- Is Binance Holding Back on Pi Coin Listing Due to Market Conditions?
- Binance Pi Network Voting Results: Strong Support but No Action
- Is Pi Coin’s Price Drop the Reason for Binance’s Delay?
- Crypto Market Crash: Another Obstacle for Pi Coin?
- Binance’s Silence Sparks Controversy
- Could Pi Coin List on Binance on “Pi Day”?
- Final Thoughts: Waiting for the Right Time or Strategic Delay?
Is Binance Holding Back on Pi Coin Listing Due to Market Conditions?
The much-anticipated Pi Coin listing on Binance remains unconfirmed, despite an overwhelming majority voting in favor. The Binance Pi Network vote ended on February 27, yet the exchange has remained silent, leading to intense speculation. With a recent downturn in the crypto market and a drop in Pi Coin’s value, many are questioning whether Binance is strategically delaying the announcement or simply avoiding a high-risk listing.
Binance Pi Network Voting Results: Strong Support but No Action
The Binance Pi Network vote attracted considerable attention, with 232,676 eligible votes cast between February 17 and February 27.
- Yes: 87.1% (202,547 votes)
- No: 12.9% (30,129 votes)
Despite the clear support for Pi Coin’s listing, Binance has yet to make an official statement. The exchange follows a strict evaluation process, ensuring listed tokens meet security and quality standards. However, Binance’s prolonged silence is making investors anxious.
Is Pi Coin’s Price Drop the Reason for Binance’s Delay?
Pi Coin recently experienced a dramatic surge of 195.97% in a single week but is now facing a sharp downturn. At the time of writing, Pi Coin is trading at $2.26, reflecting a 6.92% drop within 24 hours. After reaching an all-time high of $2.98 on February 26, the coin has been on a downward trend.
With a market cap of $15.3 billion and a 24-hour trading volume of $1.73 billion, Pi Coin’s volatility could be a key factor in Binance’s hesitation. The exchange may be monitoring price stability before making a final decision on the listing.
Crypto Market Crash: Another Obstacle for Pi Coin?
The ongoing crypto market crash is adding another layer of uncertainty. In just three days, the global crypto market cap dropped to $2.64 trillion, marking a 6.15% decline in 24 hours. The Crypto Fear & Greed Index has plummeted from 72 (Extreme Greed) to as low as 10 (Extreme Fear) before slightly recovering to 16, indicating widespread uncertainty among investors.
Given the unstable market conditions, Binance may be postponing Pi Coin’s listing to avoid additional risks, especially as the crypto industry struggles to regain momentum.
Binance’s Silence Sparks Controversy
With no official confirmation, the crypto community is split on whether Binance’s handling of the Pi Coin listing was a publicity stunt. Web3 enthusiast and $LEO ambassador Zoe voiced concerns on social media, suggesting that Binance used the voting process purely for engagement rather than a genuine listing attempt.
Meanwhile, others defend7 Binance’s strict listing policies, arguing that Pi Coin requires a more thorough evaluation. Unlike some meme coins that have been listed with minimal review, Pi Coin’s extended assessment is drawing frustration from supporters.
Could Pi Coin List on Binance on “Pi Day”?
The delay aligns with Pi Network’s recent grace period extension for KYC verification and Mainnet migration, now set for March 14, 2025. Given this timeline, some speculate that Binance might schedule the listing for March 14, widely recognized as “Pi Day.”
However, as of now, there is no official confirmation from Binance or Pi Network regarding the listing date.
Final Thoughts: Waiting for the Right Time or Strategic Delay?
Binance’s silence on the Pi Coin listing has fueled multiple theories. While some believe the exchange is waiting for market stabilization, others think it is hesitant due to Pi Coin’s recent price fluctuations. If the crypto market rebounds and Pi Coin gains steady momentum, Binance might finally announce the listing.
Until then, the Pi Network community remains in anticipation, eager for a definitive decision.
Also Read:
- HEX Founder Richard Heart Cleared of SEC Charges After Court Ruling
- Ukraine’s Crypto Law: 5-10% Tax or Increased Regulatory Control?
- PAWS Binance Listing Confirmed—Which Exchange Is Next?
- Trump to Host Landmark White House Crypto Summit on March 7
- Birds Coin Listing Date Approaches—Snapshot Triggers Speculation!
- PAWS Listing Set for Early March—Is a Binance Listing Next?
- Blum Airdrop Listing in March? Will $BLUM Surge Like Pi?
- Binance Pi Listing in Doubt? Silence After Vote—What’s Next?