What is the moment of realizing your dreams? "King of Pyramid Selling" PI main network has entered the countdown, and OKX has announced that it will be launched online

Original | Odaily Planet Daily

Author｜Nan Zhi

After nearly six years, Pi Network, the "legendary project" in the currency circle, finally announced that it will be launched on the main network on February 20. PI has been full of controversy since its birth. "One coin, one young model, two coins for yachts". Various pyramid schemes, fission routines and slogans of heaven have given it countless believers, and are also regarded by many people. It is an "IQ detector".

Today, OKX announced that it will open Pi Network spot trading at the same time as the Pi Network main network is open. Could it be that the aunts are really going to get rich this time?

PI coin origin

Pi Network was founded in 2019 by Nicolas Kokkalis, Chengdiao Fan and Vincent McPhillip from Stanford. It initially promoted its desire to create a "inclusive finance" decentralized cryptocurrency, with the core concept being to lower the threshold for participation of cryptocurrencies. , allowing users to "mine" for free through mobile APP without professional equipment and power consumption.

In the early stage of the project, users were quickly accumulated through invitation system and social fission, and the KYC process began in the early 2022. As of the time of the main network announcement, there were more than 60 million users, of which 19 million users completed KYC, and more than 10 million users have been moved to its main network.

OKX spot

OKX's coin recharge, bidding and spot trading hours are as follows

• PI open recharge time: 10:45 am on February 12, 2025 (UTC+8)
• PI call auction time period: February 20, 2025 from 3:00 to 4:00 pm (UTC+8)
• PI/USDT spot trading opening time: 4:00 pm on February 20, 2025 (UTC+8), which is the same time as the main network of Pi Network.

It is worth noting that market order trading is not allowed in the first five minutes of spot trading, and the maximum limit order amount and maximum position amount are both US$10,000.

The current circulation supply of PI coins is 6.041 billion, which is 65% of the current total 9.294 billion.

IQ detector? Myth of getting rich? Or is it the beginning of the entry of

users outside the new round of the lap?

The dispute over the true value of PI has never stopped since its inception. However, it is undeniable that the concept of PI≈ is highly promoted and fission has been deeply rooted in people's hearts.

In addition to the Pi Network project itself, many other projects that borrow PI titles have set considerable records. In the second wave of inscriptions at the end of 2023, the market value of piin once exceeded US$20 million, and its trading volume has long occupied the top five in the OKX inscription market. In the current inscription rankings, the market value of the two latest PI concept inscriptions, π and п, has reached US$138 million and US$16 million respectively.

At the same time, Pi Network was also surrounded and intercepted due to its involvement in gray products. CCTV once reported that Pi Network was a "typical pyramid scheme project", pointing out that its claimed high returns (such as "1 Pi=200 USD") lacked practical support and could mislead investors. Police in India, Vietnam and other countries have also launched an investigation into Pi Network, believing that its activities may involve illegal fundraising and pyramid schemes, and warned participants that they may face legal risks.

In 2021, DOGE led a huge number of users and incremental funds to the market. In this bull market, many users are also waiting for a token that breaks the circle. Can PI take over TRUMP to complete this task and lead countless aunts to enter the market? Let's wait and see if it's still the Top Signal that has become a user and funds exhausted.