Soon to be Traded but Still Leaves Many Questions, Here are 5 Latest Facts About Pi Network Crypto

Kapanlagi.com - Pi Network has become one of the crypto projects that has caught attention in recent years. After years of undergoing a closed development and mining phase, Pi Coin is finally ready to step into a wider arena with listings on several leading crypto exchanges.

On February 20, 2025, Bitget and MEXC exchanges will officially trade the PI/USDT pair, a monumental step for the Pi Network community. Equally interesting, OKX has also announced the listing of Pi Coin, which immediately triggered a price surge of over 100%.

However, behind this euphoria, various speculations have emerged regarding the future of Pi Network. Will this project truly become a major player in the crypto world? Or will this listing only create a temporary sensation? Summarized by Kapanlagi.com from various sources on Sunday (16/2), here are the latest facts about Pi Network.

1. Pi Network Listing on Major Exchanges: What Does It Mean?

After a long wait, Pi Network users finally have confirmation that their coins can be traded on major exchanges. Bitget and MEXC have confirmed the listing of PI/USDT starting February 20, 2025, following the lead of OKX, which has already listed Pi Coin for trading.

According to Bitget, this listing aims to "enrich the portfolio of assets available in the Innovation Zone, Web3, and public chain." This gives hope to the community that Pi Coin could start being used in a broader ecosystem.

However, a big question still looms:

• Will this listing be followed by other major exchanges like Binance or ByBit?
• Will the price of Pi Coin stabilize after the listing, or is it just hype?

2. The Surge in Pi Coin Price: Speculation or Real Trend?

After it was announced that OKX would list Pi Coin, the price of Pi Coin experienced a surge of more than 100%, from around $50 to over $95 in a short time. However, after that increase, there was a slight price correction.

Investors and the crypto community began to speculate whether Pi Coin could reach a price of $500 if it successfully entered other major exchanges like Binance. However, there are several factors to consider:

• Did the price surge occur due to momentary hype?
• Are there fundamentals supporting Pi Coin's price stability?
• What is the actual demand for Pi Coin in the market?

The crypto market is known for its high volatility, and often large price surges can be followed by sharp declines if there are no strong fundamentals.

3. Controversy and Skepticism Surrounding Pi Network

Behind the enthusiasm of the community, Pi Network also faces a lot of criticism. One of the biggest issues still being debated is the legitimacy of this project as a cryptocurrency that truly holds value in the market.

Some exchanges, such as ByBit, have openly refused to list Pi Coin, citing uncertainties related to regulations and the certainty of its ecosystem. Additionally, Bitget also removed several posts about Pi Coin, which sparked speculation that they are still skeptical about this project.

Some criticisms of Pi Network include:

• A referral model that is considered similar to a pyramid scheme.
• Still in the "enclosed mainnet" phase, thus not fully open to the global crypto ecosystem.
• Lack of transparency in its development roadmap.

Nevertheless, the Pi Network community remains optimistic that this project can grow and face these challenges.

4. Potential Listing on Binance and the Future of Pi Coin

The long-term success of Pi Coin heavily depends on the decisions of Binance and other major exchanges to list this coin. So far, Binance has not provided official confirmation, but if Pi Coin successfully makes its way onto the platform, it could trigger a significant price surge.

On the other hand, a rejection from Binance will continue to raise doubts about the credibility of Pi Network as a crypto project. Meanwhile, the launch of the Open Network on February 20, 2025, is a major highlight; if successful, Pi Coin has the potential to be used in various real-world applications, which would drastically boost adoption and demand in the market.

5. Risks and Opportunities for Investors

For investors and traders interested in Pi Coin, there are several things to consider:

Opportunities:

• Listing on major exchanges opens up wider trading access.
• The Pi Network community is very large, which can create high demand.
• If the listing on Binance occurs, prices could surge significantly.

Risks:

• There is still regulatory uncertainty and transparency issues with the project.
• The referral model is still considered controversial.
• High volatility can lead to significant losses in a short period.

Therefore, it is important for investors to conduct thorough research before deciding to buy Pi Coin.

6. People Also Ask (FAQ)

Is the Pi Network already tradable?

Yes, starting February 20, 2025, Pi Coin will be traded on Bitget, MEXC, and OKX.

What is the latest price of Pi Coin?

The price of Pi Coin has just surged from $50 to over $95, but has since experienced a correction.

Can Pi Coin reach $500?

Although there is speculation, there are no strong fundamentals to support this claim. Listing on Binance could be a driving factor.

Is the Pi Network legal and safe?

The Pi Network still faces controversy and criticism regarding its transparency and business model. Investors are advised to exercise caution.

(kpl/rmt)