Pi coin holders on edge: Will the network launch

Pi Network, which has been generating buzz around its upcoming mainnet launch, is now facing rumors of a potential delay.

Speculations suggested the development team might prioritize launching a Decentralized Exchange (DEX) before the mainnet goes live.

However, this news was met with skepticism. Currently, Pi tokens hold no value, and there’s been a distinct lack of concrete information regarding the mainnet launch date.

Launching a complex financial instrument like a DEX before establishing a functional mainnet seems highly improbable.

The origins of the Pi DEX rumor were unknown at the time of writing, but there was some speculation around which group was responsible for the spread of this rumor.

It appeared to be the work of the Pi Network shilling team. This dedicated group is known for its daily barrage of news intended to go viral.

Their strategy is to keep the project in the public eye and maintain excitement among Pi Coin holders. But with the lack of a clear roadmap and delays in core functionalities, the effectiveness of this approach is questionable.

Pi Network’s shilling team has a history of generating buzz, sometimes through questionable means.

Previously, they ignited a firestorm by spreading a rumor that billionaire entrepreneur Elon Musk had somehow become involved with the project, even claiming he would accept Pi Coin as payment on his social media platform.

This sent the Pi community into a frenzy. However, when neither Pi nor Musk himself acknowledged these claims, the truth became clear that there was no such partnership.

This incident cast doubt on the shilling team’s tactics and raised questions about the project’s transparency.

While the Pi Network’s shilling team’s tactics can be dubious, there maybe evidence of progress beneath the hype.

The project is demonstrably taking steps towards a functional Open Network Mainnet if recent data is to be believed