{"id":137065,"date":"2025-05-23T21:36:53","date_gmt":"2025-05-23T21:36:53","guid":{"rendered":"https:\/\/teknomers.com\/en\/is-pi-network-set-to-miss-the-bull-run-insider-selling-sparks-concerns\/"},"modified":"2025-05-23T21:36:53","modified_gmt":"2025-05-23T21:36:53","slug":"is-pi-network-set-to-miss-the-bull-run-insider-selling-sparks-concerns","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/is-pi-network-set-to-miss-the-bull-run-insider-selling-sparks-concerns\/","title":{"rendered":"Is Pi Network Set to Miss the Bull Run? Insider Selling Sparks Concerns"},"content":{"rendered":"<h2>Recent Decline of Pi (PI)<\/h2>\n<p>In the past \u00a024 hours\u00a0, the value of \u00a0Pi (PI)\u00a0 has fallen by \u00a010%\u00a0, now trading at \u00a0$0.7485\u00a0. This decline is significant as it has disrupted what appeared to be a \u00a0bullish price structure\u00a0. The recent drop has left many investors and \u00a0supporters concerned\u00a0 about the future of Pi and its potential to recover in the market.<\/p>\n<h2>Concerns Over Insider Selling<\/h2>\n<p>Supporters of Pi have raised alarms regarding a possible trend of \u00a0insider selling\u00a0 that could severely impact the price of Pi. Many believe that this selling pressure could hinder Pi\u2019s chances of capitalizing on the current \u00a0bullish cycle\u00a0. Dr. Altcoin, a pseudonymous figure on X who supports the Pi project, presented \u00a0on-chain data\u00a0 suggesting a potential connection to the Pi Core Team. This data includes a crypto wallet created \u00a0four years ago\u00a0, along with \u00a022,000 additional wallets\u00a0.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Pioneers, if you are still in doubt\u2014here is more evidence.<br \/>Check these two wallet addresses:<br \/>1. Wallet Address:<br \/>GASIC7B3HWF2GAI7HWUOZADMY6KW6NDIYI4WMB2XYXT3M4AU2J3WVDBN<br \/>Created 4 years ago by Pi Foundation 4 with a balance of 2 million Pi.<br \/>It is one of the 22000 wallets\u2026 <a rel=\"nofollow\" href=\"https:\/\/t.co\/kieSm4AJEx\">pic.twitter.com\/kieSm4AJEx<\/a><\/p>\n<p>&mdash; Dr Altcoin (@Dr_Picoin) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/Dr_Picoin\/status\/1925536773100200331?ref_src=twsrc%5Etfw\" target=\"_blank\">May 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>This particular wallet held an impressive \u00a02 million Pi coins\u00a0 and has reportedly been transferring approximately \u00a01.4 million PI\u00a0, valued at around \u00a0$1.1 million\u00a0, to \u00a0Gate.io\u00a0, one of the few exchanges that have listed PI. Dr. Altcoin posits that these transactions may be an attempt to raise capital for the \u00a0recently launched Pi Network Ventures initiative\u00a0. Yet, the nature of these transactions raises questions about the intentions behind this sudden sell-off, contributing to a \u00a0bearish forecast\u00a0 for Pi\u2019s price.<\/p>\n<h2>Pi&#8217;s Price Prediction: The Potential for Further Decline<\/h2>\n<p>The \u00a0hourly chart\u00a0 for Pi shows a distinctly bearish outlook, as multiple sell indicators have emerged following the breach of its uptrend. The price had experienced a \u00a0steady rise\u00a0 over nearly four days, but encountered substantial selling pressure as it reached the \u00a0$0.87 &#8211; $0.85\u00a0 range.<\/p>\n<figure class=\"wp-block-image size-large\">\n<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"496\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/05\/23123734\/PIUSDT_2025-05-23_08-37-09-1024x496.png\" alt=\"pi price prediction\" class=\"wp-image-364304\"><br \/>\n<\/figure>\n<p>Trading volumes surged, exceeding average levels by more than \u00a0four times\u00a0 when the price hit resistance. Given the current market conditions, Pi has not only broken its \u00a0trend line support\u00a0 but also its previous bullish structure. The \u00a0key support level\u00a0 has now been retested and transformed into resistance.<\/p>\n<p>Compounding the bearish sentiment, a \u2018\u00a0death cross\u00a0\u2019 has occurred between the \u00a09-hour EMA\u00a0 and the \u00a021-hour EMA\u00a0, providing a clear \u00a0sell signal\u00a0. Market analysts suggest that the next support zone to monitor lies between \u00a0$0.73 and $0.70\u00a0, which could serve as a potential landing area for Pi amid the current bearish trend.<\/p>\n<h2>The Bright Future of SUBBD (SUBBD)<\/h2>\n<p>While Pi faces challenges, intriguing opportunities exist in other crypto projects. One notable mention is \u00a0SUBBD (SUBBD)\u00a0, a decentralized content distribution platform designed to create a more equitable environment for creators.<\/p>\n<figure class=\"wp-block-image size-large\">\n<img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"subbd presale\" class=\"wp-image-364308 lazyload\" data-src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/05\/23124031\/Screenshot-2025-05-23-at-8.39.22%E2%80%AFAM-1024x437.jpg\" data-srcset=\"\"><br \/>\n<\/figure>\n<p>For years, many influencers have encountered unjust restrictions and exorbitant fees for sharing their content. \u00a0SUBBD\u00a0 aims to change this narrative by empowering creators through the \u00a0$SUBBD governance token\u00a0, giving them a voice in project decisions, such as content moderation and roadmaps.<\/p>\n<p>Fans of the platform stand to gain exclusive benefits, such as \u00a0subscription discounts\u00a0, personalized requests, and more by acquiring the \u00a0$SUBBD token\u00a0. The increasing adoption of SUBBD is expected to trigger a surge in demand, as its community continues to grow. Currently, the platform has roped in \u00a0over 2,500 influencers\u00a0, representing a collective following of approximately \u00a0250 million\u00a0. <\/p>\n<p>To invest in SUBBD at its discounted presale rate, visit the \u00a0official SUBBD website\u00a0 and connect your wallet. You can swap either \u00a0USDT or ETH\u00a0 or even utilize a bank card for your transaction.<\/p>\n<p><a href=\"https:\/\/teknomers.com\/en\/category\/finance\/\">Finance and Crypto News-10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent Decline of Pi (PI) In the past \u00a024 hours\u00a0, the value of \u00a0Pi (PI)\u00a0 has fallen by \u00a010%\u00a0, now trading at \u00a0$0.7485\u00a0. This decline is significant as it has disrupted what appeared to be a \u00a0bullish price structure\u00a0. The recent drop has left many investors and \u00a0supporters concerned\u00a0 about the future of Pi and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":108984,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23832],"tags":[],"class_list":["post-137065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/137065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=137065"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/137065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/108984"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=137065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=137065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=137065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}