Markets
What’s the deal here?
- So, Pi Network’s PI token decides to moon by 30% because Kraken finally said, “Yeah, sure, we’ll list it.” Big whoop.
- This mobile-first thingamajig-where you tap your phone like it’s a slot machine-launched its mainnet in February 2025. 19 million KYC-verified users? Impressive. Or just a lot of people with nothing better to do.
- Already on OKX, Gate, and Bitget. But Bybit’s CEO? Oh, he’s still calling it a scam. Because, you know, Chinese police said something in 2023. Big deal. Everyone’s a critic.
So, Pi Network’s PI token is the belle of the ball on Friday, up 30% during Asia’s morning hours. Why? Kraken decided to join the party. Finally. Took them long enough.
Pi Network-the “tap-your-phone-to-mine” cryptocurrency. Because who needs traditional mining when you can just pretend your phone is a goldmine? Users form these “security circles,” which sounds like a bad spy novel. Stellar protocol? Sure, why not.
They launched their mainnet in February 2025 after years of operating in a closed ecosystem. 19 million KYC-verified users? That’s either a lot of believers or a lot of people who clicked “agree” without reading.
Already listed on OKX, Gate, and Bitget. And some smaller exchanges. You know, the ones no one talks about.
Bybit’s CEO Ben Zhou? Still not having it. Called it a scam in February 2025, citing a 2023 warning from Chinese police. Apparently, Pi Network was targeting elderly users and messing with pensions. Classy. Very classy.
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2026-03-13 07:53