After six years of development, Pi Network has announced the launch date for its mainnet. Simultaneously, the OKX exchange has confirmed the listing of the company's native token, PI.
Pi Network Announces Mainnet Launch
Pi Network stated in a blog post on February 11 that they will transition to an Open Network on February 20 at 8:00 AM UTC.
Listing of PI Token on OKX Exchange
OKX has confirmed it will activate trading for the PI token starting February 20, offering a PI/USDT trading pair. The PI token has a circulating supply of 5.96 billion tokens, with deposits opening on February 12.
Market Expectations Post-Launch and Listing
Analysts warn of potential price corrections for the PI token as long-term miners, known as 'Pioneers', may offload their holdings. This situation resembles recent downturns in other cryptocurrency markets.
The mainnet launch of Pi Network and its token listing on OKX opens trading possibilities, potentially impacting the cryptocurrency market significantly.
