prolonged price slump. 😯 Pi CT selling 1.2M $Pi yesterday. Despite such awful facts, Pioneers keep defending them. $Pi urgently needs more demand, transparency, decentralization and actual on chain products. #pi #pinetwork #picoin #minepi pic.twitter.com/pMRvKgWqZY — pinetworkmembers (@pinetworkmember) October 22, 2025 A History of Controversy This is not the first time the Pi Network has faced allegations of financial mismanagement. In 2020, former executive…

---

Filed under: News - @ October 23, 2025 11:29 am