Summary
- Pi Network's market capitalization reaches $10.87 billion but remains unverified by CoinMarketCap.
- Pi Network has gained significant attention, maintaining top rankings in popularity since its OKX listing.
- Some sources have raised concerns, suggesting Pi Network might be a Ponzi scheme, warranting caution for investors.
As of 1:20 PM on the 26th, Pi Network is trading at $1.68 on OKX, up 6.48% from the previous day. Pi Network was listed on overseas exchanges including OKX on the 20th. On its first day of listing, it surged 1700% from its initial listing price to $2.25, but has since moderated its gains.
Pi Network's market capitalization reaches $10.87 billion according to CoinMarketCap. However, it still ranks 3,158th on CoinMarketCap's ranking, as CoinMarketCap has not completed verification of this market capitalization.
Since its listing on OKX, Pi Network has consistently maintained a top position in popularity rankings. There is also significant interest in Pi Network within domestic communities.
However, some argue that Pi Network is a Ponzi scheme. Ben Zhou, CEO of Bybit, shared a report where Chinese police warned that Pi Network was a scam targeting elderly people in 2023, stating "Pi Network is a suspicious project and we have no plans to list it" and adding "We don't want to experience problems in the crypto market again and will keep our distance."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
