- PI face criticism from its community for KYB delays.
- PI made a sharp drop today and returned, as it was traded at $ 0.59.
The PI slowly turns into a controversial theme in the encryption industry. The reputation it built over the past few years is at stake due to the delay of networks. We distance the main encryption exchange of the inclusion of PI currencies because the project lacks transparency and has network problems.
One of the main problems about the recent PI network is its delay in dealing with business recognition requests (KYB). KYB approval from the PI network is necessary for any project to officially launch it on its network. Since these requests face delays in processing, developers choose other platforms.
Make pidaoswap a mail On the official X account, which expresses the impatience of his patience on the KYB delays of the PI network. I submitted the KYB 15 working day request, and there was no progress in this process. Since the Founding PidaosWAP framework has been developed, the team decided to choose the Binance Smart series as a temporary solution.
The price of the PI (PI) market makes the return after sharp diving
The price of the Coin PI market is trading at $ 0.66 at the time of the press after it reached its lowest level at $ 0.407 earlier today. It took a sharp sharp price a few hours ago, but it achieved a return within two hours and exceeded the level of the price of $ 0.6. While the maximum market hovers about $ 4.45 billion, trading volume increased by 24 hours by 91 %.
The Pi Coin Price was on the descending price movement as the network continues to face criticism of its failure to address issues. Some pioneers reported about KYC issues and PIs. The team did not address these problems and issued ads about events such as PIFEST above it.
Main encryption exchanges such as Binance and Coinbase have not been released any ads regarding the Coin Pi menu. The lack of transparency, along with network problems, is to push the price of the PI currency market down. Until the project’s primary team advances and deals with the concerns of its community, there is no hope for recovery.
The news of the encryption was highlighted today:
SEC announces the dollar -backed Stablecoins is not securities
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