Pi Network Price News: Whale Moves 250 Million Pi Coins, Next Stop $1.50?

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Pi Network is once again making noise in the crypto market. After a recent price dip, signs of a possible trend reversal are emerging — and the Pi Coin community believes a big move is coming soon. At the time of writing, Pi Coin is up by more than 10% and is trading at $0.80.

Whale Moves 250 Million Pi, Creating Scarcity

A crypto whale recently transferred 250 million Pi coins into a wallet, causing significant scarcity on OKX exchange. With low supply and high demand, the situation quickly got serious.

To maintain price balance and avoid liquidity problems, Bitget stepped in with a rescue operation for OKX. But experts warn — when scarcity gets too high and no rescue is possible, Pi Coin’s value could skyrocket.

Price Predictions: $1 Next, Then $1.5 and $2?

Right now, Pi Coin is showing early signs of a comeback after falling below $1. If buying pressure continues and whales hold onto their tokens, traders predict the price could soon touch $1, then move to $1.5 and $2.

Major Challenges Still Ahead

However, there are still obstacles slowing down Pi Coin’s progress:

• Lack of major exchange listings like Binance, Coinbase, and Kraken.
  
• No DeFi apps or large ecosystem upgrades launched yet.
  
• Uncertainty about how much Pi the team holds and how it’s being managed.

Calls for Transparency Grow Louder

Crypto influencer Dr. Altcoin has voiced concerns, claiming the Pi Core Team controls over 10,000 hidden wallets. He urged investors to demand transparency and stop blindly trusting the project’s official statements.

At the moment, only seven large wallets are publicly tracked, adding to worries about unclear token supply and internal control. With large amounts of Pi tokens entering the market and ongoing accusations of insider manipulation, Pi Network’s future looks uncertain.