Pi Token Secures Multiple Exchange Listings Ahead of Its Launch

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🚀 Pi Token: The New Kid on the Block, and Everyone Wants to Be Friends! 💸

So, Pi, the native token of Pi’s Open Network, is strutting its stuff and snagging more exchange listings like it’s the hottest thing since sliced bread. 🍞

This week, Pi Network decided it was time to level up and announced its transition to the Open Network phase of the Mainnet, which is set to kick off on February 20, 2025. Mark your calendars, folks! 🗓️

Exchanges Confirm Pi Network (Pi) Listings

In a move that surprised absolutely no one, OKX confirmed it would list Pi. Bitget quickly jumped on the bandwagon, introducing the PI/USDT trading pair. Because who doesn’t want to trade a token that sounds like a math problem? 🤔

As for Bitget’s deposit availability? Well, that’s still a mystery wrapped in an enigma. Meanwhile, MEXC has also decided to join the Pi party and announced its listing of the Pi token. It’s like a game of musical chairs, but with more crypto and fewer chairs. 🎶

Now, HTX (formerly known as Huobi) is taking a different route. With the Pi Network mainnet launch just six days away, HTX decided to play hard to get and announced the expiration of its Pi IOU (I owe you) trading. Because nothing says “trust me” like an IOU, right? 🙄

On February 13, the exchange delisted Pi and stopped all related trading services. Users affected by this delightful turn of events will receive Tether (USDT) at a conversion rate of 1:61.28. So, if you were hoping to cash in on your Pi dreams, you might want to adjust your expectations. 😬

Essentially, the halt price is the last known price of Pi before it was put on timeout. Once the mainnet launches, HTX promises to list the real Pi token and open spot trading services. Fingers crossed! 🤞

Meanwhile, Bybit’s CEO, Ben Zhou, is over here expressing skepticism about getting involved with Pi Network. Because who doesn’t love a little drama in the crypto world? Analysts are also waving red flags, warning that Pi’s listing on exchanges could be a rollercoaster ride of risks. 🎢

Let’s not forget, Pi Network has faced some criticism for its user base, which is mostly made up of less experienced investors. Experts are concerned these users might react like a cat in a bathtub when the market gets shaky, leading to price volatility and panic selling. And don’t even get me started on the pyramid-like structure and multi-level marketing strategy—talk about a legal headache! 😱

But hey, the market seems to be feeling optimistic about the Pi token. After the launch announcement, Pi’s IOU price shot up to a high of $71.2. Talk about a glow-up! ✨

However, the excitement has cooled off a bit. As of now, it’s trading at $61.2. According to BeInCrypto’s analysis, the expected price range for the Pi token during the launch is between $40.8 and $68.7. So, you know, just your average day in the crypto world! 😅

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2025-02-14 10:54