Record-breaking Altcoin: “All Fake, Not Listed Anywhere Yet!”

After the listing news in the last few days, it has experienced a great increase in its price. altcoin Pi Network (PI), In his statement on his official Twitter account, he announced that he was not listed on any stock exchange.

Huobi, one of the major exchanges, recently announced that it has listed the PI token. However, there are also some reports questioning the reliability of the Pi Network.

“Pi Network Altcoin Is Not Listed On Any Exchange”

Pi Network made the following warning about the listings in its official statement:

“Pi is not listed on any exchange and Pi Network is not involved in any pseudo-listing. You may incur significant losses by participating in unauthorized listings.”

The statement also includes PI cryptocurrency It is also stated that the network is currently operating as a closed network and does not participate in any of the mentioned listings.

Pi Network also requested that the token be delisted from the exchanges that made the aforementioned listings.

The Pi dev team concluded their announcement as follows:

“At this time, Pi Network advises all Pioneers and potential Pi users not to interact with any of these exchanges or third-party parties as their actions are not connected to the Pi Network and could cause significant harm to Pi users.

Pi Network also requests the removal of these posts and exchange listings and is evaluating additional actions regarding third parties and exchanges. In the meantime, it’s important to reiterate that during the Closed Mainnet period, trading the Pi through an exchange is expressly prohibited and doing so would be a violation of Pi’s policies.

Pi’s unique innovative design of the Closed Network era is a strategic choice to create a true network of content and utilities, keeping in mind the interests of the network, the community, and individual Pioneers. Mainnet’s current Closed Network era allows Pi Network to focus on two priorities: mass KYC/migration and building ecosystem utilities. Both are key steps towards our ultimate goal of creating a viable ecosystem to prepare for the Open Mainnet.”

*Not investment advice.