Why Pi Is Struggling to Get Listed on Major Exchanges

Pi Network was launched with massive media threw, attracting millions of users who have undermined the token in anticipation of a major exchange list. But despite its popularity, Pi remains absent from high-level platforms like Binance and Bybit. Registration on these exchanges could considerably increase its value, which gives it more credibility and market access. However, the wait continues, and now, the Crypto analyst, Dr. Altcoin, stressed a major reason for the delay – transparency problems within the PI Core team.

The lack of transparency of the delays on the PI list

According to Dr. Altcoin, the largest obstacle preventing the PI network of listed is the lack of transparency of the project, in particular around its Tokenomics. The analyst claims that the Pi Core team was not clear on the locking and burning mechanisms for billions of pi tokens under their control. Without a clear frame, exchanges can see PI as a risk.

Recently, the PI circulation offer fell to 6.77 billion after 10 million parts were withdrawn. Dr. Altcoin believes that this decision was an attempt to control prices before a token unlocking. Without transparency, such actions could raise concerns concerning the potential manipulation of prices, which may be the reason why the binance and other exchanges remain hesitant.

Did you refuse to pay the lists?

Not everyone agrees with the taking of Dr. Altcoin. Some supporters of the PI network maintain that the delay does not concern transparency, but rather the team’s refusal to pay the registration fees. Many projects spend millions to obtain a place on major exchanges, but PI developers would be held on a free list, which naturally takes more time.

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Pi feeling of the current market

Pi Network is currently negotiating at $ 1, down 66% compared to its summit of $ 2.98 in February.

During last week, he dropped by 34% and fell to the 25th point of Coingecko, with increased concerns after the CEO of Bybit labeled a scam. In addition, the list of binance could increase higher prices, but unless the PI Core team improves transparency or rethinks its registration strategy, waiting for traditional exchange support can light. To regain stability, Pi Network has announced a partnership with Pidaoswap, a project focused on the community promoting transparency.

This decision briefly increased the price of 7%PI, offering a glimmer of hope. However, it remains to be seen whether this collaboration can change the feeling of the long -term market.

Faq