The PI crypto is under fire after a wave of users reported seeing zero balances in their wallets, even after completing KYC and mainnet migration steps. One user summed up the mood: “Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years… Mapping is the right of every pioneer.” What is going on?
Stop talking nonsense. I don't want to hear it. Give me back that damn $Pi. I've worked hard for six years. You still haven't mapped it for me until now. What's your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it #Pinetwork
Oh my god. pic.twitter.com/FBQiWAPtwF— HaiFeng Chen (@haifeng8283) June 5, 2025
Multiple community members report that despite months of waiting, their wallets still display “0.00 Pi.” Many are calling out the Core Team for delays and a lack of clear communication, especially as mapping (the process of transferring mined Pi to the mainnet) remains incomplete for many.
According to on-chain data, the Pi Foundation’s wallet ending in “ODM” recently moved 276.5 million Pi tokens, including a 7.3 million Pi withdrawal the same day as the controversy. These transfers and unexplained multi-wallet links found in user accounts have deepened mistrust.
All these problems also tank the price.
A wallet account was created three months ago by "Pi Foundation 2 Wallet," and it currently holds over a quarter of a billion Pi coins—yet no one knows who owns it or its intended purpose.
Its already been three months and the Pi Core Team must be transparent about this wallet… pic.twitter.com/km5P4wbBpu
— Dr Altcoin (@Dr_Picoin) June 4, 2025
DISCOVER: 20+ Next Crypto to Explode in 2025
PI Crypto Price Is Tanking – Foundation’s Moves Raise Further Questions
(PIUSDT)
PI is trading around $0.66, stuck in a sideways range between support at $0.52 and resistance near $0.66. After a significant drop from March highs, the token briefly spiked in May but quickly lost momentum.
Since then, it’s been moving in a tight range, showing indecision. The overall trend stays bearish unless PI can break above $0.67 with strong volume. The current zone looks like a waiting game for traders: low volatility, low volume, and high risk. A drop below $0.52 would likely signal more downside.
Adding fuel to the fire, reports indicate that some Pi-linked wallets are associated with transactions to major exchanges like OKX. However, the Pi team has yet to offer any formal explanation. Any delay could cause users to migrate to rival projects.
For now, PI crypto remains fragile, with technical potential but too many concerns about the project and the team’s behaviour.
While PI Faces Backlash, MIND of Pepe Powers Ahead With 15% Rebound
As Pi Network faces rising community frustration over missing wallet balances and delayed token mapping, one AI crypto project is quietly building, realizing a working Terminal just a few days ago.
Mind of Pepe (MIND), which raised over $12.7 million in its presale, launched on Uniswap on June 3. Since then, MIND has been absorbing the dips and rebounding. The price climbed from $0.00127 to $0.0015, which could mark the beginning of another leg up.
TERMINAL. IS. LIVE. $MINDhttps://t.co/KLhEkxyO2b pic.twitter.com/MvjYenfSy9
— MIND of Pepe (@MINDofPepe) June 6, 2025
Mind of Pepe is delivering utility. The MIND AI agent helps traders with real-time sentiment analysis, while the new MIND Terminal offers advanced tools for meme coin trading. With staking rewards at 157% APY, MIND continues building, even as others stumble.
DISCOVER: 15 Best Crypto to Buy Now in June 2025
Key Takeaways
- PI Netrowk price is stuck in a range. PI Crypto is consolidating between $0.52 and $0.66 after failing to sustain its May rally above $1.70.
- Holder frustration grows: Many users are voicing anger over delayed wallet mapping, citing years of effort and no access to their tokens.
- Bearish bias remains. Unless PI breaks above the $0.67 resistance with strong volume, the trend remains weak and speculative.
- Modest recovery post-launch. After launching on Uniswap and dipping, MIND bounced 16%, showing early signs of resilience as its AI trading tools gain traction.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
