Binance Excludes Pi Network From Vote To List Initiative Again

Binance has once again excluded Pi Network from its “Vote to List” initiative, disappointing supporters as the second round begins.

Binance has once again excluded Pi Network from its “Vote to List” initiative, disappointing many in the Pi Network community.

This marks the second time the network has been left out of the voting process, as Binance launches the second edition of its listing program.

In a recent announcement, Binance revealed that 12 tokens are up for community voting in the second edition of the initiative. The tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. Binance will decide which tokens to list based on factors like voting results, trading demand, risk assessments, and compliance checks. This round focuses on utility tokens, unlike the first edition, which mainly highlighted meme coins.

Pi Network was notably missing from the list of eligible tokens, which has left its supporters frustrated. In March, Binance had already excluded Pi Network from the first edition of the “Vote to List” initiative. Binance clarified that only projects based on BNB would be considered, further dampening hopes for a Pi listing.

Despite the setback, there is still hope for Pi Network enthusiasts. Binance could still list Pi Network through a direct listing in the future, though there is no set timeline for this. Experts believe that a lack of transparency from Pi’s core team, especially concerning the network’s locking and burning mechanisms, has contributed to its exclusion from the program.

Although Pi Network has been absent from Binance’s voting, it did secure a listing on the BTCC Exchange, bringing it closer to listing on major platforms. However, the price of Pi Network’s token has been underperforming, dropping nearly 5% recently, and falling below $0.7 for the first time in over a month.

As the situation unfolds, Pi Network enthusiasts are eagerly awaiting more developments, including the ongoing domain auction for Pi’s platform, which has already attracted over 200,000 bids.
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