Red Flags in Pi Network Sees Investors Turn Their Attention, Coldware and Theta Network Look to Capitalise

Pi Network is facing mounting scrutiny as a series of red flags have investors reconsidering their positions. The once-promising project has seen  over 102 million tokens withdrawn from OKX in just three days, while reports of insider selling continue to shake market confidence.

With Pi's price hovering around $0.79—down 72% from its all-time high—and allegations of tokens sold from Foundation-controlled wallets, the exodus to more transparent blockchain projects has begun.

And that’s where we Coldware ($COLD) and Theta Network ($THETA) get into our story. These two established projects might capitalise on Pi's misfortunes with enterprise-ready solutions and real-world utility that Pi has yet to deliver.

Let’s dig a bit deeper

Is Pi Network in Trouble? Investors Worry as Red Flags Multiply

Pi Network is facing serious questions—and investors are starting to walk away. What started as an ambitious project with a loyal community is now raising eyebrows due to some troubling developments.

According to blockchain investigator Dr. Altcoin, a Pi Foundation wallet recently moved 1.4 million tokens from a long-dormant address and sold them, triggering concerns about insider manipulation. This, combined with a record-breaking wave of token outflows from exchanges, has many wondering if something bigger is going on behind the scenes.

It doesn’t help that Pi’s technical chart shows a bearish flag forming. If that pattern plays out, prices could slide toward $0.66. Add to that a sharp 60% drop in daily trading volume and a lack of active DeFi or dApps, and things don’t look great.

Yes, there’s talk of a $100 million venture fund—but without actual utility or adoption, that promise feels a little hollow right now. And with 1.47 billion more Pi tokens set to hit the market this year, the fear of dilution is real.

Investors aren’t panicking—but they’re not sticking around blindly either. Without clear steps forward, Pi could be in for a rough road.

Coldware and Theta Network Step Up as Pi Loses Investor Confidence

As doubts mount around Pi Network, investors are shifting their focus to projects that actually deliver—namely Coldware and Theta Network. These two platforms are quickly emerging as credible alternatives, backed by real utility and solid partnerships.

Coldware ($COLD) stands out with its enterprise-ready Layer-1 blockchain and a unique hardware-software model. While Pi’s roadmap remains vague, Coldware is already rolling out solutions for industries like finance and logistics. It’s built for real-world use, not just whitepaper hype. 

With privacy-first features and a secure Proof-of-Stake system, it’s attracting serious attention from those tired of speculative plays.

Then there’s Theta Network ($THETA), which is making major moves in AI and media. It’s not just talk—Theta has partnered with NBA and NHL teams, top esports brands, and even Stanford University. Its upcoming EdgeCloud launch on June 25th brings decentralized GPU power to AI developers, a space where Pi hasn’t even shown up.

From AI infrastructure to blockchain utility, both  Coldware’s ($COLD) and Theta are doing what Pi hasn’t—delivering. And in a market where confidence matters, that’s quickly turning heads and pulling investment away from projects still stuck in potential.

The Bottom Line

While Pi Network continues to face questions around transparency and lack of progress, Coldware and Theta Network are showing what real blockchain adoption looks like. The difference between them couldn’t be clearer.

Coldware tackles the very problems Pi is being criticized for—offering a clear, enterprise-grade solution with real utility, strong governance, and a focus on transparency. It's not just talk; it's building tech that businesses can actually use.

Theta Network, on the other hand, is making real moves in the AI and media space. From partnerships with major sports teams to academic collaborations, it's proving there’s demand for decentralized infrastructure—and it's delivering on it.

For investors feeling burned or skeptical about Pi, Coldware and Theta offer something that’s rare in the crypto world: actual credibility, backed by working tech and meaningful partnerships. In a market full of empty promises, that’s starting to matter a lot more.

For more information:

Website: Coldware (COLD)

Telegram: https://t.me/coldwarenetwork

X: https://x.com/ColdwareNetwork

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