Why is PI struggling to get a list of main exchanges
The PI network was launched with the huge noise, and the millions of users who minted the distinctive symbol in anticipation of the inclusion of a major exchange. But despite its popularity, PI is still absent from the upper platforms like Binance and Bybit. A list of these exchanges can be promoted significantly, giving them more credibility and market access. However, the waiting continues, and now, the encryption analyst Dr. Altcoin Duplicate For a major reason for delay – healing issues within the PI Core team.
Decreased delay in the PI menu
According to Dr. Altcoin, the biggest obstacle to preventing Network PI from obtaining the menu is the lack of transparency of the project, especially about the distinctive symbol. The analyst claims that the Pi Core team was not clear about the lock and burning mechanisms of the distinctive billions of PI under its control. Without a clear frame, PI may see as dangerous.
Recently, the PI -circulating offer fell to 6.77 billion after removing 10 million coins. Dr. Altcoin believes that this step was an attempt to control prices before opening the distinctive symbol. Without transparency, these procedures can raise concerns about potential manipulation of prices, and this may be the reason that Binance and other stock exchanges are still hesitant.
He refused to pay the price of the lists?
Not everyone agrees with Dr. Altokin. Some supporters of PI network Argue The delay is not related to transparency, but the team refused to pay the listing fees. Many projects spend millions to secure a place on the main exchanges, but Pi developers are getting more on to obtain a free menu, which naturally takes longer.
- Also read:
- PI Coin PRICE TODAY: What is the next 31 % decrease?
- and
PI current market morale
The PI network is currently trading at $ 1, a decrease of 66 % of its highest level ever at $ 2.98 in February.
During the past week, 34 % decreased and fell to twenty -fifth on Coingecko, with fears increased after BYBIT CEO described it as a fraud. Moreover, the Binance menu can push prices up, but unless the PI Core team improves transparency or rethinking its listing strategy, it may continue to wait for the prevailing exchange support. To restore stability, Pi Network has announced a partnership with Pidaoswap, a project driven by society that encourages transparency.
This step briefly reinforced the PI price by 7 %, providing a glimmer of hope. However, it remains to see whether this cooperation can change the market morale in the long run.
Do not miss any rhythm in the world of encryption!
Stay in the foreground with urgent news, expert analysis, actual time updates about the latest trends in Bitcoin, Altcoins, Defi, NFTS and more.
Common questions
PI faces transparency concerns, especially with regard to cartons and supply monitor
The CEO of BYBIT BEN ZHO
While BYBIT PI, CEO of BYBIT PI, described it, its legitimacy is still discussed. Cases of transparency and delay in fuel exchange lists between investors.