Crypto Ahmet
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Bullish
🔥👀What will be the price of Pi Network? Here are the market expectations
In 2019, #Pi Network reached out to people from all over the world in order to make cryptocurrency mining accessible via mobile devices. The news of the listing was also very pleasing in this way.
The #PiNetwok token, which has not yet been listed on centralized or decentralized exchanges, will be officially launched by fully activating the mainnet.
The mainnet of Pi Network will be activated on February 20, 2025. It is important for investors to complete the KYC (identification process) process before the mainnet is launched.
With this announcement, it is expected that PI tokens will be released to the market and their price will be determined according to the supply-demand balance and market dynamics. Although a clear token economy and an official price announcement have not yet been made, it is anticipated that investor interest and market conditions will directly affect the price.
Is the PI (IOU) coin traded in the market showing the correct price?
Although a coin called PI (IOU) is traded on some exchanges, although there is no shortage of PI coins. However, these tokens cannot be provided with the real PI Network. So, what is PI (IOU) coin?
“IOU” is the duration of the details of “I Owe You” in English and refers to an informal document that one party accepts what another owes. Some exchanges have created assets traded under the name Pi (IOU) to allow speculation on the price of the Pi token, which has not yet been released. Those who own this coin are waiting for the Pi IOUs that the relevant exchanges have opened on the main network to be replaced with real Pi tokens.
Once these tokens are purchased, they cannot be withdrawn from an exchange and deposited into another exchange or a blockchain budget.
However, keep in mind that if PI is released, these tokens in the IOU descriptions will have nothing to do with the real price. When the official Pi coin is opened, it is likely to show a very rapid price movement in both directions.
#GeopoliticalImpactOnBTC
In 2019, #Pi Network reached out to people from all over the world in order to make cryptocurrency mining accessible via mobile devices. The news of the listing was also very pleasing in this way.
The #PiNetwok token, which has not yet been listed on centralized or decentralized exchanges, will be officially launched by fully activating the mainnet.
The mainnet of Pi Network will be activated on February 20, 2025. It is important for investors to complete the KYC (identification process) process before the mainnet is launched.
With this announcement, it is expected that PI tokens will be released to the market and their price will be determined according to the supply-demand balance and market dynamics. Although a clear token economy and an official price announcement have not yet been made, it is anticipated that investor interest and market conditions will directly affect the price.
Is the PI (IOU) coin traded in the market showing the correct price?
Although a coin called PI (IOU) is traded on some exchanges, although there is no shortage of PI coins. However, these tokens cannot be provided with the real PI Network. So, what is PI (IOU) coin?
“IOU” is the duration of the details of “I Owe You” in English and refers to an informal document that one party accepts what another owes. Some exchanges have created assets traded under the name Pi (IOU) to allow speculation on the price of the Pi token, which has not yet been released. Those who own this coin are waiting for the Pi IOUs that the relevant exchanges have opened on the main network to be replaced with real Pi tokens.
Once these tokens are purchased, they cannot be withdrawn from an exchange and deposited into another exchange or a blockchain budget.
However, keep in mind that if PI is released, these tokens in the IOU descriptions will have nothing to do with the real price. When the official Pi coin is opened, it is likely to show a very rapid price movement in both directions.
#GeopoliticalImpactOnBTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.