Pi Digital currency has been officially listed on a number of digital exchange floors such as Bitget or OKX, marking the time that many Pi investors - also known as "Pi thu" - are looking forward to after many years of scoring on the application.
Immediately after listing, the value of the digital currency at one point increased to 3.4 USD (more than 87,000 VND) on the Bitget exchange, helping many investors make a significant profit when selling at a higher price.
According to Lao Dong, this price is considered high as many people participating in the digital currency market do not have faith in this currency.
"Before posting, I thought the price of the Pi would be low, around $0.0.0005 a Pi. When I saw the price on OKX reach 2 USD and on Bitget reach 3.4 USD right after the listing, I was quite surprised," said Mr. P.D, a cryptocurrency player.
However, not every " partys" is happy to "tak up profits" when seeing the Pi get a price. Mr. H.V (30 years old, Hanoi) despite owning thousands of token Pi, has not yet enjoyed this joy because the amount of Pi he owns is locked.
According to Mr. V, when receiving the first Pi in 2022, Pi Network had a policy of requiring users to lock part of their Pi for a certain period of time, citing the need to increase the speed of Pi digging and preserve Token. This is also one of the mandatory steps for users to receive token Pi.
Sharing with Lao Dong, Mr. V said that he had chosen the Pi lock for 3 years and could only withdraw the Pi to make a transaction in June 2025. This made Mr. V feel regretful because he did not know whether Pi could keep his current value until then.
"I just feel happy to see that this digital currency is truly valuable, even though many people in the community lack confidence in it. However, I also felt worried and a bit regretful because I could not sell Pi and make a profit at this time," said Mr. V.
Not only Mr. V, many other " partys" are also watching as the Pi trading market is bustling. Mr. L (28 years old, Hanoi) also said that he had a quantity of Pi locked for 5 years, but he still had another quantity of Pi that he could trade. However, Mr. L still chose to temporarily stand and look for a higher profit-taking opportunity.
"It is very likely that Pi prices will increase after being officially traded, especially in the case of other major exchanges deciding to list Pi like OKX and Bitget. I am waiting for signs to be able to make more profits," Mr. L shared.
In 2019, Pi cryptocurrency emerged, attracting many participants, especially the community of cryptocurrency enthusiasts in Vietnam. The reason is that mining Pi digital currency is quite easy when you only need to get a name on the application every day.
Before February 20, Binance - the world's leading cryptocurrency exchange - conducted a poll with investors on whether to put Pi digital currency on the exchange. Binance has confirmed that the Pi cryptocurrency is still being considered and will only be listed if it meets the strict requirements of the exchange.
In Vietnam, representatives of the State Bank have repeatedly sent out the message: Bitcoin and other similar virtual currencies are not legal currencies and payment methods in Vietnam. The issuance, supply, and use of Bitcoin and other similar cryptocurrencies as a means of payment is an act that is not in accordance with current law.
