Pi members of the PI community are baffled by the decision to exchange the upper cryptocurrency not to recount the original. However, a single encrypted expert has been explaining the delay behind a possible list, noting that there was no transparency by the PI Core team.
PI need a high level of transparency
Dr. Altokin, a pseudonym, explained the reason behind the absence of the PI network on the exchange of encrypted currency. According to mail In X, Dr. Altcoin indicated that the reason may be a lack of transparency by the PI Core team.
Dr. Altcoin noted that the transparency problem revolves around the distinctive symbol of the PI network. According to the analyst, the information related to the lock mechanism of the PI network remains installed.
“The Pi Core team was likely not transparent enough about the lock and burning mechanism that includes billions of PI -owned metal coins currently,” read the post.
Currently, the PI network is not listed in central exchanges like Binance, Coinbase and Coinbase. While imminent men’s whispers grow in a louder voice, Binance excluded the origin of its vote program to a list.
Reducing the supply supplies of the community scratches their heads
A closer look at the PI network reveals a decrease in its circulating supply to 6.77 billion. The PI Core team removed 10 million coins of rotation in what Dr. Altcoin described as an attempt to control prices before opening the distinctive symbol.
“Without transparency, this can be easily misunderstood as possible plan to process the market, as we have seen indications of this in recent days,” said Dr. Alcin.
The previous distinctive code code sent successive prices to its lowest level, but the combustion road map is under development of the network. Experts say Burning PI icons will prevent a sharp decline in prices.
However, some members of society do not agree with Dr. Alcinn theory that there is no transparency behind the Pi Network. The cross section of community members says that the delay stems from the PI Core team that refuses to pay the stock exchanges to obtain a list. They argue that the PI Core team is looking for a free list of stock exchanges, and takes the longest road.
PI is traded at $ 1 and decreased by 66 % of its highest level ever at $ 2.98 appointed in February.
Alio Bokima
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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