Pi will be the world's crypto giant there is no reason to rate pi coin on binance exchange
Binance Indonesian
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We want to hear from you!
We’ve been listening to the interesting discussions in our community about Pi Network. To make sure your voice is heard, participate in our Community Vote on the topic:
“Should PI be listed on Binance?”
Cast your vote — either “Yes” or “No” — and share your thoughts in the comments below this post. You can only vote once and you won’t be able to change your vote once you’ve submitted it. Happy voting! 😎
You did not do any deeper research on pi please study again.
meeshu_omii
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Many Pi Coin holders eagerly anticipate a Binance listing, but there are significant risks to consider that could disrupt the crypto market:
1️⃣ Potential Market Downturn – Pi Coin has been freely mined by millions, leading to a pyramid-like distribution. If listed, a mass sell-off could occur as users cash out, potentially destabilizing the market and impacting other altcoins.
2️⃣ KYC Concerns – Unlike most decentralized cryptocurrencies, Pi requires KYC verification for mining. This raises centralization issues, compromises privacy, and may deter investors who prioritize decentralization.
3️⃣ Lack of Full Blockchain Transparency – Pi operates within a controlled ecosystem managed by its developers. Without open-source validation, its level of decentralization remains uncertain, making it a risky investment.
4️⃣ Unclear Utility and Adoption – Despite years of development, Pi Coin has yet to establish a significant real-world use case beyond speculation. Unlike Bitcoin and Ethereum, which support smart contracts and DeFi, Pi’s long-term demand remains questionable.
5️⃣ Locked Tokens and Volatility – Even with a Binance listing, most holders won’t be able to sell immediately due to locked tokens. This could temporarily inflate prices, only for them to drop once tokens become available for trading.
💭 Final Thought: A Binance listing might seem like a milestone, but without true decentralization and a sustainable ecosystem, Pi Coin could become one of crypto’s biggest disappointments.