PI has attracted significant interest from the community. However, please share why Binance hasn’t listed PIs yet and take advantage of the opportunity to get a large user base from the community. Let’s explore some of the key insights below!
PI Network Community
PI Network has a large community of millions of users. However, most of them usually lack experience with the entire blockchain, especially cryptocurrencies.
According to Bybit CEO Ben Zhou, the network is more dangerous than meme coins because it targets people who lack cryptocurrency knowledge, leading to unrealistic expectations – unlike Meme Coin Game.
He also questioned the value of the project given its long delays and missed deadlines.
“They advertise that you only need to press a button to make a lot of money. But they never explain how the money actually makes money. “Many people receive nothing, and occasionally data leaks,” Zhou said. ”
Source: Screenshots of this week during the live broadcast
Trends on sale
In the crypto market, when a token is listed as binary, it usually triggers a direct effect. The price of tokens may soar due to increased attention and capital inflows. However, it is also the time when many traders take advantage of the opportunity to “sell” and make profits, which then leads to a lot of sales pressure and a sharp drop in prices.
Examples: Shell, Alchemy, Trump,…
- Positive plan: If Binance makes a list properly (for example during the Bull Run) is used in conjunction with a strategic pump, the PI creates a huge excitement. This will drive the price of tokens and attract more new immigrants (F0 investors), thus expanding the PI network and Binance ecosystem.
- Negative situations: On the other hand, if the time to market is not good or the community is not fully prepared, post-pump sales pressure may cause the price of Pi to fall. With such a large community, the domino effect of FUD will be difficult to include.
If PI is listed as a second-hand stock and investors start selling, the price on other exchanges may rise below $0.7 before rising on other exchanges, according to Nftevening.
If PI is listed, chances
List PI communication
Despite many conflicting opinions, some exchanges still list PIs, such as: OKX, BITGET, MEXC, GATE.IO, ETC.
If executed correctly, PI’s listing of second-hand stocks may bring huge benefits to both parties:
- For PI networks: Listing on Binance would be a game-changer to help PI transition from a “free mining” project to an asset with real value. This will boost confidence in the existing community while attracting millions of new users, especially those looking for opportunities to enter the cryptocurrency market.
- binance: List PI provides binance with the opportunity to land on a large number of users who have never participated in traditional trading platforms. With the right marketing strategy, Binance can further strengthen its position in the industry by turning users into loyal customers.
This chain reaction may create a positive feedback loop: the more users join, the higher the PI value increases, leading to a more vibrant overall crypto market.
What is a PI network?
PI Network is a cryptocurrency project designed for mobile mining, allowing users to easily earn tokens without consuming a lot of energy, thanks to an excellent consensus protocol.
Learn more: What is a PI network
Conclusion: What is the obligation to consider?
Obviously, binance can’t rush to list PIs without thinking carefully. The decision will depend on overall market conditions, investor sentiment and community preparation. This is a complex equation – how to take advantage of opportunities to attract new users while minimizing FUD risks and price volatility.
For users, it is time to prepare for everything in the future psychologically and strategically. A binary inventory may be a breakthrough in pushing the PI network to new heights, but it may also be the biggest challenge to date. With Binance and strong community support, the chain has the potential to turn these challenges into opportunities to consolidate its position in the competitive crypto space.
