- Binance excluded the Pi coin from its recent “Vote to List” campaign.
- Binance is facing backlash from the Pi network community as it previously made a vote to list the campaign for the Pi coin and excluded it today.
The million-dollar question among the crypto community these days is, “When will Binance list Pi coin?” With its simple smartphone mining application, the Pi network garnered a loyal community of traders over the last 6 years. The much-awaited Pi network mainnet finally launched this year on Feb 20 and Pi coin started trading on open markets.
Several top exchanges such as OKX, Bitget, Gate.io, MEXC, and others have already listed the PI token. Pi network has already gained widespread adoption in the last few years and the enthusiasm around the project has only intensified after the mainnet launch. However, the whole community is awaiting Binance to list this token.
Will Binance List Pi Coin Soon?
Addressing the crypto community, Binance conducted a “vote to list” campaign earlier this week to see how many of its users support Pi coin listing.
Out of the 294,960 votes, 86% of them voted “Yes” for Pi coin listing over 10 days of the campaign. However, till now there has been no update from Binance regarding the token listing.
What frustrated the Pi community more was its latest “Vote to List” announcement. Binance released a list of cryptocurrencies asking the community to vote for their preferred crypto to be listed on the platform. The Pi network community was more than disappointed as the list didn’t include PI.
Binance mentioned that the list only included tokens from the BNB Smart Chain. The fact that it contained memecoins such as Broccoli, Mubarak, and TUT but not PI has frustrated the community. One of the X accounts named “Pi Network News Global” even made an elaborate post regarding the same. It read,
“No Shiba, no Doge, no Pepe, no Ethereum, no BNB, no Solana, none of them would have received as strong a vote as the Pi network. We have redefined the word “crypto community.”
The post even suggested the Pi network have its own “Pinance’” exchange to prevent other platforms from exploiting the Pi network community.
Why Binance is Ignoring the Pi Coin?
Despite a majority of the community voted for Pi coin listing, Binance seems to ignore this token deliberately. While the actual reasons for this may not known, today’s “vote to list” cryptocurrencies only included tokens from the BSC.
Even though the Pi network gathered a strong community, it is facing criticism from its users for not being able to complete migration and losing Pi coins. Some investors are even calling it a scam because of their inability to complete mainnet migration. Adding fuel to the fire, Bybit CEO Ben Zhou made scam allegations to the Pi network.
Being the leading crypto exchange, Binance might take its own time to consider Pi coin listing. Once the negative reviews subside and the Pi network builds its reputation, we might see it trading on Binance.
Is Pi Network Only About Binance?
Amidst all the speculation around Binance listing the Pi coin, one user made a thought-provoking post on the Reddit social platform. A user named “Shoddy_Magazine_9231” made the community realize that the Pi coin is much more than a Binance listing. The post said,
“PI’s success won’t be defined by when it’s listed on Binance. It’ll be defined by how well we build something that truly empowers people. Let’s focus on that – because that’s how we make PI everything it’s meant to be.”
We might have to wait for Binance to list Pi coin. In the mean time, let’s focus on what the Reddit user said and don’t ponder over the token listings. PI is trading at $1.13 at press time with a 0.26% rise in the last 24 hours.
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