LUCKNOW (CoinChapter.com) — Pi Network continues to flirt with over-the-top marketing tactics as its much-anticipated mainnet launch remains in limbo. Having missed several deadlines since 2021, the project’s repeated delays and vague promises have only added to the confusion surrounding its legitimacy.
Recently, the Pi team extended the KYC verification deadline to Dec. 2024, further fueling skepticism about whether the long-awaited launch will ever happen. Despite its ambitious vision, the project’s execution remains bogged down by inconsistencies, leaving users waiting endlessly for a token that is not yet tradable.
Meanwhile, Pi Network’s social media ecosystem has become a breeding ground for wild shilling campaigns, often making exaggerated claims about the value and potential of the Pi Coin.
Whether calling Pi the “King of Crypto” or hinting at partnerships with entire countries, Pi-related accounts seem more interested in fanning the flames of hype rather than addressing the concerns of a growing number of skeptical voices.
Hopium Delusions Continue For Pi Network Shillers
A post from a Pi Network fan social media account, ‘Pi Moderators,‘ added its contribution to the list of nonsensical shilling tweets. The tweet claiming that various countries have adopted Pi Coin as “an official and legal currency for their international exchanges” is blatantly false.
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 likely print that news and roll a doobie to get some extra kick out of his usual grass.
As of now, Pi Network has not even launched its mainnet, which means there is no official Pi token for any country to adopt, let alone integrate into their financial systems.
The baseless claim is a reckless attempt to inflate Pi Coin’s legitimacy, capitalizing on its followers’ blind optimism without substantial backing.
The same account earlier posted another tweet claiming Pi Coin’s value to be 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.
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, notoriously silent on important updates, continues to avoid addressing these blatant lies and misleading posts. While good for their marketing targets, 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.
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