自Open Mainnet發布以來，PI Network（PI）加密貨幣價格下跌了28％，降至每日低於$ 0.856

自2025年2月20日，PI Network的本地加密貨幣Pi Coin自開放的Mainnet發射以來，它一直經歷了顯著波動。

(CoinChapter.com) – Pi Network’s native cryptocurrency, PI coin, has seen plenty of ups and downs since the Open Mainnet launch on February 20, 2025.

（Coinchapter.com） - 自2025年2月20日開放的Mainnet發布以來，PI Network的本地加密貨幣Pi Coin已經看到了很多起伏。

Initially listed at around $1.45, PI surged over 35% in the first hour of trading, reaching a peak of $2.10, before plunging to a low of $1.01 within a few hours.

PI最初以1.45美元的價格上市，在交易的第一個小時內飆升了35％以上，達到2.10美元，然後在幾個小時內下跌至1.01美元。

This wild price action, saw PI coin lose almost all its early gains, and had investors and enthusiasts questioning what’s next for the token.

這種瘋狂的價格行動使Pi Coin幾乎失去了所有早期收益，並讓投資者和發燒友質疑代幣的下一步。

Amid this turbulence, speculation about Pi Network’s cryptocurrency being listed on major exchanges, grew rapidly, especially regarding Binance’s “Vote to List” campaign.

在這種動蕩之中，人們對PI Network在主要交易所上列出的加密貨幣的猜測迅速增長​​，尤其是關於Binance的“投票列出”運動。

Pi supporters went all out, rallying behind PI coin, which secured around 86–88% approval by the time the voting window closed on Feb. 27.

PI支持者全力以赴，在Pi Coin後面集會，該硬幣在2月27日關閉時獲得了約86-88％的批准。

To many users, this overwhelming turnout seemed to bode well for a listing on the world’s largest crypto exchange. But as results rolled out, and PI coin was notably absent from the finalist list, the backlash began in full force.

對於許多用戶而言，這種壓倒性的投票率似乎是在世界上最大的加密貨幣交易所上市的清單中很好的兆頭。但是隨著結果的推出，決賽列表中的Pi硬幣顯然不存在，因此反彈開始了。

Angry posts flooded X (formerly Twitter), accusing Binance of favoritism and hypocrisy for selecting memecoins like BANANAS31 and KOMA over PI coin.

憤怒的帖子淹沒了X（以前是Twitter），指責偏見和虛偽，以選擇像Bananas31和Koma之類的Memecoins而不是Pi Coin。

However, a closer look at the campaign’s requirements—and Pi Network’s limitations—suggests the real reason lies in a simple technicality that Pi fans chose to ignore.

但是，仔細研究了廣告系列的要求以及PI網絡的局限性，這表明了真正的原因在於Pi粉絲選擇忽略的簡單技術。

Despite the evident enthusiasm among Pi Network supporters, who managed to grant PI coin an impressive 86–88% approval in Binance’s “Vote to List” campaign, the token ultimately didn’t make the cut for a listing on the exchange.

儘管PI網絡支持者的熱情顯而易見，他們在Binance的“投票列出”活動中授予Pi Coin令人印象深刻的86-88％的批准，但代幣最終並沒有削減交易所上市。

This result sparked frustration among Pi Network enthusiasts, who felt that the overwhelming support from the community should have been enough to secure a spot for PI coin.

這一結果引起了PI網絡愛好者的沮喪，他們認為社區的壓倒性支持應該足以確保Pi Coin的位置。

Many users took to X (formerly Twitter) to express their disappointment and anger over Binance allegedly breaking its promise to list the token based on popular vote.

許多用戶上了X（以前是Twitter），表達了他們對Binance的失望和憤怒，據稱違反了其諾言，該諾言是根據大眾投票列出令牌的承諾。

However, a closer look at the campaign’s stipulations reveals that community votes are advisory and do not override the exchange’s internal procedures.

但是，仔細研究了該活動的規定，表明社區投票是諮詢的，不會覆蓋交易所的內部程序。

Binance’s “Vote to List” campaign operates under specific technical requirements, chief among them being that participating projects must be built on the BNB Smart Chain (BSC).

Binance的“投票列出”廣告活動是在特定技術要求下運作的，其中主要是必須在BNB Smart Chain（BSC）上構建參與項目。

Pi Network, however, functions on its proprietary blockchain, rendering it incompatible with this particular campaign.

但是，PI網絡在其專有區塊鏈上發揮作用，使其與此特定活動不相容。

Despite the token’s widespread popularity, which is evident in the high approval rate and the fact that PI coin secured the most votes among all listed projects, its fundamental incompatibility with BSC disqualified it from consideration.

儘管令牌廣泛的受歡迎程度，這在高批准率中顯而易見，並且Pi Coin在所有上市項目中獲得了最多的選票，但其與BSC的基本不相容性是取消其資格的基本不相容性。

The technical stipulation takes precedence over community sentiment, and the exchange has consistently maintained that the final decision to list a token is based on a comprehensive internal review process.

技術規定優先於社區情緒，該交流一直堅持認為，列出令牌的最終決定是基於全面的內部審查過程。

This assessment considers factors such as security, liquidity, regulatory compliance, and strategic alignment with Binance’s ecosystem.

該評估考慮了諸如安全性，流動性，法規合規性以及與Binance生態系統的戰略一致性等因素。

Pi Network’s lack of open-source code, undeployed smart contract functionality, and referral-based mining model—which has drawn comparisons to pyramid schemes—are issues that an exchange operating under stringent regulatory scrutiny cannot easily overlock.

PI Network缺乏開源代碼，未剝削的智能合同功能以及基於推薦的礦業模型（已與金字塔方案進行了比較），這是一個在嚴格的監管審查下運行的交換問題，無法輕易覆蓋。

Moreover, the selection of tokens like BANANAS31 and KOMA, while some might perceive them as less serious contenders, highlights Binance’s focus on ecosystem compatibility.

此外，選擇像Bananas31和Koma這樣的令牌，而有些人可能認為它們是不太認真的競爭者，但強調了Binance對生態系統兼容性的關注。

These tokens are natively built on BSC and meet all technical requirements set forth by the campaign.

這些令牌是基於BSC的本地建立的，並滿足了活動規定的所有技術要求。

Ultimately, the decision to exclude PI coin was not a matter of bias but a straightforward adherence to predefined criteria.

最終，排除PI硬幣的決定不是偏見問題，而是直接遵守預定義的標準。

Pi Network supporters’ failure to acknowledge these technicalities has led to misplaced blame on Binance for the listing outcome.

PI Network支持者未能承認這些技術，導致對列表結果的歸咎於歸咎。

At present, Pi Network’s structural and operational shortcomings preclude its participation in certain initiatives, such as the “Vote to List” campaign.

目前，PI Network的結構和運營缺點排除了其參與某些計劃的參與，例如“投票列出”活動。

The responsibility lies with Pi Network to address these issues and align with the broader cryptocurrency ecosystem’s evolving expectations and requirements.

責任在於PI網絡解決這些問題並與更廣泛的加密貨幣生態系統不斷發展的期望和要求保持一致。