“The foundation isn't solid, but you're in a hurry to build a skyscraper? Pi friends are shouting 'NO!' to the Binance listing! First, let's put out the fire in our own backyard!”

Recently, the Pi community held a vote asking if everyone wants $Pi to be listed on Binance. Guess what? The vast majority voted against it! Why? It's not that they don't want to get rich, but they feel that listing on Binance right now is akin to seeking death, with a heap of problems at home that still aren't sorted out!

What raises the blood pressure of the friends the most is KYC! This thing makes people want to explode on the spot. Some people lamented: “I've completed all the KYC steps and waited a full 4 months, and I'm still 'under review'!” Even worse is the system design: even if you pass KYC, if your friends in the 'security circle' haven't passed, your Pi is still locked up tight! The current issue is that there are too few people who can help verify, and the entire process is completely stuck, unable to move.

Many people are suspicious: Is this broken system deliberately dragging its feet to prevent people from passing, in order to lock up everyone's coins? Some people were directly muted by the moderator for questioning a few things in the group, “shut up!” Even worse, some early miners lost 2500 Pi just because they missed some ridiculous deadline! There are also a ton of issues with wallets; after the mainnet migration, many people's wallet balances show 0 directly. Where's the Pi? Gone?

The Pi team also issued an ultimatum: Before March 14, 2025, if KYC isn't completed and coins aren't transferred to the mainnet, your Pi will say Goodbye to you! Just when it rains, it pours, the price of Pi also dropped over 10% this week, hovering around $0.65.

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