Binance has once again left Pi Network out of its Vote to List initiative, causing disappointment among its community as the exchange launches the second edition of its decentralized listing program. The new round, which allows community voting for listing certain cryptocurrencies, sees 12 tokens in the running but notably excludes Pi Network for the second consecutive time.
The second edition of Binance’s Vote to List includes tokens such as VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first round of voting focused on memecoins, this iteration highlights utility tokens from various sectors. Despite its exclusion, Binance clarified that only BNB-based projects are eligible to participate in the initiative, leaving Pi Network fans with little hope for a near-term listing.
Pi Network’s continued absence from Binance’s listing efforts has raised concerns, particularly about the lack of transparency from the PiCoreTeam (PCT). Binance has criticized the PCT for insufficient disclosures regarding Pi Network’s tokenomics, particularly its locking and burning mechanisms, which are vital for the exchange’s evaluation.
While Pi Network was excluded from this round of voting, there remains a possibility that it could be listed directly on Binance in the future. However, no timeline has been provided for such an event. In the meantime, Pi Network’s price has been facing bearish sentiment, with the token losing nearly 5% in the last 24 hours. It currently trades at $0.6646, dipping below the $0.7 mark for the first time in over a month.
Despite this, Pi Network made progress by securing a listing on the BTCC Exchange, bringing it one step closer to potential listings on larger, mainstream platforms. Meanwhile, the PiCoreTeam’s ongoing domain auction has gained traction, with over 200,000 bids placed.
As Pi Network waits for its shot at a Binance listing, its community remains hopeful for future developments, though the road to mainstream exchange recognition may still be long.
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