Pi Network Price Today March 8, 2025: Be careful with fake Pi coins
Pi Network price today, March 8, 2025, decreased slightly by 0.7% compared to yesterday, currently at $1.81. Be careful with a series of apps 'following' Pi Network virtual currency
Pi Network Price Today
Pi price on OKX exchange on March 8, 2025 is fluctuating around the price from 1.77 USD to 1.87 USD (equivalent to 45,090 VND to 47,640 VND. Thus, according to the time of writing, Pi price on OKX exchange decreased slightly by 0.7% compared to yesterday.
Be careful with fake Pi coins
Recently, on social networks, many people have shared about cryptocurrency mining applications similar to Pi Network, such as Bee Network, Omega Network, Qubit Network, and Hi Network. These applications call for users to download to mine and participate in transactions. They have an interface and operation similar to Pi Network, only requiring users to check in daily to accumulate cryptocurrency.
To speed up mining, users are often asked to watch ads or invite more people to join. Notably, these apps require identity verification after users meet the requirements. However, experts warn that downloading and using these apps can infect phones with malware or viruses, leading to the risk of information theft or loss of control of the device.
Not only have there been many cryptocurrency mining applications similar to Pi Network, the market has also witnessed the emergence of fake Pi coins. These coins take advantage of the community's interest when Pi was listed. Many exchanges that are not on the official list of Pi Network still trade Pi coins, even listing many different types of Pi that are not issued by the Pi Network team. This makes it easy for users to get confused and risk trading fake Pi coins, leading to financial losses.
As soon as the fake Pi coins were discovered, the Pi Network development team warned the community. They confirmed that all Pi trading pairs on decentralized exchanges (DEX) are fake and not issued by Pi Network. The development team recommends that users do not participate in any Pi transactions on current DEXs to avoid the risk of receiving fake Pi coins and suffering losses. Instead, users should wait for an official announcement from Pi Network about reliable and safe trading channels.
