The trading volume of Pi Token IOUs has reportedly hit $338,131.32 USD, amidst a twist in the mainnet roadmap update date. The price of Pi Token at the time of writing this report was $30.69 per (PI/USD).
Pi Network is a mobile-first blockchain platform that has been in development for over three years. The platform has over 33 million active users, making it one of the largest blockchains in the world by user base.
However, the mainnet launch of Pi Network has been delayed several times. The most recent update from the Pi Network team is that the mainnet launch is now expected to happen sometime in Q4 2023.
Despite the delay, the trading volume of Pi Token IOUs has been increasing in recent months. This suggests that there is still a lot of interest in Pi Network, even though the platform has not yet launched its mainnet.
It is important to note that Pi Token IOUs are not the same as Pi Tokens. Pi Tokens are the native cryptocurrency of the Pi Network. Pi Token IOUs are simply representations of Pi Tokens that can be traded on exchanges.
It is also important to note that the trading of Pi Token IOUs is risky. Pi Token IOUs are not listed on any major exchanges, and there is no guarantee that they will be able to be redeemed for Pi Tokens in the future.
The fact that the trading volume of Pi Token IOUs is increasing suggests that there is still a lot of interest in Pi Network. However, investors should be aware of the risks involved in trading Pi Token IOUs.
