Expert Finally Reveals Why Binance Might Never List Pi Coin

Pi Coin’s worth has been on a rollercoaster—rising to $2.98 earlier than crashing right down to $0.50, leaving many shocked. As of now, Pi is down over 11% and buying and selling at $0.63. One cause for Pi Coin’s wrestle may very well be its absence from main exchanges like Binance and Coinbase, which limits its visibility and buying and selling quantity.

As reported by Bao Moi, Nguyễn Hà Minh Thông, founding father of Cabo Capital in Ho Chi Minh Metropolis, has shared causes on why Binance has but to record Pi Token. The knowledgeable stated that whereas the Pi neighborhood would possibly imagine the undertaking doesn’t want Binance, with out recognition from main exchanges, Pi will proceed to face skepticism and wrestle to attain actual market worth.

Restricted Open Market Exercise:

Pi Community’s mainnet has been stay since late 2024, however it stays in an “enclosed” state, that means transactions are restricted to its inside ecosystem. Binance prefers tasks with absolutely open, public blockchains to make sure transparency and market stability.

Unclear Tokenomics:

The full provide of Pi is reportedly 100 billion tokens, however solely about 6.8 billion are in circulation. The Pi Core Workforce has additionally lowered the availability by eradicating 10 million tokens with out clear explanations, elevating considerations about potential worth manipulation. Binance requires clear knowledge on token distribution to keep away from dangers.

Regulatory Issues:

Binance is beneath regulatory strain globally, particularly within the U.S., the place authorized points round cash laundering and monetary compliance are severe. Pi Community has not been formally acknowledged by any regulatory physique. In Vietnam, cryptocurrencies aren’t legally acknowledged, and in China, Pi was flagged as a “multi-level advertising undertaking.” Itemizing Pi may expose Binance to authorized dangers.

Lack of Liquidity and Market Exercise:

For a token to be listed on Binance, it wants robust liquidity and buying and selling quantity on main exchanges. Pi at the moment trades primarily via OTC channels like Telegram and small exchanges (e.g., OKX, HTX) with unstable costs. Binance prefers tokens which have skilled actual worth discovery in open markets.

Centralization Points:

Pi Community has confronted criticism for its excessive stage of centralization, with the Pi Core Workforce controlling all mainnet nodes. This contradicts the decentralization precept that main exchanges like Binance prioritize, as seen with Bitcoin and Ethereum.