Pi Coin Secures Listing on CoinEx Amid Calls for Transparency

2 min

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.