Pi Coin price lost around 30% in value this week, making it a difficult period for the Pi Network community. It’s now trading in the $0.095 – $1.05 range.

After receiving 86% of votes on Binance to be listed there, Pi Network has still failed to secure any major exchange listings. Recently, “Dr. Altcoin” weighed in on the situation with some interesting insights.

Dr. Altcoin suggests that the main reason Pi Network hasn’t been listed on major exchanges like Binance and Coinbase is likely due to transparency concerns. He believes the Pi Core Team (PCT) hasn’t been sufficiently clear about their mechanisms for locking and burning billions of Pi coins currently under their control.

I now better understand why Pi is not listed on major exchanges such as Binance and Coinbase. It is likely that the Pi Core Team has not been transparent enough about the locking and burning mechanism involving the billions of Pi coins currently owned by the PCT. Without…

This lack of transparency could easily be interpreted as potential market manipulation, something Dr. Altcoin claims to have seen indications of recently. He predicts that the PCT will eventually become more transparent and secure listings on major exchanges, but only after they’ve exhausted the community’s Pi coins on smaller exchanges for under $1.

You can have a look at our Pi Coin price prediction for today before we continue to another potential issue for the Pi Network community.

The average monthly token unlock for Pi Coin over the next 12 months is projected to be 129,567,205.24 tokens. This substantial number of tokens entering circulation could put significant pressure on Pi Coin’s price.

When large quantities of tokens are unlocked and enter the market, it increases the available supply. Based on basic economic principles, if demand remains constant while supply increases, prices typically fall. These upcoming unlocks represent a major challenge for Pi Network’s price stability.

The regular influx of millions of new tokens could create consistent selling pressure, making it difficult for the price to maintain current levels, let alone increase. This is particularly concerning given Pi’s already struggling performance and lack of major exchange support that could help absorb some of this selling pressure through increased liquidity and broader market access.

Read also: Is Pi Network Dying? Here’s Why Pi Coin Might be a Sell Now as Price Crashes

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The post The Real Reason Pi Network Is Not Listed on Major Exchanges Yet appeared first on CaptainAltcoin.

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