Fake News Floods Pi Network Community as Exchange Supply Hits a New High
Fake news about the Pi Network's Global Consensus Value launch is spreading while PI token supply on exchanges reaches a record high.Summary
The Pi Network community in November 2025 is experiencing a surge of unconfirmed fake news, primarily spread by influential users on X, regarding the official launch of the Global Consensus Value (GCV) on November 22, 2025, allegedly involving ISO 20022 compliance and major financial institutions. The Pi Core Team (PCT) has explicitly denied these claims, stating they never announced GCV or that specific date, and warned that setting dates is a tactic used in misinformation to manipulate expectations. Furthermore, the narrative suggesting a simple middleware connection to banks is an oversimplification of complex integration processes. Concurrently, despite positive internal developments like an AI-based KYC upgrade and a venture investment, the supply of PI tokens held on exchanges has hit an all-time high of over 423 million PI, indicating that many holders are still choosing to sell.
(Source：BeInCrypto)