Partnership of Pi with 80 Financial Institutions: True or False?
- Pi Network faces continuous false claims and scams.
- The Pi team has not confirmed or denied these rumors.
- Investors should wait for the mainnet launch on June 28 before making any decisions.
Pi's 80 Financial Partner Rumor: True or False?
Since the announcement of the Pi Network's mainnet launch date, it has consistently been in the news for various reasons. These include speculations about its Pi Coin’s future value and rumors regarding Elon Musk's alleged involvement with the project. Every piece of news related to Pi Network is closely monitored by its community members. Unfortunately, some individuals have fallen prey to ongoing scams on social media, fueled by these rumors.
Recently, a new rumor has gained traction, suggesting that Pi Network has formed a partnership with 80 financial institutions. This information was reportedly shared by a community member holding Pi Coin on the social media platform X. Surprisingly, the Pi Network team or its founders have not denied this rumor, which only adds to the uncertainty surrounding the project. Currently, Pi Network is operating on a closed mainnet, with its open mainnet set to go live on June 28. Until then, any news related to Pi Network should be treated with skepticism.
Past Rumors About Pi:
Elon Musk's Alleged Involvement: Earlier rumors suggested that billionaire Elon Musk had joined the Pi project, leading some community members to speculate that Musk might incorporate Pi Coin as a payment system on X. However, this rumor was eventually debunked.
Scams and False News: Scammers have exploited social media platforms, spreading false information about buying Pi Coin, leading to numerous scams. The Pi Network team has not issued any official statements to counter these rumors.
Missing Founder Rumor: Another viral rumor involved Pi's founder, Dr. Nicolas Kokkalis, reportedly going missing. Neither Kokkalis nor the Pi Network team has provided an official statement to confirm or deny this claim.
Due to the continuous spread of false information, many investors are growing frustrated and are beginning to distance themselves from the Pi Network. It is crucial for potential investors to remain cautious and await the official launch of the Pi Network’s mainnet on June 28 before making any investment decisions.
Also Read:- Pi Day Celebration and Emerging Pi Network Popularity
