Pi Network is once again drawing significant attention, with recent on-chain activity suggesting a notable shift in sentiment. In the past few days, nearly 4.8 million Pi coins valued at over $2.1 million, have been withdrawn from the OKX exchange and transferred to private wallets.
Read MorePi Network, a mobile app launched in 2019, has garnered significant attention and controversy within the cryptocurrency community. While it claims to allow users to "mine" cryptocurrency using their smartphones, many experts and investors have raised concerns about its legitimacy and potential risks.
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