The Pi Network (PI) experienced a journey full of controversy. Two exchanges listed the PI token, which skyrocketed the price of the token.
Reports of Huobi and XT.com listing PI skyrocketed the token’s price. But eventually, the community turned doubtful of the listing.
XT.com even tweeted that they will develop a trading championship with the Pi Network team, which increased the doubts regarding the announcements published by both platforms.
New Listing On #Huobi#PI @PiCoreTeam
Trading is available now👇https://t.co/e0UA6DK88s#newlisting pic.twitter.com/C9TQP3L0nf
— Huobi (@HuobiGlobal) December 29, 2022
Pi Network Denies Listing on Any Exchanges
The crypto community members have expressed negative opinions about the event, pointing out that there is no official announcement from the Pi Network. The community called out the Huobi team for scamming people.
Brian Becerra, the Ambassador at BeInCrypto, believes that “this type of announcement affects the credibility of the projects.”