Pi Network Users Demand Listing Delay Amid KYC Concerns and Price Drop

A recent poll on X regarding Binance listing for Pi cryptocurrency revealed a significant backlash from users. The majority expressed opposition to the listing, citing unresolved KYC issues as their primary concern. 🤨 🤯 🔒 💰 While some were hopeful about potential listing benefits, many expressed strong frustrations over the current state of Pi Network’s ecosystem. The lack of a successful KYC system is causing major disruptions with users unable to transfer their Pi because certain people in their security circles haven’t completed verification. This issue has created widespread frustration within the community as it hinders smooth transactions and access to funds. 🔐 Adding fuel to the fire, some believe that Pi Network might be intentionally delaying KYC for financial gain by locking up tokens. This has sparked accusations of unfair practices on the part of the platform. One user even went so far as to claim that Pi Network deliberately delayed KYC to hold users’ tokens hostage, leading to a dramatic decline in trust and transparency among users. ⚠️ The lack of clarity regarding the project’s roadmap and security measures is also causing concerns about long-term sustainability. 📈 Users are also raising serious issues with the overall wallet system and its ability to secure their funds. Concerns about potential risks and unfair token unlocking procedures have amplified these anxieties, leading some to question Pi Network’s future viability. The community’s growing apprehension has been reflected in the coin’s price drop. It has fallen over 13% in the past week, dropping to $0.6449. The recent unlock schedule for 275 million more tokens worth $176 million is set to occur over the next 30 days. This influx of tokens could further contribute to the price volatility. 😔 Pi Network has been facing pressure from users to address its outstanding KYC and security concerns before considering a listing on Binance. The team had originally set a deadline of March 14, 2025, for users to migrate their balances to the Mainnet. But many have failed to meet this deadline, leading to potential loss of funds. The lack of transparency in project management has further exacerbated user frustration. 😠 With these growing concerns, Pi Network is at a crossroads – must they prioritize user confidence before considering any listing? This pivotal moment will determine the future trajectory of the network.