{"id":9847,"date":"2025-03-21T14:12:53","date_gmt":"2025-03-21T14:12:53","guid":{"rendered":"https:\/\/icobench.com\/?p=9847"},"modified":"2025-03-21T14:12:53","modified_gmt":"2025-03-21T14:12:53","slug":"pi-network-crashes-below-0-9-as-binance-refuses-listing-best-altcoins-to-buy-instead","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/pi-network-crashes-below-0-9-as-binance-refuses-listing-best-altcoins-to-buy-instead\/","title":{"rendered":"Pi Network Crashes Below $0.9 as Binance Refuses Listing \u2013 Best Altcoins to Buy Instead"},"content":{"rendered":"
Pi Network (PI), once touted as the mobile miner\u2019s dream, has just plunged below the $0.9 mark after Binance\u2019s token listing rejection. The decision comes as a massive blow to the project, especially considering its rapid rise following the February 20 Open Mainnet launch.\u00a0<\/span><\/p>\n Binance\u2019s refusal, rooted in concerns about Pi Network\u2019s transparency and operational limitations, has sparked widespread investor panic, causing PI to shed a quarter of its value in the past 24 hours.<\/span><\/p>\n The drop mirrors a broader downtrend in the crypto market, with the global market cap dipping 3.86% in the last 24 hours. Despite the downturn, investors are still on the hunt for quality opportunities.\u00a0<\/span><\/p>\n With trust in top altcoins like PI shaken, the focus is shifting to promising presale tokens offering fresh utility. In this article, we\u2019ll analyze the reasons behind Pi Network\u2019s decline and highlight two new altcoins in presale that could offer strong upside potential.<\/span><\/p>\n Pi Network is a mobile-based cryptocurrency platform that allows users to mine tokens through a mobile app, without heavy energy usage. Following years of anticipation, its native token PI was officially listed for trading after the project launched its Open Mainnet on February 20, 2025.<\/span><\/p>\n Initially, the token saw strong momentum, opening at $1.70 and surging to an all-time high of $2.99 on February 26. That marked a 75% increase in just six days. However, since then, PI has plummeted to $0.87, marking a 51.3% drop in just two weeks and a staggering 25.7% crash in the last 24 hours alone.<\/span><\/p>\n The steep decline is largely attributed to Binance\u2019s decision to not list the PI token. <\/span>Binance pointed<\/span><\/a> to the project\u2019s enclosed mainnet structure, which restricts users from freely transferring tokens or verifying supply data. Additionally, the lack of publicly available governance details and technical documentation raised red flags.<\/span><\/p>\nPi Network\u2019s Price Crash Explained<\/span><\/h2>\n
<\/p>\n