Attention has been drawn to Pi Network, a promising initiative with a rising user base. Speculative trading has led to IOU prices being offered on numerous exchanges even though Pi Network's mainnet has not yet gone live. The following table lists the current IOU rates for 1 Pi on several well-known exchanges:
2. Coinmarketcap: 1 Pi = $24.65
You should be aware that these prices refer to IOUs rather than the actual Pi Network token. IOUs are used as holdovers or as promises to distribute native tokens once they are made accessible. Since Pi Network's mainnet launch is still pending, it's possible that these IOUs won't be transferred between exchanges, therefore you should proceed with caution.
At this time, Pi Network has not formally approved the listing of its coin on any exchange. As a result, once the Pi Network token is formally made accessible for trading, the IOU prices shown on multiple platforms might not accurately represent the genuine market value.
Users and investors are recommended to stay informed through official communication channels as the Pi Network project advances and a date for the mainnet launch is announced. To reduce potential dangers related to speculative trading, it's critical to rely on reliable and verifiable information regarding token listings and trading.