Cryptocurrency is no longer strange to Nigerians.
In fact,
Nigeria ranks among the top countries embracing crypto today.
One particular crypto project that has captured the hearts of many Nigerians is the Pi Network.
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However,
as Pi gains more popularity, another serious issue is showing up: Pi price manipulation by exchanges.
Many Nigerians are already at risk because they don’t know what’s really happening behind the scenes.
That’s why today, we will be exposing the
Pi price manipulation proof by exchanges and how you can protect your Pi.
I will break everything down in very simple way,
so even if you are just hearing about Pi Network or crypto today, you will understand.
[👉 Check out the Crypto Profit Kit Training – your step-by-step guide to safely start and profit from cryptocurrency as a beginner].
What Is Pi Network?
Pi Network is a mobile mining cryptocurrency platform that was launched on March 14, 2019,
by a team of Stanford graduates.
The goal is simple: allow everyday people to mine and earn
cryptocurrency easily using their smartphones without heavy equipment or costly setups.
Unlike Bitcoin that needs expensive mining rigs,
Pi Network users can simply tap a button on the app daily to keep mining.
Why Nigerians Love Pi Network:
- ✅Zero Cost Mining: No money is needed to start.
- ✅Low Data Consumption: Pi mining doesn’t use much data.
- ✅Energy Efficient: No fear of high electricity bills.
- ✅Hope of Future Riches: Many believe Pi will become the next Bitcoin.
Why The Buzz Around Pi Network Price?
The excitement around Pi Network is largely because people believe it will make them rich one day.
The dream is that when Pi becomes tradable worldwide, those who mined early will enjoy huge profits.
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However,
scammers and some greedy crypto exchanges have decided to take advantage of the hype.
They have started manipulating the price of Pi even before the official mainnet launch.
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What Is Price Manipulation?
Price manipulation is when individuals or organizations artificially control or influence the price of an asset to make a profit or deceive buyers.
In the crypto world, exchanges can manipulate prices by:
- Listing fake versions of a cryptocurrency.
- Faking trading volumes.
- Blocking withdrawals and deposits.
In Pi’s case, this is exactly what is happening.
How Exchanges Are Manipulating Pi Prices
- Unauthorized Listings
Exchanges are listing Pi without the permission of the Pi Core Team. These Pi tokens are not connected to the real Pi blockchain. - Fake Trading Volume
They create fake buy and sell orders to make it look like Pi is in high demand. - Blocking Deposits and Withdrawals
They do not allow real Pi holders to deposit their mined coins. Nor can you withdraw what you “buy” there. - Random Pricing
You will see Pi listed at $5, $20, $50, and even $100 — none of these prices are real.
Real Proof Of Pi Price Manipulation By Exchanges
Let’s go deeper.
Here are concrete proofs that Pi price manipulation is happening:
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1. No Mainnet Trading Permission
The Pi Core Team announced officially that Pi is still in its “Enclosed Mainnet”
phase, meaning trading Pi on external exchanges is forbidden.
Yet, these exchanges continue to list it.
2. No Blockchain Link
Real Pi coins are stored inside the Pi app’s wallet connected to the Pi blockchain.
But the “Pi” on these exchanges is not linked to any real Pi coins.
This means what they are selling is FAKE!
3. Highly Different Prices
In real crypto markets, prices may differ slightly across exchanges.
But in Pi’s case, you can see differences of up to 1,000%!
4. No Real Deposits
If you try to move your mined Pi into these exchanges, it will fail.
Why? Because their Pi is not real Pi.
Must Read: Pi Coin Set For $10 – Pi Network Price Surge Roadmap (My Honest Thoughts)
Which Exchanges Are Guilty?
While I won’t mention names directly to avoid legal issues,
many less popular exchanges operating in Africa and Asia are guilty.
If an exchange tells you they are trading Pi already — be very careful.
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Signs of a suspicious exchange:
- Listing Pi without Pi Core Team’s announcement.
- Offering massive bonuses for Pi deposits.
- Advertising Pi as “fully launched” when it is not.
