The price of Pi Network has gone again in the red zone and has fallen by 7% for the past 24 hours to act by around $ 0.39. This drop is surrounded by debates about when – or if – Binance will finally mention a PI -Munt.
The Buzz around August 15th
The speculation about a possible list of August 15 did not come out of nowhere. In February, Binance Square led a poll that attracted nearly 295,000 participants. A huge 86% of them voted for the Pi Coin list, with strong community support.
Recently a user asked Crypto analyst Dr. Altcoin: “What do you think of August 15? Will Binance Pi List make?”
Expert says: not yet
Dr. Altcoin replied that he does not believe that Binance Pi Coin will mention in August. He also said that the Pi Core team (PCT) is not yet ready to make his open main strout or Tokenomics completely known. According to him, it is still a “waiting game” for both the community and the exchange.
Why the delay?
According to Dr. Altcoin is well aware of the strong basis of PI, large community base and considerable potential. At the same time, the PCT uses a slow and calculated approach to perfect the Pi-blockchain, performing stress tests and refining the system before going to the public.
PI Network currently has more than 400,000 active nodes, making it one of the most distributed blockchain networks in the world. Experts believe that it can process enormous transaction volumes at high speed as soon as they are fully operational.
Dr. Altcoin remains Bullish about the future of PI and says that he has an investment prospect of five years and continues to buy PI weekly. Whether Binance is listing the currency now or later, he says, does not change his strategy.