Following the highly anticipated launch of Pi coin, its price experienced a sharp decline, prompting community criticism and heated discussions regarding the potential Binance listing.
Sharp Price Drop of Pi Coin
After an initial spike to $3, the price of Pi coin dropped to around $0.55, representing nearly an 80% loss. This decline has raised concerns among traders who are wary of the negative trend.
Opinions on Binance Listing
Some users believe that Pi coin might have fared better without a listing on Binance. According to a page called Pi News on X, coins that are listed on Binance often crash by 90% or more. CITE_NA: "We are lucky that $Pi is not listed on @binance."
Divided Opinions in the Community
While many see avoiding Binance as a means to protect Pi from further drops, others argue that a listing could have boosted the coin's price due to increased liquidity. Some users, like Clemson Creatives, express their loss of confidence by selling their coins.
The debate surrounding the Pi coin and potential Binance listing reflects a division among community members. Despite the arguments for and against, the facts about the impact of avoiding or pursuing a listing on the current price remain unclear.
