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Beware Doge, Shiba Inu': HTX gearing up for the launch of Pi Coin. What fuels the fire burning within Pi Network's Pi Coin? Can it hold out?
Pi Coin from the Pi Network: what fuels the fire of interest so intensely as HTX launches PI Coin? Find out about Pi Coin's mainnet launch, Binance listing, and speculation for its future.
As HTX lists PI Coin, what is driving the intense interest in the crypto?
Pi Coin: only a handful of days remain before the official launch of the mainnet on 20 February by Pi Network, and the crypto world is thus on fire with speculation and eagerness. Recently, the coin gained wide acceptance as HTX one of the big centralized exchanges rushed in to prepare by taking off its PI IOUs coin and making everything USDT ahead of time for Pi's debut.
While some exchanges go for a PI IOU-to-official Pi conversion ratio based on the market's price at launch, HTX went ahead with a more definitive method. The formula: Delist the old coin, swap it for USDT, reimburse user prior to listing the official Pi token without any prior baggage. Now, at a rate of 1 PI IOU = 61.28 USDT, users can see their converted funds in their HTX spot accounts.