89% of Pi Network's Token Supply Is Controlled by the Core Team, Raising Concerns of a Centralized Dump

Pi Network is under scrutiny as more red flags come to light. In a viral thread that's lighting up the crypto community, analyst Szymanski has sounded the alarm on Pi Network.

Analyst Sounds Alarm on Pi Network: 'It’s a SCAM!' as New Claims Sur عامl in Huge Apex

Pi Network has been the subject of much discussion and, at times, heated debate within the crypto sphere.

Now, one analyst is setting the record straight on the hotly-contested project.

In a recent viral thread, Szymanski, known for his no-nonsense analysis, sounded the alarm on Pi Network, warning that its highly centralized structure and lack of transparency could lead to a catastrophic crash.

89% Of Pi Tokens Still Held By Core Team

According to Szymanski’s analysis, a staggering 89% of Pi’s token supply is still controlled by the core team.

Of the 100 billion Pi tokens that will ever exist, only 7.1 billion are currently in circulation and the total supply is 11 billion. This means that 89 billion Pi tokens are still in the hands of the Pi Core Team.

This level of centralization raises immediate red flags. If the team were to dump a large portion of their holdings—either intentionally or due to internal conflict—the price of Pi could crash rapidly.

Szymanski went on to highlight the potential consequences of such a scenario.

He stated that if the Pi team suddenly sold off their massive holdings, it could send the price crashing—just like what happened with Terra Luna.

And with so much power in one place, he added that even a hack or one bad actor could wreak havoc on the entire project.

No Major Exchange Listing Yet

Among the multiple structural flaws of Pi Network, Szymanski listed:

Can Pi Network Still Recover?

Despite the litany of criticisms, Szymanski did offer a potential way forward for Pi Network.

He suggested that the project could still redeem itself by publishing a transparent roadmap, opening up to third-party audits, and ultimately proving its legitimacy to the outside world.

Until then, he advised investors to "DYOR" (Do Your Own Research) and approach Pi with extreme caution, deeming it one of the riskiest projects in crypto today.

Is Pi Network Collapse Waiting to Happen?

With billions of tokens under tight control, no public audits, and limited exchange support, Pi Network stands at a crossroads.

Will the team step up and earn the community’s trust—or will Pi implode under its own weight?