Pi Coin Faces 90% Decline Amid Investor Doubts

What to Know:

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  Pi Coin experiences a dramatic 90% price drop.
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  Whale accumulation has stalled, raising concerns.
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  Community seeks transparency amid leadership silence.

Pi Coin has plummeted over 90% in value as of October 2025, with whale accumulation halting and market confidence sharply decreasing, largely unnoticed by major exchanges or regulators.

This collapse underscores concerns about leadership transparency and lack of ecosystem development, impacting investor sentiment while leaving the broader cryptocurrency market largely unaffected.

Pi Coin Sees 90% Crash, Leadership Silent

The 90% crash in Pi Coin's value has brought attention to its opaque leadership and lack of transparency. Raoul Pal and Vitalik Buterin have not publicly commented. Nicolas Kokkalis and Chengdiao Fan, founders of the Pi Network, have remained silent amid community calls for clarification. Involvement from institutional investors also remains undisclosed.

“Despite the community's demand for transparency, we currently have no official comments to provide on recent market developments.” – Dr. Nicolas Kokkalis, Co‑founder, Pi Network. source

Billions Lost as Whale Activity Ceases

The crash eliminated billions in market capitalization, with whale activity ceasing. Community sentiment is overwhelmingly negative, with calls for more communication unheard so far. Despite the crash, Pi Coin's fall has been isolated, causing no ripple effect on other major cryptocurrencies like BTC or ETH, minimizing broader market impact.

Risk of Governance Issues Like BitConnect

Pi Coin’s trajectory resembles previous failed projects like BitConnect, underscoring the dangers of governance opacity. The community‑driven token models are prominent in the comparisons. If the Pi Network addresses governance issues, it could improve market position. However, the lack of transparency remains a significant hurdle to regaining investor trust.

“Projects fail to build trust when they don't communicate with their user base in times of crisis.” – Vitalik Buterin, Co‑founder, Ethereumsource