This week, Pi Network announced the transition of Main-Net to the open network stage, which will start on February 20, 2025. Crypto investors and traders Pi Network’s local token Pi Coin’s official launch is looking forward to looking forward. A little time before the launch, the crypto exchange is a positive signal to list the tokens.
More crypto exchanges approved the list of Pi Network (Pi Coin)
Kriptokoin.comAs you have followed from the announcement of the Pi Network, the leading crypto exchange OKX confirmed plans to list Pi. Soon after, Bitget made the same thing and introduced the PI/USDT trading parity. For now, the details of Bitget’s deposit usability have not been disclosed. He also announced today that it lists the Pi token in the Mexc today. These lists point to the determination of stock exchanges to support the integration of token.
Meanwhile, HTX (formerly Huobi) adopts a different approach. Only six days before the launch of Pi Network Mainnet, HTX announced that Pi Iou (I owe you) has ended. On February 13, the stock market removed Pi from the list and stopped the relevant trading services. Depending on the Pi’s stop price, affected users would receive Tether (USDT) with 1: 61.28 conversion rate. Essentially, the stop price is the latest price known before Pi’s trade is suspended. After the main-Net is launched, HTX plans to list the real Pi token and open spot trade services.
Despite the stock market lists, the criticism continues!
These lists emerged when Bybit’s CEO Ben Zhou expressed his strong doubts about being involved in Pi Network. Analysts also warned that Pi’s listing on stock exchanges brought risks. In particular, Pi Network was faced with criticism for the user base. First of all, it consists of less experienced investors. Experts warn that these users can react unpredictable fluctuations in the market, increase price volatility and panic sales potential. In addition, pyramid -like structure and multi -level marketing strategy led to legal concerns.
The expected price range for Pi Token
In the meantime, despite the criticism, we witnessed that the market accepted the Pi token and risen on it. Following the launch announcement, Pi’s IOU price rose to $ 71.2. However, acceleration slowed down a little. Token is traded for $ 61.2 during the article. According to the analysis of experts, the expected price range for Pi Token during the launch will be between 40.8 and $ 68.7.
Pi Iou Price Performance. Source: TradingView
