binance's "vote to list" campaign returns for a second round, featuring 12 new tokens vying for a listing. however, pi network (pi) is notably absent once again.
Binance's second "Vote to List" initiative allows users to select their top 12 choices from a pool of 18 nominated projects. The winners, determined by a 48-hour voting period, will be listed on the exchange. This round, however, excludes PI.
This omission has disappointed the Pi Network community, who had hoped for inclusion. The current contenders include VIRTUAL, BIGTIME, UXLINK, MORPHO, ZETA, and ONDR, all known for their practical applications.
?Round 2 of "Vote to List" is LIVE!? Which tokens will be decided by a snap of the fingers? Which projects will earn the title of the best new project? As always, we're putting the power in your hands. Vote now and choose the 12 projects you most want to see listed on Binance. Projects are open for voting for 48 hours. Vote now: https://www.php.cn/link/2297ae3a852fa1d5e662bbed474f97d5 pic.twitter.com/LXX7YFjM88 — Binance (@binance) February 14, 2024
Binance's decision stems from a focus on BNB Chain-based tokens for this campaign. Pi Network, operating on its own blockchain, doesn't meet this criterion. This integration is deemed crucial for seamless functionality within the Binance ecosystem. This aligns with Binance's broader strategy of supporting BNB Chain development.
This highlights the challenges crypto projects face securing listings on major exchanges, which prioritize security, compatibility, and long-term project stability. The selected projects in this round showcase strong community engagement and unique value propositions.
The voting process is generating significant excitement within the crypto community. Meanwhile, PI's price recently experienced a significant 18.84% drop to $0.5520, its lowest point in weeks. Despite this, trading volume surged, suggesting continued interest. The market capitalization has fallen to $3.75 billion, partly attributed to the upcoming release of 126.6 million new tokens this month, impacting the circulating supply and price.
This article originally appeared on iHoDL.com.
