Pi Network has once again fallen into the red, down 7% in the past 24 hours to around $0.39. This decline comes amid much controversy over when – or if Binance will list Pi Coin.
Rumors Surrounding August 15
Speculation about a listing on August 15 did not arise spontaneously. Back in February, Binance Square conducted a poll that attracted nearly 295,000 participants. 86% of them voted in favor of listing Pi Coin, showing strong community support.
Recently, a user directly asked cryptocurrency analyst Dr. Altcoin: 'What do you think about August 15? Will Binance list Pi?'
Expert Says: Not Yet
Dr. Altcoin replied that he does not believe Binance will list Pi Coin in August. He also mentioned that the Pi Core Team (PCT) is not yet ready to fully announce the Open Mainnet roadmap or tokenomics. According to him, both the community and the exchange are still in a 'waiting' phase.
Why Delay?
Dr. Altcoin said that Binance is well aware of Pi's solid foundation, large community, and enormous potential. At the same time, the Pi Core Team (PCT) is taking a slow and calculated approach – perfecting the Pi blockchain, running stress tests, and fine-tuning the system before listing.
Pi Network currently has over 400,000 active nodes, making it one of the most decentralized blockchain networks in the world. Experts believe that Pi Network can handle massive transaction volumes at high speeds when it becomes fully operational.
Dr. Altcoin remains optimistic about the future of Pi, stating he has a 5-year investment outlook and continues to buy Pi weekly. He mentioned that whether Binance lists this coin now or later does not change his strategy.
