Is Pi Coin a groundbreaking innovation or a clever marketing strategy? In this article, we’ll explore the controversies surrounding Pi Network and unpack its trading status, and try to answer the burning question: is Pi Coin legit or just a fluke?
Picture this: a digital currency that can be mined on a mobile device without specialized hardware or excessive energy consumption. That sounds like a game-changer, right? Well, that’s precisely what Pi Coin claims to be.
Created by Stanford graduates, Pi Coin aims to be a decentralized and eco-friendly alternative to traditional cryptocurrencies.
But here’s where it gets weird: Pi Coin is still in beta testing, and yet its prices and trading volumes are showing up on main cryptocurrency platforms, including CoinMarketCap, Binance, and Coinbase.
Moreover, some individuals claim to have already amassed significant amounts of Pi Coins and offer them for sale on certain exchanges.
The FUD has reached new heights, with some Twitter users claiming the value of one Pi coin to be $314,519, more than 10x of the current BTC price.
Source: https://crypto.news/pi-coin-is-silent-on-pi-day-as-users-await-mainnet-launch/