Members of the Pi Network community are confused about the ongoing absence of their token on major cryptocurrency exchanges.
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Despite growing anticipation for a listing, some experts point to a lack of transparency from the Pi Core Team as the primary reason for the delay.
Crypto analyst Dr. Altcoin has weighed in on the situation, suggesting that one of the main hurdles to Pi Network’s exchange listings is its unclear tokenomics. In a recent post on X, Dr. Altcoin explained that the Pi Core Team has not provided enough transparency regarding key aspects of the project, particularly its coin distribution mechanisms. The specifics of how Pi coins are locked or burned remain ambiguous, which has led to concerns about the integrity of its economic model.
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At present, Pi Network is not listed on major exchanges like Binance or Coinbase. While speculation about an eventual listing persists, Binance has notably excluded the token from its Vote To List initiative, which could signal hesitation from the platform. Dr. Altcoin further pointed out that Pi’s reduced circulating supply—currently at 6.77 billion coins—could be an attempt to influence market prices. In his view, the Pi Core Team’s actions, including removing 10 million coins from circulation, might be interpreted as efforts to manipulate the market ahead of a future token unlock, especially given the lack of clear communication about the process.
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This situation has sparked debates within the community, with some members disagreeing with Dr. Altcoin’s view. A portion of the Pi Network’s user base believes the real reason behind the delay is the Pi Core Team’s reluctance to pay for an exchange listing. They argue that the team is holding out for a free listing, which could be contributing to the extended wait.
Despite these differing opinions, the lack of transparency surrounding the token’s mechanics continues to raise red flags, with many in the community hoping for clearer answers as the project moves forward.
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Alexander Stefanov
