Pi Coin Price Crash: Reasons Behind the Drop and Will Binance List Pi Coin? All you Want to know about Pi Coin.

Pi Coin Price Crash: Reasons Behind the Drop and Will Binance List Pi Coin? All you Want to know about Pi Coin. 

Pi Network's Price Crashes After Mainnet Launch.

Pi Network's value dropped sharply after launching its mainnet, losing about $6 billion in just two days.

Big Price Drop: The token’s price fell from $2 at launch to around $0.76, surprising the crypto community.

Why Did This Happen?


1. Scam Accusations:-
Bybit CEO Ben Zhou called Pi Network a scam, citing a Chinese report that claimed the project targeted older people. Even though Pi Network denied the allegations, this hurt investor confidence.

2. Early Investors Sold Quickly:-
Many early supporters, known as "pioneers," sold their tokens as soon as the mainnet launched. This panic selling, common in "tap-to-earn" projects, made the price drop even faster.

3. New Tokens Struggling:-
Other newly launched tokens like Wormhole, ZkSync, and EigenLayer have also crashed after their airdrops. This trend has made investors more uncertain about Pi Network’s future.

The Big Problem

People who mined Pi for free now hold a combined value of $120 billion on paper—while real, working crypto projects struggle to reach $1 billion.

The crazy part? Most Pi holders can’t even cash out yet. The hype is massive, but actual money flowing in? Not so much.

When Pi Coin will be list on Binance Application?


The Truth About a Pi Coin Binance Listing:-

Many Pi Coin holders dream of getting listed on Binance, but have you thought about what might happen next? Let’s break down some harsh realities that could shake the crypto world.

1. A Market Crash Could Happen:-
Pi was mined for free by millions of people, similar to a pyramid scheme. If it gets listed, most users will likely sell their coins immediately to cash out. This massive sell-off could crash the market and harm other cryptocurrencies.

2. KYC Requirement Raises Concerns:-
Unlike most cryptocurrencies, Pi requires users to verify their identity (KYC) just to mine coins. This makes it more centralized, reduces privacy, and creates trust issues in the crypto space. Many investors avoid projects with strict controls like this.

3. No Real Blockchain – A Closed System:-
Pi Network is not fully decentralized. It operates in a closed system controlled by its developers, meaning there is no open-source verification. Without transparency, investors have no way to confirm if it truly functions as a blockchain.

4. No Real Use or Adoption:-
Despite being around for years, Pi Coin has no real-world use beyond speculation. Unlike Bitcoin and Ethereum, which support smart contracts and decentralized finance (DeFi), Pi doesn’t offer much utility. Without demand, its price will likely drop quickly after listing.

5. Locked Tokens and an Uncertain Future:-
Even if Pi Coin gets listed on Binance, most holders won’t be able to sell right away because their tokens are locked. This could create an artificially high price at first, but once tokens are unlocked, the price may crash.

A Binance listing sounds exciting, but if Pi Coin isn’t truly decentralized or useful, it could turn into one of the biggest letdowns in crypto history.

Disclaimer:-
No advice or suggestions were given. updates only for educational reasons. Before making any decisions, speak with your financial advisor. Members and administrators are not responsible for financial losses. posts a warning about changes in the market.

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