The Crypto Pi Network continues to collapse despite the good news

Announced as a strategic turning point, the integration of PI Network at the Wallet Telegram offered a unique showcase to an already strong project of a massive community. In an ecosystem where visibility can explode an active, Pi seemed in a position of strength. However, against expectations, the token collapse. The promise of an accelerated adoption came up against the reality of the market. How to explain such a dissonance between the potential of an announcement and the brutality of a fall that questions the solidity of the project?

Strategic integration without effect on the market

The announcement of the integration of PI Network in the Crypto portfolio of Telegram had everything to strengthen the visibility of the project. With more than a billion monthly users, the platform represented a considerable lever for the adoption of token.

However, the effect was limited. The crypto pi only increased by 0.97 % in the hours that followed the ad, before starting a prolonged fall. Over the last 30 days, its value has lost more than 61 %, which illustrated a disconnection between the strategic announcement and the real market dynamics.

Technical indicators confirm this dropout:

• The Bbtrend remained negative for twelve consecutive days, and reached -22,34, a manifest sales signal;
• The relative force index (RSI), although slightly raised to 40.45, remains in a weakness area after reaching 23.8, a sign of a persistent disinterest of buyers;
• No lasting reversal signal has been observed, despite the visibility offered by Telegram.

This situation provides information on a frequent paradox in the crypto universe: a major announcement alone is not enough to trigger a sustainable rebound, especially when investors' confidence remains fragile.

Between controversy and distrust: the limits of a project in crisis

Beyond market data, Pi Network faces a credibility crisis fueled by sustainable controversies. One of the most important episodes was the public intervention of Ben Zhou, CEO of Exchange bybit, who qualified the “Scam” token and publicly declared his refusal to list.

This judgment is shared by Justin Bons, founder and director of investments at Cyber ​​Capital, who affirm Without detour on March 19, 2025 on the social network X (ex Twitter):

Pi is a real scam! Proposing a “mining” system based on the “MLM” on mobile is a ploy, because it does not contribute to consensus! […] PI is an investment scam.

This frontal rejection by an influential figure of the industry had a devastating effect on the perception of the project, which rekindled doubts around the legitimacy of the initiative.

Faced with these accusations, the Pi Network team tried to defend itself. She denounced an identity theft by unauthorized third parties who have asked for listings on their behalf. In addition, project managers wanted to clarify the operation of their sponsorship program.

This is described as completely free, without complex hierarchy, and limited to a single level. “The 25 % bonus is only granted if the godfather and the godson undermine at the same time,” they say. This positioning is a response to criticisms that assimilate this system to a pyramidal structure.

This double setback (public attack by the Exchange bybit and persistent suspicions on the economic model) could lastingly undermine the confidence of investors. Integration with Telegram, far from hiding these flaws, could even accentuate expectations and disappointments if the token fails to demonstrate a concrete utility. At this stage, the future of PI Network will depend less on its exhibition than its ability to regain the confidence of a market that has become significantly more demanding.