The Pi Network token has received overwhelming support in a recent community poll conducted by Binance.
The Pi Network token has received overwhelming support in a recent community poll conducted by Binance, with 86% of nearly 295,000 participants voting in favor of its potential listing on the exchange.
This strong backing highlights the interest among crypto users, though Binance has yet to make any official announcement regarding the token's listing status.
The poll took place from Feb. 17-27, allowing community members to express their opinions on adding Pi Token to the platform. Despite the vote’s positive outcome, Binance remains cautious in its decision-making process, which includes a thorough review of factors such as security, liquidity, and regulatory compliance before any new token can be listed.
While the poll results indicate significant community support, the uncertainty surrounding Binance's decision continues to affect the token’s market performance.
Following the poll, the Pi Token's price has experienced a downturn, dropping 20% to around $2.15, amid a general decline in the cryptocurrency market.
Investors are closely watching for any developments from Binance, as a positive decision could enhance the token's credibility and potentially lead to an influx of new investors. However, until an official announcement is made, the future of the Pi Token on Binance remains uncertain.
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