Analyst Defends Pi Network Against Scam Allegations Ahead of Mainnet Launch

As Pi Network gears up for its Mainnet launch, criticism has been mounting. However, analyst Kim Wong has come forward to defend the project’s credibility, highlighting its global reach and utility.

Pi Network Prepares for Mainnet Launch: Analyst Highlights Strengths

In a recent X post, Wong addressed the criticism surrounding Pi Network. He emphasized the network’s unique strengths, including instant cross-border transactions, a free mobile mining model, and unmatched user adoption.

“Pi Network has been distributing wealth to all the people in the world whoever wants it, free, this has benefited millions of people already,” Wong stated.

Even as Pi Network is to launch its open mainnet in 4 days ( February 20,2025), there are still a lot of skeptics. Most people still do not know the power of Pi Network, I am repeating it here again:

Pi Network is the only crypto network that has successfully allowed people of… pic.twitter.com/0FfWxOk3un

— Kim H Wong (@Time_and_Trade) February 16, 2025

Pi Network’s Global Reach and Utility Defended by Analyst

Wong pointed out that Pi Network has been distributing wealth to people worldwide, free of charge, benefiting millions. The network boasts a global presence, with Pi coin distributed in over 200 countries.

Pi Network’s Free Mobile Mining Model and User Adoption Praised

The analyst praised Pi Network’s free mobile mining model, which allows users to mine Pi coins using their smartphones. This model has contributed to the network’s impressive user adoption, with over 100 million registered users and 65 million active participants.

Pi Network: Instant Cross-Border Transactions and Global Adoption

Pioneers, Open Network will launch at 8am UTC on February 20, 2025! With millions of KYC-verified Pioneers and a thriving utilities-driven ecosystem, Open Network expands available opportunities, which allows Pioneers to connect Pi with external systems for use in real-world… pic.twitter.com/AdpXNhpcUD

— Pi Network (@PiCoreTeam) February 11, 2025

Wong highlighted the network’s ability to facilitate instant cross-border transactions, making it a valuable tool for global commerce. With its growing ecosystem and real-world applications, Pi Network is poised to make a significant impact in the cryptocurrency world.

Despite the ongoing criticism, Pi Network continues to demonstrate its potential and credibility. With its global reach, instant cross-border transactions, and free mobile mining model, Pi Network is well-positioned for its Mainnet launch and future success.

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