#RippleVictory
Binance Declines to List Pi—The Unexpected Reason Shocks Investors!
Until key concerns are addressed, Binance is taking a cautious stance and avoiding the listing of Pi Network.
Disclaimer: This is not my personal opinion. In fact, I hold around 150 Pi coins that I mined briefly four years ago.
Binance's decision appears strategic, as rejecting Pi Network’s listing has garnered support from many in the crypto space. A significant portion of Pi tokens remains locked, preventing a sudden price crash. While the project has strong community backing, many users have yet to complete identity verification, making it impossible for them to activate or migrate their coins.
These factors contribute to the project's stability but also keep control in the hands of the Pi Network team. This centralized control is a major reason why Binance has opted to stay away.
Given the current uncertainties, Binance's choice to exclude Pi from its trading platform seems like a prudent move.
