PI網絡的承諾已經出現了新的關注浪潮

加密研究員“ Atlas”聲稱PI網絡參與欺騙性實踐之後，加密貨幣領域出現了新的關注浪潮。

A new wave of concern has emerged in the cryptocurrency space after crypto researcher “Atlas” alleged that Pi Network is involved in deceptive practices.

加密研究員“ Atlas”聲稱PI網絡參與欺騙性實踐之後，加密貨幣領域出現了新的關注浪潮。

In a series of detailed posts shared on X (formerly Twitter), Atlas accused the Pi Coin team of orchestrating what could be one of the largest crypto-related frauds of 2025. According to him, the project lacks transparency, real user activity, and proper technological infrastructure, raising questions about its credibility.

在一系列X（以前為Twitter）上的一系列詳細帖子中，Atlas指責PI硬幣團隊策劃了2025年與加密貨幣相關的最大欺詐行為之一。據他說，該項目缺乏透明度，真實的用戶活動和適當的技術基礎設施，提高了有關其可信度的問題。

These claims have gained wide attention after a rapid sell-off of Pi tokens reportedly caused the token’s price to fall by over 50% in just a few hours. This event led to renewed scrutiny of the project’s background, structure, and real-world usage.

據報導，據報導PI代幣的迅速拋售導致令牌的價格在短短幾個小時內下降了50％以上，這些主張引起了廣泛的關注。該活動導致對項目的背景，結構和現實世界的使用進行了重新審查。

Pi Network Activity and Platform Structure Raise Concerns

PI網絡活動和平台結構引起了人們的關注

Atlas stated that over 12 million Pi tokens were dumped in a short period, causing major price volatility. He claimed this dump was not just speculative behavior but possibly linked to a coordinated selloff involving key wallets.

阿特拉斯（Atlas）表示，在短時間內傾倒了超過1200萬個PI令牌，導致了重大價格波動。他聲稱，這個垃圾場不僅是投機行為，而且可能與涉及關鍵錢包的協調拋售有關。

A user named Moon Jeff (@CRYPTOAD00) also raised alarms on social platform X, writing:

一個名為Moon Jeff（@cryptoad00）的用戶還在社交平台上發出了警報X，寫作：

These claims have sparked discussion and scrutiny over the token's value and the project's ability to deliver on its promises.

這些主張引發了對代幣的價值以及項目兌現承諾的能力的討論和審查。

According to Tokenview data, a single wallet on the Pi Chain is holding a staggering 11.9877 billion Pi tokens, valued at $1.2786 billion at the current market price of $0.1067.

根據Tokenview數據的數據，PI鏈上的一個錢包的持有驚人的119.87億PI令牌，價值為12.786億美元，目前的市場價格為0.1067美元。

This large concentration of tokens in a single wallet has fueled concerns of centralized control over the token supply.

單個錢包中的這種大量令牌引起了人們對代幣供應的集中控制的關注。

According to reports, several blockchain analysts have expressed their skepticism toward Pi Network due to a lack of technical merit and a flawed economic model.

據報導，由於缺乏技術優點和有缺陷的經濟模式，幾位區塊鏈分析師對PI網絡表示懷疑。

Started in 2019, the project became a way for users in countries where traditional mining is not possible due to hardware or energy limitations to ‘mine’ Pi using their phone.

該項目始於2019年，成為了由於使用手機使用硬件或能源限製而無法進行傳統採礦的國家的用戶。

However, multiple experts continue to insist that there is not actually any mining occurring. What they are operating is a user acquisition platform, rather than a blockchain network.

但是，多位專家繼續堅持認為實際上沒有發生任何採礦。他們正在運行的是用戶獲取平台，而不是區塊鍊網絡。

Past Privacy Breaches and Lack of Technical Disclosure

過去的隱私漏洞和缺乏技術披露

This is not the first time Pi Network has faced questions about its operations. In 2021, a leak involving 17GB of user data from Vietnam led to privacy concerns.

