- A crypto analyst highlights the Pi Core Team’s lack of clarity on tokenomics as a key reason for its absence from major cryptocurrency exchanges.
- Pi Network’s circulating supply dropped after 10 million tokens were removed, raising further concerns among community and crypto analysts.
- Community members believe the Pi Core Team’s refusal to pay listing fees is also a factor delaying exchange inclusion for the Pi token.
Pi Network’s absence from major cryptocurrency exchanges continues to raise concern, with a crypto expert pointing to transparency issues as the core reason. Currently, the token is unavailable on top platforms like Binance and Coinbase, despite growing demand among its community.
According to a post on X by the pseudonymous crypto analyst Dr. Altcoin, the Pi Core Team’s limited disclosure about the token’s structure could be blocking its progress. The analyst stressed that critical information about the coin’s locking and burning mechanisms remains unavailable to the public.
Dr. Altcoin revealed that the team has not shared sufficient details about how billions of Pi tokens held by the core team will be managed. This lack of transparency, the analyst suggested, might be discouraging centralized exchanges from listing the asset due to potential market stability risks.
Circulating Supply Faces Sudden Adjustment
A noticeable change in Pi Network’s tokenomics added further uncertainty. The circulating supply decreased to 6.77 billion after the Pi Core Team reportedly removed 10 million tokens. Dr. Altcoin described this move as a likely attempt to influence market price before unlocking new tokens.
The analyst warned that sudden supply changes without public explanation might lead to assumptions of price manipulation. These concerns follow a previous token unlock that saw the asset’s value fall sharply, leading to speculation about the team’s strategic intentions.
Although a token burn roadmap is now under development, experts believe clear information is necessary to build trust with potential exchange partners. A transparent roadmap could help reduce future volatility during token releases.
Community Believes Listing Fees Are the Issue
Despite the expert analysis, some community members claim the delay has more to do with financial terms than transparency. They argue that the Pi Core Team is unwilling to pay listing fees, instead seeking a free path to inclusion by major platforms.
Adding to the uncertainty, Binance recently excluded Pi Network from its “Vote to List” program. This move further dims immediate hopes of an exchange listing, leaving many users uncertain about the token’s path forward.
