Fake News Floods Pi Network Community as Exchange Supply Hits a New High

In November 2025, the Pi Network community has been buzzing with exciting and promising updates about the project’s development. However, behind the enthusiasm lies a wave of fake news circulating on X, aimed at manipulating sentiment and Pi’s perceived value.

The Pi Core Team (PCT) has not confirmed or officially announced these reports. Instead, influential Pioneers with large followings mainly spread them, fueled by investors’ tendency to believe what they want to hear.

What Fake Stories Are Circulating in the Pi Network Community This November?

In early November, Pioneers began spreading news that the Global Consensus Value (GCV) would officially launch on November 22, 2025, with participation from major financial institutions. This rumor quickly captured attention.

As BeInCrypto previously reported, GCV supporters claim that each PI token should be valued at $314,159. The mathematical constant π inspires this number. However, the project’s core team has never mentioned or acknowledged the existence of GCV.

The rumor originated from earlier speculation that Pi Network was moving closer to ISO 20022 compliance, and might connect with Stellar (XLM) and Ripple (XRP) to bridge crypto with traditional finance.

Based on this narrative, some Pioneers interpreted that a middleware system would soon allow Pi to connect with traditional institutions, making Pi transactions interoperable with banks.

However, the account Pi Network argued that such claims are unreliable, explaining:

• The Pi Core Team has neither announced nor recognized GCV nor confirmed an official launch date of November 22.
• Assigning a specific date is a hallmark of fake news, used to plant hope in investors and manipulate price expectations.
• The story about Pi’s alignment with ISO 20022 did not originate directly from the PCT; most community discussions are interpretations that are favorable to Pi Network.
• The idea of a simple middleware connecting Pi and banks is oversimplified. Research from Stellar shows that such integration is highly complex and typically requires a stablecoin bridge.

“For reference, November 22nd is the date when the SWIFT network stops routing old-style MT messages. This only applies to members of the SWIFT network, which is a private cooperative. SWIFT is a messaging network, while Pi is a blockchain — blockchains transmit value, not messages,” X Account Pi Network said.

In August, the Pi Core Team launched a campaign encouraging the community to report misinformation.

However, many investors still choose to believe information that benefits their portfolios, even when it lacks verification or credible sources.

“Remember: Only what Pi Core Team says is real,” Pi Network added.

Meanwhile, Pi Supply on Exchanges Hits a Record High

In the first week of November, the Pi exchange balance reached a new all-time high of over 423 million PI, increasing by more than 13 million PI compared to BeInCrypto’s previous report. In the past 24 hours alone, more than 2 million PI tokens have been transferred to exchanges.

Despite some positive developments — such as the AI-based KYC system upgrade and Pi Network Ventures’ first investment in OpenMind — many holders continue to sell. The overall market sentiment remains dominated by fear.

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