Pi Network Price Today May 19, 2025: Ending 5 consecutive days of decline

Pi Network Price Today 5/19/2025

The price of Pi on OKX exchange on May 19, 2025 is fluctuating around the price range from 0.7072 USD to 0.7707 USD (equivalent to 18,330 VND to 19,980 VND). Thus, at the time of writing, the price of Pi on OKX exchange increased by 4.0% compared to yesterday, reaching 19,070 VND.

After five consecutive days of declines, with Pi losing nearly half its value, the early gains of the week brought some hope to investors. However, the heavy losses before, especially for retail investors, remained the focus.

On May 17, Dr. Picoin, a long-time member of the Pi community, released data showing that a wallet believed to be affiliated with the Pi Core Team sold approximately 12 million tokens. The transaction occurred just as Pi’s price hit $1.60, coinciding with a market buzz around Consensus 2025 and the announcement of Pi Network Ventures.

Although there is no concrete evidence, this move raises suspicions of a “pump-and-dump” scenario, which has pushed many cryptocurrency projects into crisis.

In an article on the X platform, analyst Szymanski stated that Pi Network is at risk of repeating the Terra Luna disaster if it does not change its governance model. He pointed out that, with a total supply of 100 billion tokens, the Pi Core Team is holding up to 89 billion tokens (89%), while only 7.1 billion tokens are circulating on the market.

“If even a small amount of internal tokens are sold, the Pi price could collapse completely. A system that has not launched mainnet, lacks free liquidity, but concentrates almost the entire supply in one group is extremely risky,” Szymanski emphasized.

Kokkalis' shocking statement

At Consensus 2025, founder Nicolas Kokkalis made a public appearance, but his speech fell short of expectations. Instead of announcing a specific roadmap for the mainnet or a plan to unlock tokens, he emphasized “trust” and the role of KYC in the Pi ecosystem.

The lack of clarity has caused Pi’s price to continue to fall sharply after the event, reflecting the frustration of the community. Given the unusual signs and lack of transparency from the Pi Core Team, many investors are wary that the recent price increases may just be a temporary “price inflation”. Without a change in strategy, Pi is at risk of falling back to $0.40 or lower, especially as internal selling pressure increases.

Source: https://baoquangnam.vn/gia-pi-network-hom-nay-19-5-2025-cham-dut-chuoi-5-ngay-giam-lien-tiep-3155083.html