Pi Network Holds Steady at $48.02 as Trading Restrictions Remain in Place

Posted on

Beritabulukumba.com – The price of Pi Network (Pi) today, December 29, 2024, remains steady at $48.02 as of 09:10 WIB on CoinMarketCap. The live price data shows Pi trading at $48.01 USD, with a 24-hour trading volume of $325,303 USD. The price has increased slightly by 0.05% in the last 24 hours. Despite its growing interest, Pi’s current CoinMarketCap ranking stands at #3507, with no live market cap available, while its circulating supply and maximum supply are also not listed.

Pi Network’s Stance on Unauthorized Listings

The Pi Network Core Team has reiterated its stance against unauthorized listings of Pi tokens on third-party exchanges. The network clarified that Pi is still in the Enclosed Mainnet period, meaning that it is not approved for trading or listing on any platform.

“Several unauthorized exchanges and potential unknown third parties are attempting to list Pi or tokens claiming to represent Pi without the consent or involvement of Pi Network,” stated the Core Team.

The network emphasized that there is no Initial Coin Offering (ICO), crowdfunding, or official sale of Pi tokens. Any listings or sales of Pi on external exchanges are unauthorized and unaffiliated with the Pi Network. Engaging with these entities could lead to significant financial risks for users.

Warnings to Pioneers

Pi Network strongly advises its community, known as Pioneers, and potential users to refrain from engaging with any exchange or third-party actor claiming to trade Pi tokens. The Core Team is actively requesting the removal of such listings and evaluating further actions against violators.

During the current Enclosed Network phase, transactions involving Pi on any exchange are strictly prohibited and considered a violation of the network’s policies.

Future Prospects

Pi Network continues to focus on its roadmap toward the Open Mainnet phase, while reinforcing its commitment to the security and authenticity of the ecosystem. Users are encouraged to stay updated through official channels and adhere to the network’s policies to avoid potential losses.