Pi Coin News: Fake news floods the Pi Network community, exchange supply hits an all-time high.

As we enter November 2025, the Pi Network community is enthusiastic about the project's development progress, but the X platform is also flooded with a large amount of fake news aimed at manipulating emotions. Although the Pi Core Team (PCT) has not confirmed these rumors, the balance of Pi on the exchange has reached an all-time high of over 423 million PI, indicating that some holders are still continuously selling, and market sentiment remains dominated by fear.

Pi Network Community Rumors Abound: Clarification of GCV and ISO 20022 Misconceptions

The most influential rumors in the Pi Network community focus on the launch of the global consensus value (GCV) and its integration with traditional finance.

• GCV rumors: At the beginning of November, Pi Pioneers began spreading rumors that GCV will officially launch on November 22, 2025, with the participation of major financial institutions. Supporters of GCV claim that the value of each PI coin should be 314,159 USD.
• Official Denial: The Pi Core Team has never mentioned or acknowledged the existence of GCV. The Pi Network account on X platform pointed out that specifying a specific date is a typical characteristic of fake news, aimed at implanting hope and manipulating price expectations.
• SWIFT Explanation: The rumors about ISO 20022 compliance have been interpreted as Pi connecting banks through middleware. However, the official explanation states that November 22 is the date when the SWIFT network will stop routing old MT messages, which only applies to SWIFT members, while SWIFT is a messaging network and Pi is a blockchain for transferring value.

Divergence Between Market Sentiment and Trading Supply Volume

Despite the Pi Core Team's ongoing calls to combat misinformation, investor speculation has not abated, while the supply on the exchange has surged.

• Official Warning: The Pi Core Team launched a campaign to report misinformation in August, emphasizing that “only what the Pi Core Team says is true.”
• Selling pressure: In the first week of November, the balance of Pi on the exchange reached a new all-time high of over 423 million PI, with more than 2 million PI transferred to the exchange within 24 hours.
• Market sentiment dominates: Although Pi Network has made some positive progress in upgrading its AI-driven KYC system and securing new venture capital investments, the surge in supply on exchanges reflects that many holders are still continuously selling, and the overall market sentiment remains overshadowed by fear.

Investment Advice: Beware of Over-optimism and Fact-checking

The phenomenon of the Pi Network community reflects the long-standing tension between narrative and reality in the crypto market.

• Fact check: Investors should be highly cautious of any unverified, unofficial positive information, especially rumors involving specific dates and astronomical figures GCV.
• Operational advice: A record high in exchange balance is usually seen as potential selling pressure. For PI holders, it is important to evaluate its value based on the officially announced development progress and the mainnet launch schedule.

Conclusion

The rampant spread of misinformation within the Pi Network community stands in stark contrast to the phenomenon of exchange supply reaching an all-time high, highlighting the challenges posed by emotion-driven behavior and lack of transparency in the project's early stages. Investors need to remain clear-headed, discern between truth and falsehood, and avoid being misled by speculative narratives.