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$PI The listing is too early. After the ecosystem has built up a small scale, only then should it be listed—its price will never be so lackluster.
The project team independently controls a dedicated asset pool of 71 billion Pi coins. It does not belong to users’ mining shares, does not fall under ecosystem reserves, and is completely managed by the official alone.
Within two years, dozens of times there were highly consistent abnormal trading-manipulation playbooks: the official Twitter and self-media first released update announcements to generate hype and create anticipation, then immediately the core team’s associated wallets transferred millions of Pi coins in bulk to certain exchanges such as in the “k”, “G”, “M” pattern. After each transfer is completed, the market price will, in the short term, inevitably experience a sudden crash. The timelines overlap at a high degree—absolutely not a coincidence.
More than 60 million registered users, after 4–6 years, still cannot complete KYC verification and mainnet asset mapping. Meanwhile, those studios using AI-generated virtual credentials are especially able to pass and even get mapped. A large number of real users’ review statuses have been locked for a long time as “provisional review,” and all appeal tickets have sunk without a trace—no manual review at all!
Facing the global user communities’ outcry, massive email inquiries, and core issues like KYC paralysis, the official has always deliberately avoided and refused to answer directly. Throughout the entire process, it only fobs off the community with machine-generated template lines!