自Open Mainnet发布以来，PI Network（PI）加密货币价格下跌了28％，降至每日低于$ 0.856

自2025年2月20日，PI Network的本地加密货币Pi Coin自开放的Mainnet发射以来，它一直经历了显着波动。

(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日开放的Mainnet发布以来，PI Network的本地加密货币Pi Coin已经看到了很多起伏。

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美元的价格上市，在交易的第一个小时内飙升了35％以上，达到2.10美元，然后在几个小时内下跌至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.

这种疯狂的价格行动使Pi Coin几乎失去了所有早期收益，并让投资者和发烧友质疑代币的下一步。

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

在这种动荡之中，人们对PI Network在主要交易所上列出的加密货币的猜测迅速增长​​，尤其是关于Binance的“投票列出”运动。

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后面集会，该硬币在2月27日关闭时获得了约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.

对于许多用户而言，这种压倒性的投票率似乎是在世界上最大的加密货币交易所上市的清单中很好的兆头。但是随着结果的推出，决赛列表中的Pi硬币显然不存在，因此反弹开始了。

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

愤怒的帖子淹没了X（以前是Twitter），指责偏见和虚伪，以选择像Bananas31和Koma之类的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，仔细研究了广告系列的要求以及PI网络的局限性，这表明了真正的原因在于Pi粉丝选择忽略的简单技术。

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.

尽管PI网络支持者的热情显而易见，他们在Binance的“投票列出”活动中授予Pi Coin令人印象深刻的86-88％的批准，但代币最终并没有削减交易所上市。

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.

这一结果引起了PI网络爱好者的沮丧，他们认为社区的压倒性支持应该足以确保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.

许多用户上了X（以前是Twitter），表达了他们对Binance的失望和愤怒，据称违反了其诺言，该诺言是根据大众投票列出令牌的承诺。

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，仔细研究了该活动的规定，表明社区投票是咨询的，不会覆盖交易所的内部程序。

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”广告活动是在特定技术要求下运作的，其中主要是必须在BNB Smart Chain（BSC）上构建参与项目。

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

但是，PI网络在其专有区块链上发挥作用，使其与此特定活动不相容。

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.

尽管令牌广泛的受欢迎程度，这在高批准率中显而易见，并且Pi Coin在所有上市项目中获得了最多的选票，但其与BSC的基本不相容性是取消其资格的基本不相容性。

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.

技术规定优先于社区情绪，该交流一直坚持认为，列出令牌的最终决定是基于全面的内部审查过程。

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

该评估考虑了诸如安全性，流动性，法规合规性以及与Binance生态系统的战略一致性等因素。

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缺乏开源代码，未剥削的智能合同功能以及基于推荐的矿业模型（已与金字塔方案进行了比较），这是一个在严格的监管审查下运行的交换问题，无法轻易覆盖。

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，选择像Bananas31和Koma这样的令牌，而有些人可能认为它们是不太认真的竞争者，但强调了Binance对生态系统兼容性的关注。

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

这些令牌是基于BSC的本地建立的，并满足了活动规定的所有技术要求。

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

最终，排除PI硬币的决定不是偏见问题，而是直接遵守预定义的标准。

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

PI Network支持者未能承认这些技术，导致对列表结果的归咎于归咎。

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的结构和运营缺点排除了其参与某些计划的参与，例如“投票列出”活动。

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

责任在于PI网络解决这些问题并与更广泛的加密货币生态系统不断发展的期望和要求保持一致。