Breaking News: Pi Network's $38.25 Price – What You Need to Know!

There's been buzz around a $38.25 price for Pi, but it's important to note that this figure comes from unauthorized third-party exchanges, not officially recognized by Pi Network. Currently, Pi remains in its Enclosed Mainnet phase, meaning no coins are officially listed for trading on legitimate platforms.

The Pi Core Team has stressed that trading Pi during this phase is prohibited and cautions users against the risks posed by these unofficial exchanges. Pi will only be available on trustworthy exchanges after the Open Mainnet launch. However, three major milestones still need to be reached before that happens: mass KYC completion, robust community engagement, and a stable global environment.

While excitement is building for the Open Mainnet expected in 2024, the team warns against rushing the process, as doing so could harm the project. In the meantime, users are advised to steer clear of unofficial exchanges and stay updated through Pi Network's official channels.$BTC

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