The price of Pi Coin has been for a roller coaster – which came to $ 2.98 before he crashed to $ 0.50, so many are surprised. From now on Pi has fallen more than 11% and acts at $ 0.63. A reason for Pi Coin’s struggle could be the absence of large stock markets such as Binance and Coinbase, which limits visibility and trade volume.
As reported by Bao MoiNguyễn Hà Minh Thông, founder of Cabo Capital in Ho Chi Minh City, has shared reasons about why Binance Pi Token has yet to mention. The expert said that although the PI community may believe that the project does not need a binance, without recognizing large fairs, Pi Skeptsis will continue to get and struggles to achieve the real market value.
Limited open market activity:
The Mainnet of Pi Network has been live since the end of 2024, but it remains in an “attached”, which means that transactions are limited to the internal ecosystem. Binance prefers projects with fully open, public block chains to guarantee transparency and market stability.
Unclear tokenomics:
The total range of PI is reportedly 100 billion tokens, but only about 6.8 billion is in circulation. The PI core team has also reduced the supply by removing 10 million tokens without clear statements, which expresses concern about potential price manipulation. Binance requires clear data about token distribution to prevent risks.
Regular care:
Binance is under regulatory pressure worldwide, especially in the US, where legal issues related to money laundering and financial compliance are serious. Pi -Network is not officially recognized by a regulatory body. In Vietnam, cryptocurrencies were not legally recognized and in China PI was marked as a ‘marketing project at multiple levels’. List Pi can expose Binance to legal risks.
Lack of liquidity and market activity:
To mention a token on Binance, it needs a strong liquidity and trade volume at large fairs. PI currently mainly acts via OTC channels such as Telegram and small fairs (eg OKX, HTX) with unstable prices. Binance prefers tokens that have experienced the real price discovery in open markets.
Centralization problems:
Pi Network is confronted with criticism of its high degree of centralization, whereby the PI -Kerne team controls all Maveti nodes. This is in contradiction with the decentralization principle that gives large exchanges such as Binance priority, as seen with Bitcoin and Ethereum.