Discussions about the possible listing of the Pi token on the Binance exchange are becoming increasingly active. Many users believe that an ineffective listing could protect their interests.
Listing on Binance Could Hurt the Token
One of the Pi accounts on X pointed out that newly listed tokens on Binance often see a significant price spike followed by a rapid crash. Reports indicate that some tokens lose as much as 90–95% of their value shortly after launch.
Community Pushes Back on Listing
Earlier in June, a Pi Network news account conducted a poll on X asking if PI should be listed on Binance. The responses were mostly negative. Users argued that key issues, such as KYC bugs, must be resolved before any listings occur. Discussions on Reddit reveal that some members believe Pi’s value goes beyond just listings and hype.
The True Value of Pi Network
Pioneers of Pi express that the true value lies in the community and the ecosystem being built, rather than on any one exchange. However, analyst Dr Altcoin has previously noted that Pi’s drop below $1.30 and fall in rankings are closely linked to its failure to secure a Binance listing, despite 86% community support.
With Pi2Day approaching on June 28, the community is hopeful for significant news, particularly regarding a possible Binance listing. However, participants believe that the success of Pi does not solely hinge on such events.
