Is the pi network pump and discharge? The expert explains the rumors of the accident, the intellectual response, and the rumors of fraud

The PI currency was releasing the headlines recently – not all of the correct reasons. What started as a excitement about the founder of Network, Dr. Nicholas Cocalis, spoke at the unanimity that quickly turned into confusion and controversy. The currency price rose to $ 1.60, just to crash after a short period, leaving the merchants. But this was not the end of the matter. Rumors began to spread that PI may be one of the largest fraud in 2025.
These speculation gained traction when it was revealed that more than 22,000 portfolios were not belonging to real pioneers but to the PI Core team itself. According to data tracking from the PISCAN official, approximately 10,000 of this portfolio carries two million PI coins – adding up to 20 billion PI. So what really happens behind the scenes? To clarify confusion, we talked to us Market analyst mrspockape, PI supporter, who participated in the situation.
A few weeks ago, people looked very positive about the PI network, especially after the unanimity event and the preachers of the founders. What do you think that made many people start describing it suddenly?
According to the analyst, many pioneers are new to encryption and do not fully understand how the industry works. “For this reason, they can be misleading easily through wrong or inaccurate information on the Internet. Before many pioneers announced unrealistic expectations. Some believe that Dr. Nicholas Cocalis will announce a major partnership during his speech, while others expected to reveal the official value of PI.”
The expert said that the “big advertisement” was not the purpose of its appearance. There was to participate in discussions about Blockchain and artificial intelligence. He added: “This led to confusion and disappointment among those who expected something different.”
Do you feel that people are essentially disturbed because the price has not moved, or is there something else that bothering society?
The PI price has already begun to climb after announcing that the project’s founder would speak with consensus. In fact, it increased by almost 100 %. Many PI holders were hoping for another big jump in the prices after its appearance, expecting some of the main advertisements. But instead, the opposite happened – the price decreased sharply. This sudden rise and falling people pushed people to accuse a project of being a typical “pump and emptying” scheme.
The analyst explained that many PI supporters do not fully understand how events such as consensus work. These conferences are not intended for large public advertisements. Instead, they are often related to people meeting, sharing ideas, and special conversations. In the event of any deals or partnerships, they are discussed individually and may be announced after weeks or months – or at all at all.
He added: “Therefore, the opposite reaction is often the result of misunderstanding, unparalleled expectations, and lack of understanding about the world of encryption. The project itself is still progressing, but it is important for the pioneers to remain informed and patient – and rely on official sources instead of rumors.”
There are a lot of conversations about pump and unloading activities. Why do you think that the PI team has not talked about these allegations yet?
“The PI team has already addressed modern allegations, including those related to pumps and discharge activities,” the analyst said. He also recalled the time in February 2025, the CEO of BYBIT BEN ZHou classified Pi Network at all, pointing to a warning from the Chinese police 2023 of the fraudulent plans targeting the elderly.
He explained, “In response, the PI network explained that the police report relates to the mops of people who abuse their name and that they had no affiliation with such activities. They emphasized that they were not contacted by the Chinese authorities regarding this issue and condemned any fraudulent measures implemented by bad actors who bring themselves as part of the PI network.”
Pi Coin is currently trading at $ 0.83, and now aims to break the 1 decisive sign.