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Fact Check: Pi Network Support Native Tokens and Memecoins Soon

Published by
Rizwan Ansari and Nidhi Kolhapur

A viral claim circulating across X and crypto media suggests that Pi Network may soon support native tokens and memecoins, following its latest Pi Day 2026 updates. The claim links the launch of Pi Launchpad and Protocol 20 to the idea that users will soon trade ecosystem tokens freely on the Pi blockchain.

So Coinpedia stepped in to fact-check whether the claim is real or just a rumor.

Who Made This Claim?

The claim gained attention after crypto accounts like BSC News shared updates about Pi Network. They said the Pi Launchpad MVP is live on testnet, Protocol 20 supports smart contracts, and token or memecoin trading could come soon.

While these updates are real, they have been over-interpreted, making it seem like trading is launching soon. 

But is that really the case? Let’s break it down.

Coinpedia’s Key Findings: What’s Actually True?

No Official Confirmation of Memecoin Trading

There is no official update from the Pi team about memecoin trading or open token markets. The network is focused on controlled and safe growth, not free trading like other blockchains.

In fact, Pi’s design focuses on controlled ecosystem growth, not open trading like Ethereum or Solana.

Pi Launchpad Is Built for Utility Tokens — Not Memecoin 

On Pi day, Pi Network has launched its Pi Launchpad MVP, but it is only live on the testnet, not the main network. This means it uses test tokens, not real money. The goal is to help developers learn how token launches work. The system is still being tested, so real trading is not live yet.

Protocol 20 Enables Smart Contracts — But Gradual Rollout Ahead

Pi Network’s Protocol 20 upgrade provides the basic foundation for smart contracts. However, they are not fully live on the mainnet yet. The rollout will happen slowly and focus on real use cases like subscriptions, escrow, and NFTs.

So, while token support may come in the future, it is not available right now.

Summary Table: Coinpedia’s Evidence Against the Theory

Claim Made by TheoryCoinpedia’s Counter-Evidence
Pi will support memecoins soonNo official confirmation
Anyone can launch tokens freelyProduct-first, strict model
Token trading is launching nowLaunchpad only on Testnet

Conclusion

ClaimPi Network support native tokens and memecoins soon
Verdict❌ Misleading
Fact-Check by CoinpediaAs per Coinpedia research and a review, there is no verifiable evidence or official confirmation of memecoin trading or open token markets.
Pi Network has introduced a Launchpad and smart contract foundation, but these features are still in early stages and limited to TestnetThe rumor started from misinterpreting Pi Day 2026 updates and exaggerating future possibilities into present reality.
Rizwan Ansari and Nidhi Kolhapur

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

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