The recent decision by OKX to list Pi Network's token, PI, has sparked considerable controversy in the cryptocurrency community. 🚨 The exchange announced that it will list PI on February 20, triggering debates about the project's legitimacy and its potential resemblance to a pyramid system. 🤔 Despite having over 70 million users mining Pi Network on smartphones globally, critics remain skeptical about the project's structure.
Following OKX's announcement, other exchanges have reacted cautiously. Bitget confirmed it would also list PI on the same day, while Bybit's CEO, Ben Zhou, publicly rejected the idea, sharing his personal experience from the forex industry and expressing his desire to distance himself from such projects. Zhou stated, "I will stay away." ❌
The Pi Network's mainnet is set to launch on February 20 at 11:00 AM Turkey time ⏰, but many users who have mined PI are still struggling to complete the required identity verification (KYC). With the token soon to be traded on exchanges, the market's reaction and PI's price movement remain uncertain. 💸
#PiCoreTeam #picoin #AirdropAlert
