The Real Reason Pi Network Is Not Listed on Major Exchanges Yet

Pi Coin price lost around 30% in value this week, making it a difficult period for the Pi Network community. It’s now trading in the $0.095 – $1.05 range.

After receiving 86% of votes on Binance to be listed there, Pi Network has still failed to secure any major exchange listings. Recently, “Dr. Altcoin” weighed in on the situation with some interesting insights.

Transparency Issues May Be Blocking Major Listings

Dr. Altcoin suggests that the main reason Pi Network hasn’t been listed on major exchanges like Binance and Coinbase is likely due to transparency concerns. He believes the Pi Core Team (PCT) hasn’t been sufficiently clear about their mechanisms for locking and burning billions of Pi coins currently under their control.

This lack of transparency could easily be interpreted as potential market manipulation, something Dr. Altcoin claims to have seen indications of recently. He predicts that the PCT will eventually become more transparent and secure listings on major exchanges, but only after they’ve exhausted the community’s Pi coins on smaller exchanges for under $1.

You can have a look at our Pi Coin price prediction for today before we continue to another potential issue for the Pi Network community.

Token Unlock Pressure Could Impact Price Stability

The average monthly token unlock for Pi Coin over the next 12 months is projected to be 129,567,205.24 tokens. This substantial number of tokens entering circulation could put significant pressure on Pi Coin’s price.

When large quantities of tokens are unlocked and enter the market, it increases the available supply. Based on basic economic principles, if demand remains constant while supply increases, prices typically fall. These upcoming unlocks represent a major challenge for Pi Network’s price stability.

The regular influx of millions of new tokens could create consistent selling pressure, making it difficult for the price to maintain current levels, let alone increase. This is particularly concerning given Pi’s already struggling performance and lack of major exchange support that could help absorb some of this selling pressure through increased liquidity and broader market access.

Read also: Is Pi Network Dying? Here’s Why Pi Coin Might be a Sell Now as Price Crashes

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo