Key Points:

  • Pi is in Enclosed Mainnet with no external connectivity permitted.

  • Pi Network isn’t affiliated with and hasn’t authorized any exchange listing, noting that such two listings may not operate on the real Pi.

Over two days, the conscious-crypto community has witnessed two exchanges announcing and then listing the Pi Coin (Pi Network). Such events seem to be super concerning to every Pi miner. However, the Pi Network’s official channel reconfirmed that Pi is in Enclosed Mainnet with no external connectivity permitted.

Starting on December 26, the two exchanges namely Huobi and XT.COM respectively announced to follow up with Pi Network’s updates to review Pi for listing, wherein the latter exchange was more aggressive by directly saying to list Pi Network on a certain day.

Subsequently, on December 29, XT.COM listed the PI/USDT pair as their prior announcement. According to an XT.COM release on December 28, the listing pair was only available for trade. Likewise, Huobi also stated that Pi Network spot trading (PI/USDT ) was available for trading right after its announcement, saying it would be opening Pi spot trading (PI/USDT ) at the same time.

The current situation appears to be one of the most concerning topics among the conscious-crypto people. Since the two exchanges, Huobi and XT.COM announced the listing PI/USDT pair, the global community has been blowing their mind. So far, the crypto community has observed two Pi Network listings with XT.COM being the first exchange to take that action.

It is understandable why the Pi listing attracts a whole lot of concern from the global community. However, great things have the tendency to not be long-lasting. On December 30, the official Twitter account of Pi Network confirmed that Pi Network isn’t affiliated with and hasn’t authorized any exchange listing, noting that such two listings may not operate on the real Pi.

Pi is in Enclosed Mainnet with no external connectivity permitted. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing. Such listings may not operate on real Pi. Participation may result in loss. Trust only official Pi channels: https://t.co/BZtL2zQOrj

— Pi Network (@PiCoreTeam) December 29, 2022

The announcement in response to the recent circumstances has attracted a lot of positive comments from the community. Chief of these is that the conscious crypto general and Pioneers would stay safe with such an announcement.

Despite the fact that Pi is in Enclosed Mainnet with no external connectivity permitted, the price of Pi trading pair on the two exchanges saw no sign of a decrease. The PI/USDT on XT.COM has increased by 103% in the last 24 hours while the figure on Huobi has grown by nearly 500% to $270 at the time of writing.

PI/USDT chart, source: XT.COM

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Thana

Coincu News