I just escaped ETH, which coin should I go into now, pros? I've heard that it's altcoin season, right? So which coin should I invest in to make a profit today?
Recently, the Pi Network user community collectively rated the Binance app 1 star on Google Play and Apple App Store. The reason stems from Binance conducting a survey about the possibility of listing the Pi coin but has not made a final decision.
From February 17 to February 27, Binance conducted a survey on listing Pi Network, with more than 87% of participants agreeing. However, Binance emphasized that this result is only for reference and does not determine the listing.
The lack of clarity in Binance's response has made many in the Pi community feel undervalued, leading to the action of giving a 1-star rating to express their discontent.
Before February 17, the Binance app on Google Play had a rating of 4.9/5 stars, but by the evening of March 6, it dropped to 3.8/5 stars with 2.86 million ratings. Similarly, on the App Store, the app dropped from 4.8/5 stars to 4.2/5 stars with about 12,400 ratings.
Binance stated that they have a strict vetting process before listing any cryptocurrency, based on criteria such as project quality, development team, technology, market demand, and regulatory compliance.
Previously, the ByBit exchange was also rated 1 star by the Pi community after founder and CEO Ben Zhou warned about the Pi Network project.
The 1-star rating action from the Pi community aims to pressure major exchanges like Binance to reconsider their decision on listing the Pi coin.
Binance hit by 'storm' of one-star ratings for not listing Pi.
The year 2025 could be an important year for the cryptocurrency market, but to assert that this will be the "Year of Crypto" depends on several factors such as:
✅ Bitcoin Halving (April 2024) – History shows that strong growth cycles often occur after the halving event. If this trend continues, 2025 could be a boom period.
✅ Policies & Regulations – Legal regulations in the US, EU, and major countries will significantly impact market sentiment. The SEC's approval of the Bitcoin Spot ETF at the beginning of 2024 has paved the way for institutional money to flow into the market, but subsequent policies still need to be monitored.
✅ Institutional capital & DeFi development – If there is broader acceptance from financial institutions and the explosion of DeFi, NFTs, or Web3, the market could grow significantly.
✅ Macroeconomic cycles – The Fed's interest rates, the global economic situation, and the recovery of risk assets will also affect the crypto market. If the Fed cuts interest rates in mid-2025 as predicted, the money flow may return to risk assets like crypto.
Forecast:
Strong growth? If Bitcoin surpasses its previous peak ($69k) and the Altcoin market explodes, 2025 may be the golden year for crypto.
Correction? If the money flow is not strong enough or there are significant policy fluctuations, the market may fluctuate or move sideways.
What do you think? Can crypto reach new heights this year?
LATEST NEWS ABOUT PI COIN #pi Pi Network, a cryptocurrency project attracting significant attention in Vietnam, is preparing to transition to the "Open Network" phase on February 20, 2025. This event marks an important milestone, allowing users to trade Pi coins on cryptocurrency exchanges.
Announcement of "Open Network" and exchange listing
The Pi Network development team has confirmed the transition to the Open Network phase on February 20. Several major global digital asset exchanges have announced plans to list the Pi coin. However, at the request of the Pi Network team, the Pi coin will be subject to Isolated Listing Mode, limiting deposit, withdrawal, and trading capabilities in certain countries and regions.
Controversy and warnings from experts
The Pi Network "Open Network" has sparked significant controversy within the cryptocurrency community. Some experts have raised concerns regarding the transparency and operational mechanisms of the project. Pi Network has been criticized for its lack of clear information about its blockchain and development team, along with a "fanatical" user community, leading to mixed reactions.
Advice for investors
In light of the fluctuations and controversies surrounding Pi Network, experts advise investors to exercise caution. Investing in cryptocurrency projects always carries risks, especially when the project lacks transparency and confirmation from regulatory authorities. The public should carefully consider and not set overly high expectations for profits from Pi coins.
In summary, the "Open Network" event of Pi Network on February 20, 2025, is attracting significant interest from the community. However, investors need to remain vigilant and conduct thorough research.