PiDaoSwap: Pi Network Community Unveils New Innovation to Fight Price Manipulation

Jakarta, Pintu News – The Pi Network community is developing a decentralized exchange (DEX) called PiDaoSwap. This step is taken to address price manipulation allegedly carried out by outside exchanges.

PiDaoSwap is designed to ensure that the price of PI coins reflects the true market value, not the value distorted by third parties.

Launch of PiDaoSwap in the Pi Network Ecosystem

PiDaoSwap is currently in the final stages of development and will soon be launched on the Pi Network mainnet. The platform is expected to provide a solution to the problem of price manipulation that often occurs on outside exchanges.

Read also: Pi Coin Plunges 6.5%, How Much is Pi Network to Rupiah Today (3/24/25)?

According to reports from Pi Network VietNames, many manipulative activities are hindering the growth and development of Pi Network. PiDaoSwap is still awaiting Know Your Business (KYB) approval from Pi’s core team before it is officially launched.

However, the platform has secured organizational verification from Twitter (X), signaling progress in its development. This is an important step in ensuring transparency and fairness in the valuation of PI coin prices.

Controversies and Challenges Faced

There is growing frustration among the PI community regarding price manipulation by other platforms that allegedly use bots to artificially alter PI valuations.

Recently, Pintu News reported that there was bot activity on CoinMarketCap, which casts doubt on the centralized price tracking mechanism.

In addition, Binance has still not provided clarity regarding the listing of the PI coin, despite strong support from the community.

The absence of this decision has led to frustration among fans and supporters of Pi Network. This shows the importance of having a platform like PiDaoSwap that can provide a more fair and transparent platform for PI coin trading.

Read also: Pump.Fun Launches PumpSwap DEX to Compete with Raydium!

Intellectual Property and Trademark Issues

Pi Network has strict policies regarding the use of brands and branding related to “Pi”.

Official documentation from Pi Network prohibits the use of Pi-related branding without prior approval. This suggests that there may be changes that need to be made before PiDaoSwap can be officially launched.

This policy aims to protect the identity and integrity of Pi Network and all associated assets and products. It also emphasizes the importance of complying with established rules and regulations to maintain trust and security within the Pi Network ecosystem.

Overall, PiDaoSwap is expected to be a solution to many of the challenges faced by Pi Network and its community.

With the launch of this platform, it is expected to create a more stable and fair environment for PI coin trading, and reduce the negative influence of price manipulation by outsiders.

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*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:

• BeInCrypto. Pi Network, Pidaoswap DEX Price Manipulation. Accessed on March 24, 2025