According to Crypto Rover's recent tweet, a cautionary note was issued regarding the PI Network token ($PI). The tweet includes a warning to potential investors about the risks associated with trading this cryptocurrency. No specific details on market analysis or performance were provided, but the emphasis on caution suggests potential volatility or unforeseen market factors impacting $PI. This indicates traders should conduct thorough due diligence before engaging in any trading activity involving $PI. Source: Crypto Rover (@rovercrc).

According to EmberCN, several CEXs have launched $PI spot trading today with the current price at $0.9. HTX had previously settled user-held PI (IOU) at $61.28 on February 15. HTX's decision to settle in USDT at the time of PI (IOU) delisting rather than converting to the mainnet PI avoided user losses due to the significant price difference between PI (IOU) and mainnet PI.

According to Crypto Rover, the newly launched $PI token is likely to crash to zero, similar to the $PENGU token, which was also overhyped at launch. This suggests potential high risk for traders considering $PI, emphasizing the need for cautious trading strategies in the volatile cryptocurrency market. [source: Crypto Rover on Twitter]