PI Coin, regardless of being common, is unlisted on outstanding exchanges like Binance and CoinGecko. The delay of Binance listing by 86% of the voters frustrates buyers. This setback has additionally contributed to a slowdown in value momentum.
Pi Community blockchain explorer exhibits that the circulating provide of PI tokens has reached 6.9 billion. That represents a 9.5% improve for the reason that mainnet launched on February 20. The rise means that extra customers at the moment are energetic within the ecosystem.
The app has seen over 113.2 million downloads on Google Play Retailer. The straightforward mining mannequin and low barrier to entry are profitable it customers globally. PI Coin can also be being accepted as a type of cost by some retailers and web sites, boosting its real-world utilization.
Nevertheless, the mission faces regulatory scrutiny in international locations like Vietnam and China. Authorities have raised issues about investor dangers tied to Pi Community’s construction.
Whereas the Binance itemizing stays unsure, PI Coin’s rising adoption and market place spotlight its potential within the crypto market.