The post PiDaoSwap Development Aims to Stabilize Pi Coin Value Amid Price Manipulation Concerns appeared on BitcoinEthereumNews.com.

The Pi Network community is embarking on an innovative journey with the development of PiDaoSwap, a decentralized exchange (DEX) dedicated to combating price manipulation issues. The launch of PiDaoSwap highlights the commitment of the Pi Network to ensure that the value of PI coin truly reflects market demand, free from the influence of external exchanges. A statement from Pi Network VietNames emphasizes, “This initiative will pave the way for a fairer market landscape, restoring confidence among users and investors.” Discover how PiDaoSwap aims to reshape the Pi Network landscape by addressing price manipulation, ensuring true market value for PI coin in our latest update. PiDaoSwap to Launch on the Pi Network Ecosystem Reportedly, PiDaoSwap is in the final stages of launching a multi-functional DEX on the Pi Network mainnet. The platform will ensure that the PI coin price reflects the actual market value of the token rather than being distorted by third-party platforms. This transition is anticipated to revolutionize how Pi coin is perceived and traded across the ecosystem. The announcement cited price manipulation by outside entities, a malpractice that impedes Pi Network’s growth and development, affecting investor confidence. “Once completed, the Pi price will be reflected at its true value and will no longer be manipulated by current external exchanges,” Pi Network VietNames claimed, reinforcing the community’s focus on integrity and transparency. Pi Network VietNames serves as a community-driven profile that actively shares updates, opinions, and news about the Pi Network, strengthening user engagement and awareness. Although in the final stages of development, PiDaoSwap specified that it was awaiting Know Your Business (KYB) approval from the Pi core team before launching. Regulatory compliance is vital for ensuring a safe trading environment for all participants. For now, the prospective platform has secured Twitter’s organizational verification, signaling progress in its development…

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Filed under: News - @ March 22, 2025 3:16 pm