Will Pi Coin Crash and Burn?
Binance, that crypto playground for the morally flexible, has decided to let the people decide the fate of Pi Network, that blockchain project everyone’s talking about (mostly because they’re hoping it’ll make them rich). They’ve launched a community vote – because what’s more democratic than 2 million people arguing about whether or not some random crypto should be listed on an already-sketchy exchange?
The vote started on February 17, 2025, at 14:45 (UTC), which sounds like a time invented purely to confuse people outside of Europe. It runs until February 27, 2025, at 23:59 (UTC), which is basically just a fancy way of saying “we’re not saying when it ends, just that it will.”
To participate, you need to be logged into your verified Binance account and have at least 5 USD worth of assets in your wallet. Apparently, they don’t want to hear from anyone who’s holding pennies and dreams. If your balance drops below that threshold, your vote is useless, which is probably for the best. You wouldn’t want your vote to be influenced by, say, buying a pizza 🍕.
At the time of writing, a whopping 86% of people voted “Yes” to Pi Coin being listed on Binance. The other 14% are probably the ones who actually understand how crypto works. There have been 7,000 comments and 4,700 shares, which is a lot of digital hand-wringing.
But don’t get too excited. Binance has made it very clear that this vote is just for “show,” and they could list Pi Coin, not list Pi Coin, or even just list a slightly different version of Pi Coin. They’re the ones calling the shots, not you.
And speaking of calling the shots, Pi Network’s IOU price has been bouncing around like a confused puppy. Some people are betting it’ll go to $50-$75, others are saying it’ll be a total flop. Honestly, who knows? It’s crypto, anything can happen.
Just remember: when it comes to crypto, the only guaranteed outcome is that someone will be richer, and it probably won’t be you.
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2025-02-18 02:25