The post Pi Network Doesn’t Need Binance – The Community Speaks Out appeared first on Coinpedia Fintech News
While most crypto projects dream of getting listed on Binance, many in the Pi Network community believe that not being listed is actually a blessing in disguise.
Binance Listing Could Hurt More Than Help
One of the Pi news accounts on X pointed out a growing trend where newly listed tokens on Binance often see a massive price spike followed by a dramatic crash. Some tokens drop as much as 90–95% shortly after launch.
Pi users argue that this has protected the token from being exploited by short-term traders and bots that typically dump right after listings
Community Pushes Back on Listing Hype
Earlier in June, a Pi Network news account ran a poll on X asking if PI should be listed on Binance. Even then, the responses were mostly negative. Users argued that key issues, especially KYC bugs, must be fixed first before any listings.
Reddit discussions reveal that some users believe Pi’s value goes beyond just exchange listings and hype. They pointed out that the Core Team needs to improve in areas like PR, UI updates, and timely announcements, but the project’s potential and massive user base speak for themselves. A Binance listing would boost visibility, but Pi doesn’t depend on it.
What Matters More for Pi?
Pioneers have expressed that Pi’s true value comes from its community and the ecosystem it’s building and not from any one exchange.
However, analyst Dr Altcoin has previously said that Pi’s drop below $1.30 and its fall in the ranks are closely tied to its failure to secure a Binance listing, despite 86% community support. The lack of major Pi Day announcements has further damaged sentiment. To restore trust, he says that action is needed, starting with a clear roadmap and real exchange listings.
Pi2Day Hopes High
Pi Coin is listed on exchanges like OKX, Bitget, Gate.io, and MEXC. With Pi2Day coming up on June 28, the community is hoping for big news, like a possible Binance listing. Earlier this year, Binance had sparked excitement by hinting at Pi in a tweet.
Source: https://coinpedia.org/news/pi-network-doesnt-need-binance-the-community-speaks-out/