JAKARTA - Pi Network has confirmed that it will launch an Open Network on February 20, after previously being in the Enclosed Mainnet phase starting in December 2021.

Along with the launch of the Open Network, Pi Network (PI) will also be listed on OKX. However, since February 13, 2025, the price of 1 PI in the market is still a topic that many crypto investors and enthusiasts are looking for.

Based on data from CoinMarketCap, Pintu noted that the price of PI has fluctuated prices in the last 24 hours. Where as of February 13, the PI price fell 24.30 percent, with a price of 1 PI being at 60.60 US dollars (Rp992 thousand).

"It should be noted, the announcement on this graph confirms that Pi Network's main network (mainnet) has not been launched, and the prices listed on some exchanges are only for IOU (I Owe You), so it doesn't reflect the true asset value," Pintu noted.

As a digital asset investment platform including the leading cryptocurrency in Indonesia, Pintu advises investors to conduct in-depth research (Do Your Own Research) before transacting, given the high risks and uncertainties in this situation.

On the other hand, amid the Pi Network euphoria, some users on the trading platform have expressed their concerns about the potential risks of OKX's decision to list PI.

A user with the name @Asenup4 expressed his surprise because PI was listed, which he said could show a shift to a more centralized model.

In addition, there are problems faced by Chinese traders in completing the KYC verification process, which is needed to participate in Mainnet blockchain activities.

According to him, this verification process has experienced several delays, which was last postponed from December 31, 2024 to January 31.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)

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