The situation of the PI token from the Pi Network is, in fact, a mix of challenges and opportunities. Although Binance has not yet listed the token, there is hope that this may happen in the future, albeit without a defined timeline. The lack of transparency from the Pi Core Team (PCT) regarding the token locking and burning mechanisms has been pointed out as one of the main obstacles to listing on major exchanges.
On the other hand, the recent listing on the BTCC Exchange is a positive step, bringing greater visibility and potential for broader adoption. However, the token's price performance continues to be a concern, with values below $0.70, reflecting challenges such as token unlocks and selling pressure.
Still, experts suggest that adjustments in tokenomics, such as token burning, could help stabilize the price and improve market confidence. Recovery will depend on how the Pi Network team addresses these challenges and their ability to attract more support from the community and exchanges.
If you follow the project, what do you think could be done to boost the PI?