Pi Network has become a focal point due to significant events, including the Binance vote about its potential listing.
Pi Network's Big Month
The last few weeks have been eventful for Pi Network, a project allowing cryptocurrency mining via mobile devices. On February 20th, it launched its Open Network, opening up to external connectivity beyond the previous Closed Network. The PI token has been listed on major exchanges like OKX and MEXC, facilitating its purchase and sale. Bybit CEO Ben Zhou made harsh comments about Pi Network, which the team quickly addressed to defend their reputation.
The Binance Community Vote
Shortly after the Open Network launch, Binance announced a community vote asking users, 'Should Pi Be Launched on Binance?' The vote took place from February 17th to 27th, sparking significant debate. Despite some calling it a scam, the community of 'Pioneers' defended the project strongly. Ultimately, over 200,000 people voted in favor of listing PI on Binance.
Will Binance List Pi Network?
Winning the vote doesn't guarantee PI will be listed on Binance. The exchange considers factors such as potential trading volume, project reputation, technical strength, and community support. High trading volumes on other exchanges and strong community backing might support Pi Network's case, but the final decision remains with Binance.
The future of Pi Network on Binance remains uncertain, but strong community support and success on other platforms may increase the likelihood of a positive decision.
