Kraken has listed the Pi token with a 20x leverage offering, attracting attention from both institutional investors and market skeptics. This listing comes amidst growing debate over Pi Network’s data collection practices and the lack of its presence on major exchanges like Binance or Coinbase. Dr. Altcoin, a prominent Pi Network supporter, has raised concerns about Pi’s centralization, privacy, and transparency. Notably, Dr. Altcoin criticized the project’s handling of user data while highlighting the potential impact of this listing on market regulation. The move signifies a significant milestone for Pi, particularly with its presence on Kraken Pro – a tier-one derivatives platform. However, Pi Coin saw a price decline to $0.76-$0.78 upon listing, reflecting ongoing uncertainty in the market.