Pi Network’s PI Token Holds Steady at $0.59 Despite False BNP Paribas Partnership Hype
Pi Network’s native token (PI) maintained its price at $0.5917 despite broader market declines, as its community mistakenly celebrated a non-existent partnership with BNP Paribas. The altcoin remains 80% below its February all-time high of $2.99.
Market skepticism grows as investigations reveal the alleged partnership only involves a conditional API framework, not an active banking integration. PI’s 4% weekly drop contrasts sharply with community Optimism about institutional adoption.