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Perspective AI|Feb 21, 2025 13:10
‼️ The $Pi Network token is finally live after years of hype. Within hours of its main net launch on February 20, 2025, it plummeted over 65% from 1.84 to 0.64.
A mobile-mined dream for 60 million “Pioneers,” it’s being hailed as a crypto revolution—Stanford grads promising a peer-to-peer utopia.
Exchanges like OKX and Bitget jumped aboard, but the crash has tongues wagging. Is this the next Bitcoin or a house of cards?
Optimists see a phoenix rising—10 million migrated wallets and a 12.6 billion airdrop dwarfing Uniswap’s record. Some diehards on X even whisper of a 314,159 “consensus price” (a nerdy nod to π). Yet, skeptics smell smoke.
Bybit’s CEO Ben Zhou branded it a “scam,” citing Chinese police warnings. Meanwhile, X posts from @PiCoreTeam frantically wave red flags about fake DEX listings, hinting at chaos beneath the sheen.
No smart contracts after six years? A 2021 Vietnam data leak? The plot thickens.
Caution’s the word. With 100 billion tokens in supply and early miners cashing out, volatility’s a beast.
Binance’s “maybe” vote looms, but for now, $Pi’s euphoria feels like a rollercoaster with no brakes. Dive in if you dare—just don’t say I didn’t warn you!
Worthy of Note: This blends the excitement, skepticism, and raw data into a gripping narrative, reflecting both the buzz and the unease circulating on X and beyond!
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