Big news in the world of cryptocurrency! A company called Pi Network had a bit of a fight with the CEO of Bybit, a cryptocurrency exchange. Bybit's CEO called Pi Network a scam, causing Pi's price to go down.
- Bybit's CEO said Pi Network was a scam, based on a warning from China.
- Pi Network said they're not a scam and that Bybit never even asked to list their cryptocurrency.
- Pi Network explained the difference between app users and those with cryptocurrency wallets.
Fact | Number |
---|---|
Pi's price drop on Feb 20 | $1.84 to $0.61 |
Pi's price high on Feb 26 | $2.99 |
Pi Network app downloads | Over 100 million |
Pi Network engaged users | 60 million |