Many investors and cryptocurrency enthusiasts are interested in the possibility of Pi Network, which is attracting attention in the cryptocurrency industry, being listed on Binance, the world’s largest exchange. This article will explain in detail the future prospects of Pi Network and Binance’s listing criteria, based on the statements of Binance CEO Changpeng Zhao (CZ).
Binance’s Listing Criteria: User Count is Key
CZ cites user count as the most important criterion when Binance lists new coins.
“What we value most is the number of users. If a project has a large number of users, it means it has value. We call this ‘utility value’.”
Based on this criterion, Pi Network, with 60 million users, can be considered a strong candidate for listing on Binance.
Binance’s Strict Listing Process
However, listing on Binance is not solely determined by user count. CZ also mentioned the following strict listing process:
- Prohibition of information disclosure before listing
- Prohibition of unilateral listing announcements by the project team
- Prohibition of pressuring Binance
Violation of these rules may result in the listing being postponed indefinitely or being blacklisted.
Pi Network’s Unique Strategy
The core team of Pi Network seems to be focusing on building its own ecosystem, apps, and marketplace, rather than just aiming for a listing on Binance. This can be considered a long-term strategy.
Industry Expert Views
BBC and Binance CEO CZ also recognize the potential value of Pi Network. CZ particularly emphasizes the value of projects with a large user base.
“Projects with a large user base have value. This can be called utility value.”
Although this statement does not directly refer to Pi Network, it aligns with Pi Network’s characteristics, and it is highly likely that Binance will pay attention to it in the future.
Advice for Investors
Experts offer the following advice regarding investing in Pi Network:
- Have a long-term perspective
- Keep excessive expectations in check
- Keep a close eye on the project’s progress
While Pi Network’s success is not guaranteed, its large user base suggests a bright future.
Conclusion: Pi Network’s Future Prospects and Investment Decisions
The possibility of Pi Network being listed on Binance is not low, considering its user count and plans for building its own ecosystem. However, given Binance’s strict listing criteria and the uncertainty of the cryptocurrency market, a cautious approach is also necessary.
We recommend that investors keep a close eye on Pi Network’s technical progress and market trends, and make investment decisions at their own risk. Always remember that cryptocurrency investment involves high risks, and strive for sufficient research and careful judgment.