The delay of Pi Network's listing on Binance is leading to growing concerns among users. Market valuation losses undermine trust in the project.
Community Discontent and Expectations
Pi coin, which peaked at $2.85, has lost 85% of its value, and the community attributes this decline to its absence on Binance. Users consider this listing essential for liquidity and accessibility. The issue has sparked widespread debate on social media, with many participants finding the core team’s communication and transparency lacking. A community member stated, “The team does not adequately consider the expectations of thousands of people.”
Market Implications and Future Outlook
Experts highlight that a listing on Binance could provide Pi coin with significant liquidity benefits. However, the core team has not presented a concrete plan for achieving this goal. Listing on major exchanges like Binance typically enhances a project’s reputation and user base. To date, no clear statement has been issued by the Pi team on this matter. Another community member remarked, “The lack of transparency is concerning. We expect at least a roadmap from the team.”
Core Team’s Approach and Community’s Demands
The core team’s failure to provide solid clarifications about the process has been a focal point of dissatisfaction. The community perceives the lack of announcements as a project management shortfall. For concerns about Pi coin’s future to subside, more active and transparent communication from the core team is desired. No definitive timeline or roadmap has been shared thus far. Another community member commented, “Leadership empowers both investors and the project; ongoing silence may lead to increased mistrust.”
The criticisms of the Pi Network team are escalating due to the uncertainty surrounding the Binance listing. Both the community and investors continue to seek clarity and a roadmap from the team, monitoring closely how these developments will affect Pi coin’s market value and community trust.
