
{"id":119999,"date":"2025-12-12T13:56:45","date_gmt":"2025-12-12T13:56:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=119999"},"modified":"2025-12-12T13:56:45","modified_gmt":"2025-12-12T13:56:45","slug":"pi-crypto-network-faces-renewed-sell-pressure-after-core-team-moves-2-million-tokens","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=119999","title":{"rendered":"Pi Crypto Network Faces Renewed Sell Pressure After Core Team Moves 2 Million Tokens"},"content":{"rendered":"<p>Pi Crypto slid again, drifting under $0.21 even as the wider market found its footing. The sell pressure traces back to a fresh 2 Mn PI transfer from the Core Team\u2019s reserve wallet; it\u2019s the kind of movement that has repeatedly knocked the token off balance in past cycles.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">On-chain data <\/a>shows the latest transaction mirrors a September event, when the team moved 50 Mn PI, later sending multiple tranches to <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">OKX exchange<\/a>. The receiving wallet now holds under 48 Mn PI after routing another 3Mn tokens to the exchange this week.\u00a0 Here\u2019s what you need to know:<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2>New Pi Crypto Developments Fuel Suspicion: Are We Being Scammed?<\/h2>\n<p>(Source: <strong><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/pi-network\" target=\"_blank\" rel=\"noopener\">CoinGecko<\/a><\/strong>)<\/p>\n<p>The latest round of Pi updates is a bit weird, and that\u2019s putting it mildly. The Core Team again promised a phased move toward an Open Mainnet in 2026, but offered no dates, no milestones, and nothing resembling a real schedule. New app integrations and <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">expanded KYC access<\/a> were pushed across developer channels, yet the market barely reacted.<\/p>\n<p>For many holders, each update feels less like progress and more like stalling.<\/p>\n<p>Raspberry Pi is not just a mini-computer, it has become a fully integrated system used by Stellar to run its network nodes. And Raspberry Pi is the same device-systeme being used across banks and institutions to run the Pi blockchain infrastructure <a href=\"https:\/\/twitter.com\/PiCoreTeam?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@PiCoreTeam<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/udYHHEGoUc\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/udYHHEGoUc<\/a> <a href=\"https:\/\/t.co\/tahDo7GPFE\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/tahDo7GPFE<\/a><\/p>\n<p>\u2014 WaeliaM (@WaeliaMe) <a href=\"https:\/\/twitter.com\/WaeliaMe\/status\/1999421251807510638?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 12, 2025<\/a><\/p>\n\n<p>Coingecko tracks Pi\u2019s off-chain placeholder price at approximately $0.21, though actual exchange markets remain unaligned due to Pi\u2019s ongoing \u201cenclosed network\u201d status.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>PI Price Outlook: Bears Tighten Their Grip<\/h2>\n<p>Technically, PI is breaking down. The four-hour chart shows a clear bearish continuation after losing the $0.22 support. The RSI sits at 37, MACD deep in negative territory, and price structure tilting toward a retest of the $0.1919 support.<\/p>\n<p>If that level fails, PI risks revisiting the October 10 low at $0.1533, effectively resetting to an <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\">all-time low zone<\/a>.<\/p>\n<p>The only bullish pathway for PI Crypto comes from reclaiming the 50-day EMA near $0.2364, but a sustained reversal requires breaking the broader psychological ceiling around $2.50. Right now, that level looks distant.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/singapore-denies-do-kwons-14m-refund-demand-for-stolen-penthouse\/\" target=\"_blank\" rel=\"noopener\">Singapore Denies Do Kwon\u2019s $14M Refund Demand For \u2018Stolen\u2019 Penthouse<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        Pi Crypto slid again, drifting under $0.21 even as the wider market found its footing. The sell pressure traces back to a fresh transfer.    <\/p>\n<p>         The four-hour chart shows a clear bearish continuation after losing the $0.22 dollar support.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/pi-crypto-network-faces-renewed-sell-pressure-after-core-team-moves-2-million-tokens\/\">Pi Crypto Network Faces Renewed Sell Pressure After Core Team Moves 2 Million Tokens<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Pi Crypto slid again, drifting under $0.21 even as the wider market found its footing. The sell pressure traces back to a fresh 2 Mn PI transfer from the Core Team\u2019s reserve wallet; it\u2019s the kind of movement that has repeatedly knocked the token off balance in past cycles. On-chain data shows the latest transaction [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":120000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119999"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119999"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120000"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}