How High Would Pi Network Price Go If Pi Coin Adopts Transparency to Avoid Mantra Pitfalls
The post How High Would Pi Network Price Go If Pi Coin Adopts Transparency to Avoid Mantra Pitfalls appeared on BitcoinEthereumNews.com.
Pi Network price is under heavy selling pressure today, April 16, as the community draws similarities between the project and the recent wrangles around Mantra (OM). The Pi Coin community now believes that the project can only avoid a similar fate by adopting transparency, which would secure listings on major exchanges like Binance and Coinbase. If this happens, how high would the Pi Network token rally? Pi Network Price Prediction As Community Demands Transparency Dr Altcoin, one of the most vocal members of the Pi Coin community has demanded that the project adopt transparency to avoid following the same path as Mantra. In an X post, he stated, “It serves as a HUGE lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet… One thing is clear about the PTC, they are not transparent.” Dr Altcoin’s remarks come after another user noted that there have been no major developments in the Pi Network ecosystem since the Pi Open mainnet launch. This lack of transparency has hindered top exchanges like Binance and Coinbase from listing the token and driving a Pi Network price rally. These exchanges require access to an auditable mainnet to assess factors such as liquidity and decentralization before listing a token. Additionally, the community has previously expressed concerns about Pi Coin tokenomics. Data from Pi Explorer shows that the top 3 wallets belong to the Pi Coin team, and they hold more than 67 billion PI tokens, which is more than half of the maximum supply of 100 billion. Pi Token Distribution Therefore, if the Pi Network team can address these concerns and embrace transparency, increased investor confidence may push the price to a new record high of $3. Listings on top exchanges might also accelerate this uptrend and prevent the…
Filed under: News - @ April 16, 2025 7:23 am