Is Binance Snubbing Pi Coin? Major Reasons Behind the Shocking Decision
According to several sources, one of the biggest cryptocurrency exchanges in the world, Binance, has decided not to list Pi Coin. According to reports, Binance gave multiple explanations for why it decided not to list Pi Coin. Among these include the Pi Network’s continued over-centralization and lack of an open mainnet. The situation is still unclear, though, since Binance has yet to issue a formal comment.
Investors and supporters of Pi Coin have swiftly responded on social media, claiming that the reports are untrue. Many people think that Binance’s statements on the closure of the mainnet are untrue. Some claim that this news might just be a rumor because Binance hasn’t formally confirmed anything. According to one source, the fact that Binance has not released an official statement stating that they have rejected Pi Coin suggests that the rumors may not be true.
Pi Coin Awaits Binance Verdict After Open Mainnet Launch
With the promise of improved infrastructure and decentralization, Pi Network formally launched its open mainnet on February 20, 2025. There are still obstacles to overcome, like gaining greater notoriety and liquidity, despite the Pi Network community’s diligent efforts to expand and enhance its platform.
Whether Pi Coin will be listed is unknown until Binance makes a public announcement. Some people are optimistic that Binance will eventually acknowledge Pi Coin‘s advancements, while others are not so sure. It might be a major blow to the project, though, if Binance has indeed rejected Pi Coin.
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