{"id":626063,"date":"2025-02-12T14:43:39","date_gmt":"2025-02-12T14:43:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=626063"},"modified":"2025-02-12T14:43:39","modified_gmt":"2025-02-12T14:43:39","slug":"pi-network-announces-official-mainnet-launch-date-as-okx-gears-up-to-list-pi-coin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pi-network-announces-official-mainnet-launch-date-as-okx-gears-up-to-list-pi-coin","title":{"rendered":"Pi Network Announces Official Mainnet Launch Date As OKX Gears Up To List PI Coin"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Pi Network (PI) has announced the official launch date for its mainnet after six years of development, with centralized exchange OKX set to welcome the blockchain&rsquo;s native token to its platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a Feb. 11 blog <\/span><a href=\"https:\/\/minepi.com\/blog\/open-network-launch-date\/\"><span style=\"font-weight: 400;\">post<\/span><\/a><span style=\"font-weight: 400;\">, Pi Network said that it is transitioning to an Open Network on Feb. 20, at 8:00 a.m. UTC.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/imgsrv2.voi.id\/v4HLVQsgihfzQLZq-P_OcvmJRMZDKjGdzQbxulpmXzw\/auto\/1200\/675\/sm\/1\/bG9jYWw6Ly8vcHVibGlzaGVycy80MzUxMjQvMjAyNDExMTkxNTIzLW1haW4ucG5n.jpg\" alt=\"Pi Network \" width=\"1200\" height=\"675\"><\/p>\n<h2><span style=\"font-weight: 400;\">OKX Exchange Confirms Listing Of Pi Network Coin<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Following Pi Network&rsquo;s announcement of its transition to an Open Network and its mainnet launch, <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/okx-launches-its-own-layer-2-network-to-join-immutable-and-others-in-the-growing-polygon-ecosystem\"><span style=\"font-weight: 400;\">OKX<\/span><\/a><span style=\"font-weight: 400;\"> said that it will activate trading for the project&rsquo;s native PI token, which has a circulating supply of 5.96 billion tokens, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/pi\/#About\"><span style=\"font-weight: 400;\">CoinMarketCap data<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">OKX is one of the first exchanges to list the new token, and will introduce a PI\/USDT spot trading pair. This will allow the millions of people, known as Pioneers, who mined PI through their smartphones, to finally trade their coins in the open market.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128226; <a href=\"https:\/\/twitter.com\/hashtag\/NewListing?src=hash&amp;ref_src=twsrc%5Etfw\">#NewListing<\/a>   <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&amp;ref_src=twsrc%5Etfw\">#OKX<\/a> will list <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PI<\/a> <a href=\"https:\/\/twitter.com\/PiCoreTeam?ref_src=twsrc%5Etfw\">@PiCoreTeam<\/a>! <\/p>\n<p>&#128994; <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PI<\/a>\/USDT Spot trading will begin at 8:00 AM on February 20 (UTC)<\/p>\n<p>More: <a href=\"https:\/\/t.co\/HeKW5ergKh\">https:\/\/t.co\/HeKW5ergKh<\/a> <a href=\"https:\/\/t.co\/pTy46CVZ8e\">pic.twitter.com\/pTy46CVZ8e<\/a><\/p>\n<p>&mdash; OKX (@okx) <a href=\"https:\/\/twitter.com\/okx\/status\/1889505981911941391?ref_src=twsrc%5Etfw\">February 12, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Deposits for the PI\/USDT trading pair on OKX will go live on Feb. 12, at 2:45 a.m. UTC. Thereafter, the PI call auction will take place on Feb. 20, from 7:00 a.m. to 8:00 a.m. UTC. Spot trading will then be activated the following day at 8:00 a.m. UTC, while withdrawals will open on Feb. 21, at 8:00 a.m. UTC.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">PI Coin Price Could Crash After Mainnet Launch<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since Pioneers will finally be able to trade their PI tokens on the open market, some analysts say there is a risk that the crypto&rsquo;s price will crash as soon as trading for PI goes live and the Pi Network mainnet launches.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Besides the potential selling pressure the market will face from long-term Pioneers who want to cash out the coins they have accumulated, there is also the sell-off trend that the majority of click-to-earn games have fallen into in the past.