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Pi Network Core Team Clarifies Stance on Market Prices

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by Satoshi Nakamura

an hour ago


The Pi Network Core Team has issued a statement addressing recent claims of price surges for their token, emphasizing their focus on internal development over speculative trading. The publication provides the following information: this announcement comes amid growing interest in the token from third-party exchanges.

Statement from the Pi Network Team

In their statement, the team, led by co-founder Dr. Nicolas Kokkalis, clarified that they do not recognize any price fluctuations reported by unofficial platforms. They urged the community to remain cautious and avoid trading on these sites, which are not endorsed by the official team.

Focus on Migration and Ecosystem Utility

The Pi Network's primary focus remains on the migration to Open Mainnet and enhancing the utility of its ecosystem. The Core Team is committed to building a robust platform for users, steering clear of the volatility associated with speculative market activities.

In a recent development, BTCC has integrated its trading platform with TradingView, enhancing user experience amid ongoing discussions about the Pi Network's focus on internal development. For more details, see the full article here.

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