Binance Sidelines Pi Network Again In Vote To List Initiative, Here’s All

As Binance’s Vote to Record initiative kicks off, the change has turned its again on Pi Community for the second time. Binance is continuing with the decentralized itemizing program however Pi Community is noticeably absent from the raft of cryptocurrencies.

Pi Community Fails To Make Binance Record

Pi Community lovers are in limbo following the absence of the token in Binance’s Vote to Record initiative. In keeping with a press release, Binance has opened voting for its second Vote to Record initiative.

This time, 12 tokens are up for neighborhood voting, with Binance continuing to spot-list profitable tokens. Aside from vote rely, Binance says it can contemplate buying and selling demand, a threat evaluation, and a compliance verify to resolve on tokens that may make the itemizing.

The chosen tokens embrace VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. Whereas the primary centered on memecoin, the second iteration beams a searchlight on utility tokens slicing throughout a number of verticals.

Again in March, Binance excluded Pi Network from its first version of the Vote to Record initiative. Binance has clarified that solely BNB-based tasks can be allowed to take part within the Vote to Record initiative, dousing optimism for Pi Community lovers.

When Will Binance Record The Asset?

Regardless of Pi lacking out on the Vote to Record program, there’s nonetheless a ray of hope for neighborhood members. Binance can checklist Pi by way of a direct itemizing sooner or later however a timeline is unavailable.

Consultants say an absence of transparency by The PiCoreTeam (PCT) is a motive why Binance has not listed Pi Community. Significantly, the change took swipes on the PCT for failing to present correct disclosures on the Pi Community’s locking and burning mechanism.

Pi Network secured a significant itemizing on the BTCC Change, bringing the token nearer to being listed on mainstream exchanges. Whereas a list hovers on the horizon for Pi, the PCT’s area public sale is gathering steam with over 200,000 bids.

Pi worth has been largely underwhelming over the past day, shedding almost 5%. Pi trades at $0.6646 to drop under the $0.7 mark for the primary time in over a month.