%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Cryptoprowl.com / Pi Network's PI token (CRYPTO: $PI ) is up 30% on news that it is being listed on the Kraken cryptocurrency exchange.The PI token is already listed on smaller exchanges such as OKX, Gate and Bitget. But a listing on Kraken gives the crypto wider exposure to investors, sending its price skyrocketing. The Pi Network is a China-based mobile-first crypto project that allows users to mine Pi coins on smartphones by tapping a button. Developers of the Pi Network say the aim is to make cryptocurrencies accessible without the need for expensive mining hardware and compute capacity.The Pi network claimed to have 19 million verified users and 10 million migrated accounts at the end of February this year.However, while Kraken has agreed to list the PI token on its exchange, not everyone is a fan.The Bybit exchange has refused to list PI, labeling the project a scam and citing a 2023 warning from Chinese authorities about the network.Chinese police have reportedly said that the Pi Network targets elderly users, collecting personal information from them and then stealing their savings.Despite the reports, no criminal charges have been brought against the Pi Network or the people behind it. The PI token is currently trading at $0.2793 U.S.