Binance Considers Pi Network Listing After User Vote
Date: 2025-02-28 Author: Oliver Abernathy Categories: BUSINESS
The vote started on February 17 and attracted 294,957 users, which is only 0.12% of Binance's total customer base of about 250 million people. Representatives of the platform clarified that only those votes that meet regional requirements and terms of use were taken into account when processing the results. Despite the high level of support, the final decision on adding Pi Coin to Binance will be made after a comprehensive analysis of the crypto asset.
"We are grateful for the user activity, but the voting results are for informational purposes only and are not a determining factor for Binance. The project is under evaluation," the company emphasized.
Amid these events, the price of Pi Coin fell sharply by 20.8% in 24 hours, reaching $2.3. The cryptocurrency is likely to face a correction as the overall market trend remains bearish. However, the asset has increased by 213.1% over the past week, indicating increased investor interest.
The Pi Network community is eagerly awaiting March 14 — Pi Day, dedicated to the mathematical constant. The project was launched on the same day in 2019, and the community has traditionally celebrated this date since then.
Despite the attention from users, some key representatives of the crypto industry are skeptical about the prospects of Pi Network. Bybit CEO Ben Zhou, whose exchange experienced the largest hack worth $1.4 billion, directly called the project a scam and said that Bybit is not considering listing it.
