Pi Coin, the cryptocurrency project of the Pi Network, has achieved remarkable success by ranking 11th on CoinMarketCap with a market capitalization of over $12 billion, even without listing on major exchanges like Binance. This success is supported by a growing number of users and increased activity in the Pi Network ecosystem.
Pi Network has seen over 113 million downloads of its app on Google Play, indicating a growing interest in mobile cryptocurrency mining. In addition, some merchants and platforms are starting to accept Pi Coin as payment, increasing its real-world utility and encouraging its adoption in everyday life.
Despite strong community support, with 86% of voters expressing a desire to see Pi Coin listed on Binance, the exchange has not yet announced any concrete plans. This uncertainty has led to significant volatility in the price of Pi Coin.
Some analysts and community members believe that delaying listing on Binance may be a strategic move. By avoiding early listing, Pi Network is trying to minimize the short-term speculation and volatility that often follows the launch of new tokens on major exchanges. This approach allows the project to focus on building the real value and utility of its cryptocurrency.