Pi Coin's prices have fluctuated, peaking at $2.98 before falling to $0.63. Experts associate this with the token's limited presence on major exchanges.
Impact of Absence from Exchanges
Pi Coin is not listed on major exchanges such as Binance and Coinbase, which negatively affects its visibility and trading volume. Expert Nguyễn Hà Minh Thông noted that without recognition from major exchanges, the project will continue to face skepticism and struggle to achieve real market value.
Tokenomics Issues
The total supply of Pi is reportedly 100 billion tokens, but only about 6.8 billion are in circulation. Additionally, the Pi Core Team has removed 10 million tokens without clear explanations, raising concerns about potential price manipulation.
Regulatory and Liquidity Barriers
Pi Network faces legal challenges, as no regulatory body has officially recognized the project. In countries like Vietnam and China, cryptocurrencies lack official status, which could expose Binance to legal risks when listing the token. Furthermore, the token suffers from low liquidity and unstable prices on smaller exchanges.
Pi Coin continues to face significant challenges, including absence from major exchanges, issues with tokenomics, and regulatory obstacles. These factors cast doubt on its future in the market.
