Pi Token Gains Major Exchange Listings Ahead of Launch

OKX confirmed it will list Pi shortly after Pi Network announced its transition to the Open Network phase. Bitget followed with plans to offer the PI/USDT trading pair, although deposit details remain unclear. MEXC also joined the lineup, further signaling strong exchange support.

Meanwhile, HTX (formerly Huobi) is taking a different route. With just days before the mainnet launch, HTX ended its Pi IOU trading on February 13. Affected users will receive Tether (USDT) at a rate of 1:61.28 based on Pi’s final halt price. HTX plans to list the actual Pi token once spot trading opens.

Despite growing exchange interest, Bybit CEO Ben Zhou expressed doubts about listing Pi. Analysts have also warned of risks tied to Pi’s user base, which mainly consists of inexperienced investors. They caution that market swings could spark panic selling. Additionally, concerns over Pi’s multi-level marketing model and possible legal issues remain.

Following the launch announcement, Pi’s IOU price surged to $71.2 but later eased to $61.2. BeInCrypto forecasts the token could trade between $40.8 and $68.7 at launch.

With expectations building, all wait to find out what Pi Network will do next with the upcoming mainnet launch.