Why Pi Network’s Listing is the Most Exciting Thing Since Sliced Bread! 🍞

by

In a universe where the improbable is just another Tuesday, millions of users across the globe, who have been diligently mining the Pi Network (Pi) — a meme coin that has sparked more debates than a Vogon poetry reading — can now trade this digital oddity following its grand debut on Bitget’s spot market. 🎉

In a press release that could only be described as a cosmic event, Bitget announced on the 17th of February (a date that will live in infamy) that Pi is now available under the Pi/USDT trading pair. This means users can now engage in the thrilling activities of deposits, trading, and a rather sweet airdrop promotion. 🍬

Bitget’s CandyBomb: A Sweet Deal or Just a Sugar Rush?

As if the universe wasn’t already filled with enough excitement, this listing comes just in time for Pi Network’s long-awaited official launch on February 20. To celebrate this monumental occasion, Bitget has rolled out a promotional campaign that promises to reward traders with additional Pi tokens. This initiative, whimsically dubbed “CandyBomb,” has allocated a staggering 150,000 Pi tokens to entice participation. Because who doesn’t love free stuff? 🎈

The event is set to last nearly two weeks, from February 16 to 27, at approximately 4:00 UTC. During this time, users can earn Pi by engaging in the thrilling sport of trading this meme coin on the platform. It’s like a digital treasure hunt, but with fewer pirates and more spreadsheets. 🏴‍☠️

Before securing a listing on Bitget, Pi Network had been embroiled in more controversies than a soap opera. Chinese authorities had previously flagged the project, alleging it bore a striking resemblance to multi-level marketing schemes — or as we like to call them, pyramid schemes. 🏰

In one of the more serious allegations, the Public Security Bureau of Hengyang City, Hunan Province, even classified the blockchain project as a scam due to its hierarchical invitation system. Because nothing says “trustworthy” like a system that sounds like it was designed by a committee of hyperactive squirrels. 🐿️

Adding to its colorful reputation, reports in 2021 claimed that the project had leaked around 17 gigabytes of personal data from approximately 10,000 Vietnamese users. This breach allegedly exposed sensitive information, including identity card details, home addresses, phone numbers, and email addresses. A source behind the leak claimed the data came directly from Pi Network, which is about as comforting as a towel that’s been used to mop up a spilled drink. 🥴

However, the Pi Network team vehemently denied these allegations, labeling them as false. They conducted an internal investigation, claiming no evidence of a security breach was found. Because, of course, internal investigations are always completely unbiased. 🙄

Mixed Reception: The Industry’s Skeptical Glance at Pi

Despite its past controversies, Pi Network is finally making its official debut, and long-time miners are practically salivating at the prospect of cashing out after years of accumulating this digital treasure on their smartphones. 💰

However, skepticism within the industry remains as thick as a Vogon’s poetry. Last week, Bybit CEO Ben Zhou publicly distanced himself from Pi Network, stating he had no involvement in the project despite the growing requests to list the token on his exchange. Because who wouldn’t want to be associated with a meme coin that’s been through the wringer? 🤷‍♂️

Meanwhile, crypto exchange HTX decided to take a different route, removing Pi from its platform and announcing that all user holdings would be converted into USDT stablecoin. Because nothing says “we believe in you” like a forced conversion. 🔄

While some exchanges remain hesitant, Bitget and OKX have boldly moved forward with listing the token for trading. It’s like watching a game of chicken, but with more zeros and ones. 🐔

In the meantime, Binance, the world’s largest crypto exchange, launched a community vote today, allowing users to express their opinions on whether Pi should be listed. However, they clarified that the poll results would not directly influence their decision. Because, you know, democracy is overrated when it comes to crypto. 🗳️

Users with at least 5 USDT in their accounts are eligible to participate in the vote. So, if you’ve got a few bucks lying around, why not throw your hat in the ring? After all, it’s not

Read More

2025-02-18 02:24