What The Pi Core Team Is Saying
The Pi Core Team has issued several statements warning users:
- Pi is currently in Enclosed Mainnet.
- No exchange is authorized to list Pi.
- Trading on fake exchanges exposes users to fraud.
Important Tip:
Always follow updates from Pi Network’s official social media accounts or inside the Pi App itself.
Why Nigerians Must Be Extra Careful
Nigeria is a massive target for crypto scams because:
- Many Nigerians are desperate for financial breakthroughs.
- Crypto literacy is still growing.
- Scammers think Nigerians won’t verify information properly.
If you lose your Pi now by trusting manipulated prices, you may miss out when Pi officially launches.
Patience is key!
Must Read: Pi Network Coin 100% Profit – How Nigerians Are Cashing Out From Pi Coin And What You Should Do Now
The Real Value Of Pi
Today, the real value of Pi is based on:
- The strength of the community.
- The trust in the project’s vision.
- The upcoming utilities — like Pi apps and marketplaces.
Until Pi enters Open Mainnet and becomes tradable globally,
any current exchange price you see is fake and manipulated.
Dangers Of Falling For Fake Pi Prices
- Losing Your Coins
Once your real Pi is gone, you can’t get it back. - Wasting Money
You might spend real money buying fake Pi tokens that have no future. - Scam Exposure
You could fall into bigger scams — losing even more money. - KYC Risks
Some fake exchanges may collect your ID and personal details during “fake KYC” and misuse it.
How To Protect Yourself And Your Pi Coins
- Trust Only Official Information: Don’t believe random Telegram groups or WhatsApp broadcasts.
- Secure Your Pi Wallet: Never share your password or private key.
- Avoid External Trading: Until Pi officially launches, don’t try to sell or buy Pi anywhere.
- Educate Your Friends: Tell fellow Nigerians to be careful.
The Future Of Pi: What Nigerians Should Expect
The Pi Core Team has clear plans:
- Full launch of Open Mainnet.
- Major apps and businesses accepting Pi.
- Gradual, natural growth in value based on real demand.
When this happens, miners who stayed patient will truly reap the rewards.
How Pi Price Will Be Determined In The Future
In the future, Pi’s real price will be determined by:
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- Supply and Demand
- Utility in Real Business Transactions
- Trust in the Pi Blockchain
It won’t be based on fake exchange manipulation anymore.
How You Can Prepare Today
- Continue Mining Pi: Even one more Pi could be valuable.
- Complete Your KYC: So you can migrate to Mainnet.
- Build or Join Pi Apps: Engage with Pi commerce projects.
- Stay Updated: Follow Pi’s roadmap.
Conclusion
The truth is clear:
Pi has not officially launched on any exchange.
What you are seeing are fake, manipulated Pi prices created to deceive users.
As a Nigerian, you must be very careful not to fall into these traps.
Your mined Pi is precious. Don’t exchange it for worthless fake tokens today.
Patience and wisdom are your strongest weapons!
Must Read: Forex Trading In Nigeria: A Complete Guide For Beginners
Frequently Asked Questions (FAQs)
1. Is Pi Trading Live?
No. Pi is still in its Enclosed Mainnet. No authorized trading yet.
2. Can I Sell My Pi Now?
No. Selling Pi now exposes you to scams and fake exchanges.
3. Why Are Exchanges Listing Pi?
They want to make quick money by taking advantage of people’s ignorance.
4. When Will Pi Officially Launch?
The Pi Core Team will announce it. Stay tuned to official Pi channels.
5. How Can I Protect My Pi?
Keep it safely inside your Pi Wallet and never share your password.
OVER TO YOU
Now it’s your turn!
Have you seen fake Pi prices before? Have you been approached by shady exchanges?
I would love to hear your experiences.
Please leave a comment below — your story could save another Nigerian from losing their Pi!
And don’t forget — share this article with friends and family.
Let’s educate everyone about Pi price manipulation proof by exchanges
and keep our future bright!
👉 Check out the Crypto Profit Kit Training – your step-by-step guide to safely start and profit from cryptocurrency as a beginner.