Pi Network Token Receives 86% Support in Binance Listing Poll
Investors are watching Binance for a potential listing of Pi Coin, following a recent community vote showing 86% support among nearly 295,000 participants. However, Binance has not yet confirmed its decision, as it maintains strict listing criteria based on security, liquidity, and regulatory compliance.
Key Points
- Binance conducted a poll from February 17 to 27 regarding the listing of Pi Coin.
- The Pi Network's mainnet has launched, but it must meet Binance’s standards before listing.
- A successful listing could enhance credibility and attract new investors.
- Despite positive sentiment, Pi Coin's price dropped 20% to $2.15 today, with trading volume down 53% to $1.68 billion in 24 hours.
- Previously, Pi Coin surged 230% last week, reaching an all-time high of $2.99.
- Analysts view the current price correction as profit-taking, but uncertainty around the Binance decision may influence future price movements.