OKX confirmed it’s going to record Pi shortly after Pi Community introduced its transition to the Open Community part. Bitget adopted with plans to supply the PI/USDT buying and selling pair, though deposit particulars stay unclear. MEXC additionally joined the lineup, additional signaling sturdy change help.
In the meantime, HTX (previously Huobi) is taking a distinct route. With simply days earlier than the mainnet launch, HTX ended its Pi IOU buying and selling on February 13. Affected customers will obtain Tether (USDT) at a fee of 1:61.28 primarily based on Pi’s ultimate halt value. HTX plans to record the precise Pi token as soon as spot buying and selling opens.
Regardless of rising change curiosity, Bybit CEO Ben Zhou expressed doubts about itemizing Pi. Analysts have additionally warned of dangers tied to Pi’s person base, which primarily consists of inexperienced traders. They warning that market swings may spark panic promoting. Moreover, issues over Pi’s multi-level advertising and marketing mannequin and potential authorized points stay.
Following the launch announcement, Pi’s IOU value surged to $71.2 however later eased to $61.2. BeInCrypto forecasts the token may commerce between $40.8 and $68.7 at launch.
With expectations constructing, all wait to search out out what Pi Community will do subsequent with the upcoming mainnet launch.