Although the Pi Network team announced that the Pi coin network would not officially open until 3:00 p.m. this afternoon, February 20 (Vietnam time), at 2:00 p.m., the innovative cryptocurrency exchange OKX (Hong Kong) allowed users to "place orders" to trade with this virtual currency.
Pi Network has announced that this virtual currency is expected to open its network at 8:00 UTC on February 20, 2025, which is around 3:00 p.m. today, Vietnam time - Photo: CONG TRIEU
Pi coin total supply reaches 100 billion USD in the future
In a quick update with Tuoi Tre Online, Crypto investment and consulting expert Nguyen Ha Minh Thong said that from 2:00 p.m., users of the OKX cryptocurrency exchange can "place test orders" for Pi Network coins.
"Trading is not officially allowed yet, but this is a form of pre-ordering, like pressing a number - placing a reservation, waiting for the transaction," Minh Thong said.
OKX allows users to place pre-orders. The expected opening price is around 2 USD/PI. Of which, there are nearly 1 million "matched" orders. - Screenshot
Information on the OKX exchange currently showing Pi Network coins shows that the starting "listed" price is around $0.1/Pi. However, according to expert Nguyen Ha Minh Thong, users are competing to "reserve" to buy Pi coins around the price of $2/Pi.
From there, Minh Thong thinks the official listing price could actually be about $2/PI higher.
"The current total supply is 6.3 billion Pi. If half of the Vietnamese population "mines" Pi, each person will absorb 126 Pi, which is enough for 1 dollar. But there is the whole world, so the expected price of 7 USD is reasonable. The actual future total supply of Pi Network must be 100 billion", Minh Thong shared.
"Pi player" holds his breath waiting for the clock to strike
According to the plan and information that the Pi Network team has previously provided, this virtual currency will open the network at around 3:00 p.m. on February 20 (Vietnam time). More than anyone else, "Pi players" in Vietnam and more than 60 million other registered accounts worldwide are "holding their breath" waiting.
Mr. Hoai Duong (living in Hanoi) said "I have to hold my breath to wait for the time". The feeling of "Pi player" Hoai Duong is excitement, anticipation and emotion. Because for "Pi players" like him, Pi coin is also the belief that they choose, trust and follow for a long time.
Since 2:00 p.m. this afternoon, on forums and groups such as PI NETWORK VIETNAM, Pi Network Viet Nam... posts about "placing orders" have continuously appeared.
The "Pickers" constantly urge each other to "hold the price", "not sell", "actively dig more"...
Pi Coin on OKX Exchange - Screenshot
Pi Network searches surge after surpassing 110 million downloads
On Google Play, the Pi Network app surpassed 110 million downloads. This cryptocurrency app is in the top 4 of the social networking category on Google Play.
Statistics from Google Trend show that from the beginning of February, the peak from the 12th until now, the number of searches for the keyword Pi Network has increased dramatically. On the evening of February 19, the number of searches for the keyword Pi Network reached the highest level since the day this virtual currency was announced in the past 6 years.
At noon on February 20, the top 10 trending keywords that Google Trends counted also included Pi Network.
Next to Pi Network, the keyword "OKX" is also in the top search trend. An economic - investment expert explains that the phenomenon of Pi Network and OKX being in the top search trend is natural. In addition to the fact that Pi coin is expected to be officially listed on the exchange at 3:00 p.m. this afternoon (Vietnam time), OKX is an innovative cryptocurrency exchange that has made many announcements related to Pi Network.
OKX was founded in 2017 in Hong Kong by Star Xu. This exchange supports Bitcoin trading and 350+ tokens, operates in 100+ countries, and is most prominent in derivatives trading.
From February 12 to now, the number of searches for the keyword Pi Network has increased dramatically. On the evening of February 19 alone, the number of searches for the keyword Pi Network reached the highest level since the day this virtual currency was announced 6 years ago - Screenshot
Source: https://tuoitre.vn/chua-niem-yet-chinh-thuc-pi-network-van-duoc-dat-do-voi-gia-niem-yet-khoi-diem-0-1-dola-pi-20250220144815025.htm
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