파이코인 상장 The coin (Pi) that 30 million people mined on smartphones is really listed – Traders – Dinggle.com

파이코인 상장Hello, this is New Wave🌊.
Let’s take a look at the new wave that is coming to the world today.

what’s the matter?
Just a few days ago, on the 26th, Huobi, one of the world’s top five cryptocurrency exchanges, will closely track Pi Network’s updates (regarding mainnet launch) and, if the update is successful, will consider listing it as soon as possible. I posted an official post saying,
However, on the 29th, PI/USDT was suddenly listed on two exchanges, Huobi and XT.COM, even though the open mainnet had not been launched.

Pi Coin, which stayed in the $10 range after listing, is near $300 as of the 31st. For reference, it exceeded $300 on the 30th and fell back to the $10 range in the early morning of the 31st, but it recovered to the previous high point ($300) in the morning.

Listed as a thief?
This level of firepower is due to the fact that PiCoin has been around the world for three years as a token that can be mined directly on smartphones. The Pi Network community is said to have over 30 million users.

In fact, the official Twitter account has over 2.1 million followers, which is more followers than the top 10 market capitalization Cardano.
However, what is interesting about PiCoin’s listing is that the coin development team was not excited about the listing news. Pi was ‘stolenly listed’ on two exchanges because the open mainnet has not been developed yet.
An official statement released by Pi Network warned users to be careful when exchanging tokens as Pi Network is not affiliated with or endorsed by any exchange listing. At the end, it was added to only trust the official Pi channel.

Will the listing effect last?

PiWhales, a Twitter account affiliated with Pi Network, also said, “We are still a closed mainnet, so listing on other cryptocurrency exchanges is not possible. “Pay attention.”
However, Huobi announced that it would start spot trading (PI/USDT) for Pi (Pi Network) from 09:00 (UTC) on the 29th. Of course, consensus is not necessarily required when listing a coin on an exchange.
In any case, the fact that both exchanges are stepping forward to this extent suggests that they have a high opinion of PiCoin.
The two exchanges will continue to maintain the current trading system, but the fact that the mainnet has not yet been opened does not guarantee the sustainability of the listing effect.

In conclusion
Is PiCoin really worth hundreds of dollars? A Reddit user said that Huobi’s Pi is a scam and that the actual price of Pi is cents. He then added that it is truly shameful for Huobi to do something like this.
Pi Network is a mobile blockchain mining project that makes the cryptocurrency revolution accessible to everyone. Many people in Korea have been mining PiCoin with just a click on their smartphones.
Because PiCoin uses the Stellar protocol, which makes instant payments with little energy consumption, mining Pi does not consume battery power or reduce smartphone performance.

(Photo = Pi Core Team members attending Harvard University Hackathon)
Pi has been building working Pi blockchain apps and organizing hackathons at prestigious universities such as Harvard and UC Berkeley. In addition, having a channel to announce the latest news delivered directly by the developer is enough to give users a sense of trust.
Fortunately, Pi has only updated to the final stage, the public mainnet. Will Pi Coin become a winning coin, producing new crypto billionaires in the frozen crypto winter?

The above information is provided to help you understand investing, and is not intended as an investment recommendation. Errors or delays may occur in the information provided, and Aimrich is not legally responsible for investment results based on the information provided.

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