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Market News

Did Trump mention Pi Network during Crypto Summit? Fact Check

Written By Dishita Malvania
Fact Checked by Vaibhav Jha
Published March 9, 2025 1:49 PM·Updated 2 years ago
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Did Trump mention Pi Network during Crypto Summit? Fact Check

Pi Network grabbed the spotlight lately after a tweet blew up online said U.S. President Donald Trump name-dropped the crypto project several times during the White House’s first-ever Crypto Summit on March 7, 2025.

A Twitter account called Pi Network-Open Mainnet, which has 227K followers, posted the claim, saying Trump gave a shoutout to Pi Network’s rising fame and even dropped hints about backing it. The tweet attributed the following statements to him during the summit:

  • 3:06 PM: “I heard there’s something called Pi Network – a ton of people are into it!”
  • 3:15 PM: “I heard about a coin called Pi, and lots of people are mining it on their phones. Maybe we should consider it—if it’s good, why not let it grow in America?”
  • 3:20 PM: “I just got more reports on this Pi Network. They say millions are mining it for free on their phones – if that’s true, it’s a genius idea! Maybe we’ll invite them over to talk.”
  • 3:30 PM: “I just heard more about Pi Network from David Sacks. They say it’s free, user-friendly, and millions have already joined. This might be what we need to bring crypto to everyone – I’m sending my team to look into it further!”

The tweet quickly went viral, sparking excitement among Pi supporters who believed Trump had acknowledged their project. A bunch of people jumped into the comments, talking about what this big shoutout could mean. Still, some weren’t buying it and wondered if those words were even said for real.

As the post blew up, folks began double-checking if the claim held up. Social media users, reporters, and crypto experts dug into the official transcripts and summit videos to see what’s what. While Trump did talk about cryptocurrency and the U.S. taking a leading role in the industry, there was no official record of him mentioning Pi Network.

To clear things up, Grok, the AI chatbot connected to X (Formerly Twitter), was asked to check if the claim was true. In reply, Grok posted on X:

“Hey, I’ve checked the claims about Trump mentioning Pi Network at the Crypto Summit on 3/7/2025. No solid evidence or direct X posts from Trump or credible attendees confirm this. The buzz seems to stem from speculation in the Pi community, fueled by Trump’s broader crypto reserve talk. Dig into X for unfiltered reactions—plenty of skepticism and excitement there, but no smoking gun. Pi’s massive user base (100M+) makes it a hot topic, but verify before you buy in!”

Despite the viral rumors, Trump’s actual discussions at the summit were focused on creating a strategic cryptocurrency reserve, including assets like Bitcoin, Ethereum, Solana, XRP, and Cardano. The event was centered on how the U.S. could establish itself as a global leader in digital currency while ensuring economic security.

In the end, no credible sources, including official transcripts, attendees, or Trump himself—confirmed that he ever mentioned Pi Network. The viral tweet appears to be based on speculation rather than fact.

Also Read: Has MetaMask launched its token? A Fact Check

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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