Pi Coin Heats Up: Binance Rumors, Bybit CEO Calls it a Ponzi, and The Community Starts to Get Angry!

Jakarta, Pintu News – Pi Coin, which recently reached a market capitalization of $12 billion, has faced issues ranging from disappearing tokens to rumors of migration failures and speculation about listing on Binance. Is this the beginning of a new era or the beginning of a slow demise?

Pi Network: Innovation or the Next Fall?

Pi Network, which started with a simple vision to make it easier for anyone with a smartphone to mine crypto, has reached a significant milestone with the launch of its mainnet and the debut of its tradable token.

The project, which has attracted around 60 million users, promises to revolutionize the way people access and interact with blockchain technology. However, not all that glitters is gold.

The launch of Pi Coin may have been a watershed moment for its community, but it also brought with it no small amount of controversy. Accusations and skepticism from various parties, including Bybit’s CEO who called Pi Network a scam, added complexity to the Pi Network narrative.

Read also: 3 Memecoins that are the talk of the town ahead of Eid 2025

Controversy and Community Concerns

Since the launch of the main net, Pi Coin has experienced various technical issues that have disappointed its users. Delayed migration issues and tokens suddenly disappearing have left many users feeling unsure of the network’s security and stability.

These concerns are compounded by rumors that Pi Coin will soon be listed on Binance, one of the largest crypto exchanges in the world. While this could be good news, the uncertainty regarding the veracity and details of the rumor only adds to the uncertainty in the market.

Read also: SIMD-228 Proposal: Solana (SOL) Will Cut Inflation by 80%!

Market Reaction and the Future of Pi Coin

Despite facing significant challenges, Pi Coin’s market capitalization of $12 billion shows that the market is still very interested. This shows that many investors still see potential in the Pi Network vision despite concerns that cannot be ignored.

However, the future of Pi Coin remains uncertain. With technical challenges and community trust starting to falter, Pi Network must take swift and transparent steps to address these issues. Otherwise, they may face greater difficulties in the future.

Conclusion

Pi Network and Pi Coin are at a crossroads. With great potential comes equally great challenges. How they navigate the current issues will largely determine their future direction in this highly competitive crypto industry.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News for the latest updates on crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. Pi Coin: $12B Hype vs Reality Price Speculation. Accessed on March 14, 2025
• Featured Image: Mudrex