Pi Coin Secures Listing on CoinEx Amid Calls for Transparency
Pi Coin has been listed on CoinEx, effective March 18, 2025. This allows trading of PI against USDT, enhancing accessibility for users.
- 86% of the Pi community supports a listing on Binance, but no confirmation has been received from the exchange.
- Questions arise regarding why Pi has not met the listing standards of major platforms despite its growing presence.
- Investors demand transparency about Pi Network’s funding sources, including investments from firms like 137 Ventures and Ulu Ventures.
- Discrepancies in investment portfolios have raised concerns about financial transparency.
- A lawsuit by former co-founder Vince McPhillip reveals that funding was raised through SAFE agreements issued in 2019-2020.
- Pi Coin has seen a significant decline in market value, reflecting broader community concerns.
- Despite challenges, PiFest 2025 attracted 100,000 registered sellers globally, indicating continued real-world use of PI tokens.
- The Pioneer Korea community reports a higher consensus valuation for Pi compared to its actual exchange rate, highlighting a gap between market valuation and community sentiment.
- Calls for more transparency from the Pi Core Team are increasing, focusing on funding clarity and stronger exchange listings.
Future credibility hinges on addressing these demands effectively.