The Pi Network community is astonished because the leading crypto currency exchanges do not list this asset. In the expert opinion, the basis of this situation lies in the lack of transparency of Pi Core Team. Crypto Analyst Altcoin says the uncertainties in the Pi Network tokenomic structure affect the decisions of the stock exchanges.
Pi Coin’s minus aspects
Dr. Altcoin said that Pi Core Team did not provide enough information about locking and burning mechanisms. Uncertainty in tokenomic data is a very important problem as it can cause confidence problems in the crypto market. This issue has been on the agenda since its first days.
Dr. Altcoin: “The Pi Coin Core team is not transparent enough about locking and burning mechanism.”
Pi Coin supply and market reactions
According to analyzes, Pi Network’s circulating coin decreased to 6.77 billion. In addition, approximately 10 million coins is withdrawn from circulation and price control is aimed.
Dr. Altcoin: “Lack of transparency may cause the transaction to be perceived as market manipulation.”
In the community, there are different opinions, some members say that the delay is due to the fact that Pi Coin Coat Developer Ekinim does not prefer to pay to list the stock market. According to this view, the team takes slower steps in the hope of free listing.
Pi Network’s current transaction value was followed by approximately $ 1, while the previous record -level $ 2.98 dollars. This decrease is considered a situation that reflects the uncertainties in the market. Although it remains strong in volume, it is quite negative for new investors that the stock exchanges stand back to a large extent without listing it.
Developments show that uncertainties in the tokenomic structure and the price control strategies that are applied require closely monitoring by investors. This situation reveals the need for the relevant parties for explanations and regulations on the issue.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
