🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
The latest wealth code is here, please members check it in time, continue to make money on this new day, remember to manage your position well, stability is the key to profit, fighting呀😍 #BTC# #ETH# #GT# #SOL#
Negative News and Crisis of Confidence: Crypto analyst Atlas labeled Pi Network as "the biggest RUG of 2025," accusing it of insider trading. A two-day investigation revealed an oversized dumping of 12 million Tokens, triggering market panic. Additionally, a significant amount of Tokens was sent from the exchange to private Addresses, as on-chain data was exposed, deepening concerns about the transparency and long-term intentions of the core team, leading to a loss of investor confidence and widespread selling of Tokens.
Token Unlocking Pressure: 7.4 million Tokens were unlocked and entered the market, causing a surge in circulating supply, while market demand failed to increase correspondingly, resulting in increased selling pressure and downward pressure on prices.
Project Development Below Expectations: At the Cons 2025 conference, although the founder of Pi Network discussed strategic initiatives, the community remained skeptical of the plans, such as the $100 million venture capital fund plan being deemed unattractive, and the Mainnet launch delay causing investors to worry about the project's prospects, further impacting market sentiment and leading to a fall in coin prices.