Binance’s Decision Not to List Pi Network Is Justified 🚀🔍
I strongly support Binance’s stance in choosing not to list Pi Network at this time. The project continues to face significant transparency issues, particularly concerning the accessibility and migration of users' balances.
🔹 Many early adopters and supporters within the Pi Network community have been unable to transfer their holdings or even activate their accounts, leading to an artificial restriction of supply. This has, in turn, helped prevent a potential price collapse, raising concerns about the project's true market dynamics.
🔹 A large portion of users’ coins remain locked, with some waiting years for KYC verification, while others have been left in limbo without clear explanations. Meanwhile, a select few have successfully migrated their holdings, adding to the uncertainty surrounding the project's fairness and decentralization.
🔹 Additionally, ambassadors and influencers promoting Pi Network seem to be incentivized to maintain a positive narrative, while crucial aspects—such as the actual accessibility of funds—remain unclear. Until these concerns are fully addressed and Pi Network demonstrates true decentralization and accessibility, Binance is making the right choice by withholding its listing.
What are your thoughts on Pi Network’s future? Should major exchanges demand more transparency before listing? 💭👇