Binance launches a rare community vote to decide whether to list Pi Network. With its mainnet launch approaching, the hype is at an all-time high.
Pi Network Listing: Will Binance Approve It?
Binance has opened a community vote to determine if it will list Pi Network. This move comes as Pi’s Open Mainnet launch is set for this week.
Pi Network has gained massive global attention, but it remains controversial. While supporters see it as a game-changing crypto project, critics call it a pyramid scheme. If Binance lists Pi, it could boost the project’s credibility, but a misstep could hurt the exchange’s reputation.
Why Pi Network Is Gaining Hype
Since 2021, Pi Network has been one of the most highly anticipated blockchain projects. Unlike most tokens, Pi’s Enclosed Mainnet required users to mine through referrals, making it widely adopted in countries like China.
As excitement builds, Pi’s IOU price jumped 78% last week. Analysts predict its launch price could range between $61 and $70—but with growing demand, this number could rise.
Binance’s Careful Approach to Pi Network
A community vote for token listing is unusual for Binance. The exchange has faced criticism for listing low-market-cap meme coins, leading to pump-and-dump concerns. Even former CEO CZ questioned its listing policies.
For Pi Network, Binance is taking a cautious approach. Voting will close on February 27, a week after the mainnet launch, meaning a listing may not happen immediately.
