The Pi Coin Network Thrives Despite Controversies

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The Pi Coin Net­work con­tin­ues to be one of the largest cryp­to-com­mu­ni­ties, with mil­lions of min­ers and a huge social media pres­ence. How­ev­er, despite its large fol­low­ing, the plat­form has failed to launch its main­net to the pub­lic since it came into exis­tence, caus­ing jit­ters to some of its users. 

Pi Coin Launch Controversy

The delay in launch­ing their main­net result­ed in oth­er platforms/ orga­ni­za­tions tak­ing advan­tage and launch­ing their own token with the same name and brand­ing as the Pi Coin plat­form. The fake Pi Coin project was also able to quick­ly get list­ed on some of the biggest cryp­to exchanges in the world, includ­ing Huo­bi and XT.com.

The launch of the Pi Coin token by unau­tho­rized enti­ties caused a stir in the mar­kets, with mil­lions of Pi Coin com­mu­ni­ty mem­bers won­der­ing if the project’s main­nete had been made pub­lic. The Pi Net­work, through its social media account, had to release a state­ment warn­ing its users about the token. 

How­ev­er, the launch of the token also remind­ed its mil­lions of users what they have been wait­ing for the past few years. WIth the project hav­ing stayed in a pri­vate main­net for years, with­out pro­vid­ing the dates on when it will go live, and become acces­si­ble to its users, some peo­ple have gone on to term the project as a scam.

Some of the rea­sons they cite as mak­ing the project a scam has includ­ed the lack of clear com­mu­ni­ca­tion. Some, they view the project as har­vest­ing their users’ data and sell­ing it to third par­ties, where they are able to profit. 

The Pi Coin Forecast

Despite the crit­i­cism, most peo­ple remain opti­mistic that the project will be launched in the future. How­ev­er, as of today, the Pi Coins tokens that most of its users have mined remains worthless.

In case it is launched in the near future, my price expec­ta­tion is for it to plum­met quick­ly. I also do not expect it to open high­er than a $0.1 price due to the num­ber of users already pos­sess­ing the coin. 



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