Pi Network has been buzzing with a live price of $38.25, but there's a crucial detail to be aware of. This price is being circulated by unauthorized third-party exchanges, not officially sanctioned by Pi Network. Right now, Pi is still in its Enclosed Mainnet phase, meaning no coins have been listed for trading on any legitimate platform.
The Pi Core Team has emphasized that trading Pi during this phase is not allowed and warns users of the risks involved with these unofficial exchanges. Only when the Open Mainnet launches will Pi be available on trusted exchanges. But for that to happen, we’re waiting on three big milestones: mass KYC completion, strong community engagement, and a stable global landscape.
While there’s growing anticipation for the Open Mainnet in 2024, the team has made it clear that rushing this process could jeopardize the entire project. Patience is key! In the meantime, users should avoid these unofficial exchanges to protect their assets and stay tuned to official Pi Network channels for the latest updates.