這不是PI網絡第一次面對其操作問題。在2021年，涉及越南17GB用戶數據的洩漏引起了隱私問題。

Around the same time, regulators in China warned the public about Pi’s data collection methods. They described the app as potentially harmful, especially to elderly users, citing risks to their financial information and personal identity.

大約在同一時間，中國的監管機構警告公眾有關PI的數據收集方法。他們認為該應用程序可能有害，尤其是對老年用戶的有害，理由是他們的財務信息和個人身份風險。

Bybit CEO Ben Zhou also criticized the project. In a public statement, he said,

Bybit首席執行官本週還批評了該項目。他在公開聲明中說，

“Yes, I still think you are a scam, and no, Bybit will not list scam.”

“是的，我仍然認為您是一個騙局，不，拜特比特不會列出騙局。”

Zhou clarified that Bybit had never attempted to list Pi and accused the Pi team of spreading misinformation.

周說，拜比特從未試圖列出PI，並指責PI團隊傳播錯誤信息。

Another concern among observers is the lack of open-source code and the absence of working decentralized apps (dApps). While many crypto projects operate transparently with community input and public code, Pi Network has yet to release its core codebase.

觀察者的另一個問題是缺乏開源代碼和缺乏工作分散應用程序（DAPP）。儘管許多加密項目在社區輸入和公共代碼中透明地運行，但PI網絡尚未發布其核心代碼庫。

According to critics, without this, users cannot verify how the network works or whether the coins they are mining have actual value.

根據評論家的說法，沒有此事，用戶將無法驗證網絡的工作原理，或者他們正在挖掘的硬幣是否具有實際價值。

During the Consensus 2025 conference, Pi Network founder Dr. Nicolas Kokkalis made an appearance that many believed would bring new announcements. Instead, his keynote focused on general ideas involving AI and blockchain, without offering any updates on development timelines.

在2025年共識會議上，PI網絡創始人Nicolas Kokkalis博士露面，許多人認為這會帶來新的公告。取而代之的是，他的主題演講的重點是涉及AI和區塊鏈的一般想法，而沒有提供有關開發時間表的任何更新。

Kokkalis later commented online, saying Pi Network operates “in a uniquely challenging space.” He added that they have never asked users for direct monetary investment.

Kokkalis後來在線評論說，PI網絡“在一個具有挑戰性的空間中運作”。他補充說，他們從未向用戶詢問直接貨幣投資。

Pi Token Unlocks and Trading Volume Trends

PI令牌解鎖和交易量趨勢

Despite the controversies, interest is high in owning Pi Coin. As of now, there are over 5 billion Pi tokens in circulation. That itself has a current estimated market value of over $5.29 billion.

儘管存在爭議，但擁有Pi硬幣的興趣仍然很高。截至目前，流通中有超過50億個PI令牌。該本身目前的估計市場價值超過52.9億美元。

On-chain data indicates that a large portion of tokens will be unlocked over the coming months.

鏈上的數據表明，在接下來的幾個月中，很大一部分令牌將被解鎖。

Just in May alone in 2025, over 125,125 million Pi tokens were released into circulation, accounting for approximately $92 million. The number will increase in June and July. After which the token unlock amounts are expected to decrease steadily from August.

僅在2025年5月，超過1.251億PI令牌被釋放到流通中，約為9200萬美元。這個數字將在6月和7月增加。之後，令牌解鎖量預計從八月開始穩步下降。

After that, around only 132 million tokens are expected to be unlocked in August 2025, with the numbers getting even lower in the following months.

此後，預計2025年8月只有1.32億個令牌將被解鎖，在接下來的幾個月中，數字甚至更低。

The falling token unlocks could mean less selling pressure in the market. By slowing down the supply, it might create the environment that could help Pi Network’s price stabilization or growth as long as new announcements and community participation in development remain strong.

落下的令牌解鎖可能意味著市場上的銷售壓力較小。通過減慢供應的速度，只要新的公告和社區參與發展仍然很強，它可能會創造有助於PI網絡的價格穩定或增長的環境。