⚠️ Red alert: Pi wallet has become a scam target

The Pi Core Team has just issued an urgent warning about a series of scams targeting users' Pi wallets. Many bad actors take advantage of ignorance to spread counterfeit applications and unverified 'Pi giveaway' programs, aiming to steal wallet keys and appropriate assets.

Warning: Users must absolutely not share their private keys. Only use the official Pi Network app to protect digital assets.

❗️Pi Coin continues to plummet

In the past 24 hours, Pi Coin has slightly decreased, trading around $0.6277. The fluctuation range is from $0.6183 to $0.6299, with a trading volume of $51.28 million and a market capitalization of $4.63 billion.

This decline largely stems from the community's unstable sentiment due to Pi wallet scams, along with a lack of transparency in the project's development roadmap.

☘️ Wave of sharing: Pi Coin transferred to Mainnet wallet

On June 7, many users shared images of Pi Coin successfully transferred to the Mainnet wallet, marking the second transfer since the network officially went live.

This event has created a wave of excitement in the 'Pi holders' community, raising hopes for a future with real value for this coin.

🗣️ The debate over the value of consensus is still ongoing

A part of the community still hopes that GCV (consensus value) will reach $314.159 USD/Pi, but experts believe this figure lacks economic basis and is unlikely to materialize in the near future.

Note: This article is for informational purposes only and is not financial advice.

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