This Crypto Drama Is Breaking the Internet, and You’ll Never Guess Why 🤯

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Bybit CEO Ben Zhou declared, with the subtlety of a train wreck, that Pi Network is “more dangerous than meme coins.”

Naturally, the Pi Network community responded with the grace of a bull in a china shop, dropping Bybit’s Google Play Store rating to a dismal 2.7 stars. 🐂💥📉

CEO Throws Pi Network Under the Bus

Zhou, brimming with candor (not charm), argued that Pi Network is less a cryptocurrency and more an elaborate exercise in community patience. The PI coin, he noted, remains adrift—like a paper boat in a storm—unlisted on major exchanges despite earlier teasers of grandeur on OKX and MEXC.

He also pointed out that Pi’s value is as solid as a soufflé in an earthquake, resting more on hope and hype than on boring things like “fundamentals.” And after what feels like an eternity of development (🐢), Pi still hasn’t managed a fully operational blockchain. Trading it publicly isn’t an option, leaving prospective buyers to gaze longingly at it like children outside a candy store.

Zhou cautioned that banking on optimism and FOMO (Fear of Missing Out, for those still catching up) is a risky endeavor. Projects that never actually, you know, *launch* their mainnet or achieve widespread adoption run the risk of being filed under “Why did we ever think this was a good idea?” He noted that Pi has delayed its mainnet launch and KYC processes so many times that they might as well start handing out participation trophies for patience. Most recently, they declared February 20, 2025, as their open network launch date. We’ll hold our collective breath. 😏🎈

KYC deadlines were also generously nudged forward to March 14. However, Pioneers reported technical issues that left them feeling like they were stuck in crypto-limbo. Many are now pleading for—get this—more time. Pi: the gift that keeps rescheduling. 🎁⏳

In Zhou’s opinion, projects like Dogecoin (DOGE) and Shiba Inu (SHIB) may be community-driven and meme-worthy, but at least they have actual blockchains. That makes them about as trustworthy as a used-car salesperson with a decent track record, which, in this case, is miles ahead of Pi’s opacity. Zhou even went so far as to call Pi a “scam” in the most unsubtle way possible. Ouch. ⚠️🚩

Pi Community Reacts with a Flurry of Fury

Pioneers weren’t exactly lining up to send Zhou thank-you cards. In fact, his words sparked melodrama and outrage, leading to a tempers-flaring, star-dropping campaign on Google Play. Some enthusiasts insist that Pi is still a work in progress, much like a soufflé that hasn’t risen yet but “totally will” if you give it just another 2… maybe 10 years. 🍰⏳

“Bybit CEO Ben Zhou’s statements about Pi Network reveal a deep lack of understanding and a superficial assessment of the crypto ecosystem,” exclaimed X user s_nakotomo, presumably from the comfort of an armchair labeled ‘resident expert.’

In retaliation, app ratings took a nosedive to 2.7 stars—a feat of coordination that deserves more applause than Pi’s actual milestones. Zhou, perhaps wondering if he should’ve gone into quieter industries like knitting or beekeeping, urged Pi’s team to explain their project more publicly instead of resorting to antics less becoming of a blockchain community. 🧵🐝

But, let’s face it, this isn’t Pi fans’ first rodeo. Binance once dared to propose a vote on listing Pi and later decided it wasn’t worth the trouble, prompting a digital mob to crash-rate their app to one star. Binance, ever the opportunist, introduced a feature allowing communities to vote on listings—turning outrage into profit, like the crypto-savvy Sherlock Holmes it is. 🕵️‍♂️💸

Meanwhile, the PI token continues to wobble around the $2 mark like a drunk trying to find the last subway home. At press time, it was holding onto $1.43 for dear life—a whopping less-than-1% climb in the past 24 hours. Slow clap, anyone? 👏🐢

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2025-03-10 16:39