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The selloff trend was most recently seen with the viral <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/hamster-kombat-user-base-plummets-86-amid-competition-from-paws-and-political-backlash-as-hmstr-token-slumps\"><span style=\"font-weight: 400;\">Hamster Kombat<\/span><\/a><span style=\"font-weight: 400;\"> (HMSTR) token launch. Since its public market debut, the HMSTR token has fallen 83% from its all-time high.<\/span><\/p>\n<h2>Some Promising Alternatives<\/h2>\n<p>Amid the current market downturn, investors looking for projects with more upside than downside potential could consider selected presale projects. Temporarily sheltered from the market storm, some are still sucking in cash even as listed tokens take a dive.<\/p>\n<p>Take the <span style=\"font-weight: 400;\">first Solana layer 2 project <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400;\">, which has just raced past $20 million in funds raised in less than two months.&nbsp;&nbsp;<\/span><\/p>\n<p>Traders are excited about the project&rsquo;s potential to reduce congestion on Solana, a problem that&rsquo;s been exacerbated by the launch last month of the Official Trump (TRUMP) and Official Melania Meme (MELANIA) meme coins.<\/p>\n<p>Influential YouTube channel 99Bitcoins, with over 724K subscribers, says SOLX could surge 100X after launch.<\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>The project will help the Solana network scale by processing transactions off of the main Solana network, bundle theme together, and submit theme in batches to the SOL network for verification and record keeping. It&rsquo;s an approach that&rsquo;s similar to how Arbitrum (ARB) and Optimism (OP) interact with the Ethereum network.<\/p>\n<p><span style=\"font-weight: 400;\">Another project that continues to fly in presale is <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">MIND of Pepe (MIND)<\/span><\/a><span style=\"font-weight: 400;\">, the first AI derivative of a major meme coin brand that introduces a sophisticated AI agent trained to watch out for emerging trends in the crypto space and share them with the project&rsquo;s community.<\/span><\/p>\n<p>MIND has raised more than $5.8 million in less than a month as investors buy into a hybrid that straddles the two hottest sectors in crypto: meme coins and AI.<\/p>\n<p>Last but not least, many investors are turning to&nbsp;<a href=\"https:\/\/insidebitcoins.com\/visit\/bestwallet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400;\"> because it provides all of the features crypto holders need to secure, manage and grow their digital assets all from within one app.<\/span><\/p>\n<p>One big additional attraction is its Upcoming Tokens section, which flags early to wallet holders promising presales. It already has a great track record of finding winners. For example, it featured Pepe Unchained ($PEPU) before it was widely know at a price of&nbsp; $0.008. The token subsequently surged to as high as $0.06858 for a huge 757% gain.<\/p>\n<p>Its latest call is for a new project called <a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\">BTC Bull Token ($BTCBULL)<\/a>, a meme coin that will airdrop free Bitcoin to holders when it hits $150,000, $200,000, and $250,000. A frenzy of buying has taken the presale past $859k in just two days at a time of carnage in the broader crypto market.<\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/north-carolina-joins-strategic-bitcoin-reserve-bandwagon-with-new-bill-proposal\"><span style=\"font-weight: 400;\">North Carolina Joins Strategic Bitcoin Reserve Bandwagon<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/new-btc-bull-meme-coin-raises-100k-in-minutes-rewards-holders-with-bitcoin\"><span style=\"font-weight: 400;\">New BTC Bull Meme Coin Raises $100K In Minutes<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/top-crypto-gainers-today-feb-12-sushi-core-dao-frax-chiliz\"><span style=\"font-weight: 400;\">Top Crypto Gainers Today Feb 12&nbsp;<\/span><\/a><\/li>\n<\/ul>\n                                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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":626064,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-626063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pi Network Announces Mainnet Launch Date, OKX To List PI<\/title>\n<meta name=\"description\" content=\"The Pi Network has announced the official launch date for its mainnet as OKX says it will list the project\u2019s PI token.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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