On February 17, 2025, Binance, one of the world’s largest cryptocurrency exchanges, launched a community vote regarding the listing of Pi Network (PI coin). This vote is attracting attention as an important step to evaluate the project’s future potential.
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Details of the Binance Listing Vote
Binance has adopted arare voting formatthis time to reflect community opinions. The voting period is from February 17, 2025, 14:45 (UTC) to February 27, 23:59 (UTC), and participation requires meeting the following conditions:
- Having a KYC-verified Binance account
- Holding assets worth at least $5 in the account
Users who meet these conditions can vote “Yes” or “No”. However, this result will be treated as reference information, and the final listing decision will be based on Binance’s own evaluation process.
Vote here
https://www.binance.com/en/square/post/20434899280394
Current Voting Status
As of now, over 2 million votes have been collected, with86% in favor of listing. This result indicates high expectations within the Pi Network community.
The administrator believes the listing is confirmed. It feels like the voting format was created as a way to buy time to collect Pi coins. Even for the largest exchange, securing Pi might be difficult.
This meme was also created after the voting began.
Bybit’s Position
Bybit is said to be unable to list $Pi, or the possibility is extremely low, due to regulatory or technical reasons.
Nevertheless, the scenario where they are being whispered information that “Binance is also preparing to list $Pi” is unrealistic yet humorous.
For recent movements of Bybit, refer here
Pi Network Shaken by KYB Introduction: Impact of Bybit CEO’s Remarks on Investors
Point of Irony
The point that Bybit itself cannot handle $Pi, yet is reacting to information that Binance (the world’s largest exchange) is preparing for it, is surreal.
This meme makes it seem as if Bybit is “sensitive to the movements of its competitor, Binance,” but the fact that it cannot participate in that competition in the first place is the source of humor.
Cryptocurrency Community Culture
In the cryptocurrency world, unconfirmed information and rumors often fly around, which can be factors that fuel price fluctuations and expectations. This meme satirically depicts such a situation.
Essence of Humor
The gap between the reality that Bybit cannot list $Pi and the scene where it is hearing rumors that “Binance is also preparing for listing” creates the humor of this meme. Also, by being contrasted with the giant entity “Binance,” Bybit’s weak position and absurdity are highlighted.This meme is a humorous work that satirizes the rumors and expectations unique to the cryptocurrency community, as well as the competitive structure between exchanges.