Pi To Launch DEX, What's Next for Pi Coin Holders?

Key Takeaways
  • Pi Network faces rumors of a delayed mainnet launch and potential DEX introduction
  • Speculations swirl around Pi Coin's future value amidst community anticipation.
  • Elon Musk's alleged involvement in Pi Network remains unconfirmed despite previous rumors.
06-28-2024 By: Sakshi Jain
Pi To Launch DEX, Wh

Pi Network's Next Move: Mainnet or DEX Launch?

The Pi project, which has been in the news for the past few months due to the announcement of its network mainnet launch, has now come into the spotlight due to a new rumor. 

According to the information, rumors are circulating that there might be another delay in the Pi Network mainnet launch, and the Pi development team might launch a DEX (Decentralized Exchange) before the mainnet. However, currently, there is neither any value for its token nor any news about the mainnet launch. Hence, the talk of a decentralized exchange seems highly improbable.

The question arises as to who spread the rumor about Pi launching its DEX amidst the mainnet launch news. It turns out that this is the work of the Pi Network shilling team, a dedicated group of people who daily spread some news to go viral. This team keeps the environment heated up about the project so that the holders of Pi Coin remain excited about it.

Previously, the Pi shilling team also spread a rumor that billionaire businessman Elon Musk had joined the Pi project and was going to start payments with Pi Coin on his social media platform X. But when there was no reaction from either X or Musk regarding such news, the truth came out that the Tesla owner had not entered into any such partnership. 

However, people believe in one rumor that the Pi Coin will trade at around 30 to 50 rupees once it launches. Given the way users are connecting with this project, it can be said that the holders are still hopeful that the Pi Network mainnet will go live soon, and its native token Pi Coin will become tradable.

Official Post from the Pi Development Team Regarding Mainnet Launch 

Regarding the Pi Network mainnet launch, the development team associated with Pi recently confirmed through an official post on their social media account on X that they are fully prepared to make the mainnet live. 

However, in their recent post, the Pi team should have mentioned the launch date of June 28, which was considered the Mainnet launch date a few months ago. But from the recent post by the Pi team, it becomes clear that there is still some time left for the mainnet, indicating that the launch is not imminent. Yet, the holders of Pi Coin are still waiting for June 28. It remains to be seen whether the Pi Network will go live or if the holders will face disappointment once again.

Also Read: Pi Network Excitement Grows Amid Mainnet Launch and Rumors

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