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Cryptocurrency News Articles
Pi Network Shillers’ Hopium Delusions Claim Countries Have Adopted Pi Coin
Oct 22, 2024 at 03:05 am
LUCKNOW (CoinChapter.com) — Pi Network continues to flirt with over-the-top marketing tactics as its much-anticipated mainnet launch remains in limbo.
Pi Network continues to face delays in its mainnet launch, with its fans engaging in誇張的營銷策略. Having missed several deadlines since 2021, the project’s遲延 and vague promises have added to the discourse around its legitimacy.
Recently, the Pi team extended the KYC verification deadline to Dec. 2024, adding to the skepticism around the launch. Despite its ambitious vision, the project’s execution has been marked by inconsistencies, leaving users to wait indefinitely for a token that is yet to be tradable.
Pi Network’s social media presence, on the other hand, has been a hotbed of aggressive shilling campaigns, making outlandish claims about the value and potential of the Pi Coin.
From calling Pi the “King of Crypto” to hinting at partnerships with entire countries, Pi-related accounts have been fanning the flames of hype rather than addressing the concerns of a growing number of skeptics.
Hopium Delusions Continue For Pi Network Shillers
A post by a Pi Network fan social media account, ‘Pi Moderators,’ added its contribution to the list of nonsensical shilling tweets. The tweet claimed that several countries have adopted Pi Coin as “an official and legal currency for their international exchanges.”
Pi Moderator made some senseless claims, with no tangible proof.
Not a surprise since a few months back, there was a hopium-fueled wet dream that claimed Musk was considering adopting PI coin. Snoop Dogg would probably print that news and roll a doobie to get some extra kick out of his usual grass.
However, as of now, Pi Network has not even launched its mainnet, which would entail an official Pi token for any country to adopt, let alone integrate into their financial systems.
The baseless claim is a blatant attempt to inflate Pi Coin’s legitimacy by cashing in on its followers’ blind optimism, without any substantial backing.
The same account earlier posted another tweet that pegged the value of Pi Coin at a staggering $314,519 per token. The claim is part of a mass delusion that has gripped many Pi Network users, who hope that the PI coin price will be worth a value similar to its namesake mathematical constant.
Pi Network users dream of such weird price tags.
The figure is completely fabricated, given that the Pi Network token is not listed on any exchange. These posts highlight a disturbing trend within the Pi Network community—one dominated by exaggerated hype and misinformation rather than concrete developments.
The project’s core team, which is usually tight-lipped on important updates, continues to avoid addressing these blatant lies and misleading posts. While beneficial for their marketing goals, Pi core team’s silence could harm trust in the project.
This ongoing misinformation campaign reveals the dangerous negligence of the Pi Network team, putting its community at risk. Without proper moderation, the hype surrounding Pi could lead many to serious financial harm.
With posts like these, it’s no wonder Pi Network founder Nikolas Kokkalis does not come out of his room to appear on social media.
The post to which this snippet pertains is available at CoinChapter.
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- Raoul Pal: The Convergence of AI and Blockchain Will Reshape Society and the Economy
- Oct 22, 2024 at 08:20 am
- Recently, Raoul Pal, Co-Founder and CEO of financial education platform Real Vision, shared his thoughts on how the growing convergence of AI and blockchain could reshape society and the economy.