Pi Network Gains Momentum with Exchange Listings
PI is a local token for the PI open network and has received more exchange lists in preparation for official release.
This week, PI Network announced the transition to the open network phase of the main network, which is scheduled to begin on February 20, 2025.
Exchange confirmation PI network (PI) list
Follow the announcement of PI NetworkOKX confirmed the plan to list PI. Soon after, bite Subsequently, the Pi/USDT trading pair was introduced.
At present, details of BITGET’s deposit availability have not been disclosed. Furthermore, today, mexc The listing of PI tokens was also announced. These manifests mark the exchange’s commitment to supporting token integration.
at the same time, cooperate (Formerly Huobi) is taking a different approach. and PI network main network HTX launched in just about six days, announcing the expiration of its Pi iou (I owe you) deal.
On February 13, the exchange picked on PI and stopped related trading services. Based on the PI’s pause price, affected users will receive Tether (USDT) With a conversion rate of 1:61.28.
Essentially, the stop price is the last known price before the PI pauses the transaction. After the mainnet is started, HTX intends to list the real PI token and open it Spot trading services.
These lists are Bybit CEO Ben Zhou, Express Strong suspicion about participation in the PI network. Analysts also warn that PI’s listing Communication comes with risks.
It is worth noting that PI networks face criticism due to their user base. It consists mainly of inexperienced investors. Experts warn that these users may react unpredictably to market volatility, increasing potential Price fluctuations and panic for sale. In addition, its pyramid-like structure and multi-layer marketing strategy have Legal issues were raised.
Nevertheless, the market seems to be bullish on PI tokens. After the announcement, Pi’s IOU price soared to $71.2.
Despite this, the momentum has dropped slightly. As of writing, it traded at $61.2. According to Beincrypto’s analysisDuring the release period, the expected price range for PI tokens ranges from $40.8 to $68.7.
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