I believe #Binance is making a wise decision by refusing to list the Pi Network.

It is widely known that a significant number of Pi Network community members—many of whom have actively supported and promoted the project—are still unable to transfer their balances or even activate their accounts. This prolonged restriction has played a crucial role in preventing the coin’s price from declining. A vast portion of the community has had their coins locked for years, with many still awaiting identity verification, while others, for unclear reasons, have not been able to migrate their coins at all.

These limitations have artificially contributed to price stability. Meanwhile, ambassadors and influencers have been generously incentivized to continue endorsing the project, further masking the underlying issues. Given the lack of transparency regarding the status of locked balances and the fact that only a small fraction of users have successfully migrated their coins, I strongly believe that Binance should not list Pi Network until these concerns are fully addressed.

The uncertainty surrounding the true distribution of Pi coins is alarming, with the majority still under the control of the project team. Until there is greater clarity and fairness in the ecosystem, listing Pi Network would be premature.

⚠️ This article reflects my personal opinion. Thank you for your understanding.

#BNBChainMeme $CAKE