Pi Coin (PI) Price Continues to Fall Despite the Broader Crypto Market Resting in the Green

Pi Coin (PI) price has continued to fall due to the absence of any positive catalyst despite the broader crypto market resting in the green. The Pi Network community has blamed the delay in Binance listing as one of the prime reasons

Pi Coin price continues to fall despite the broader crypto market trading in green on Thursday morning. The absence of any positive catalyst has contributed to the downturn momentum in the asset.

As the Pi Network community continues to await the Binance listing, some community members believe that the delay could be a strategic win for the token’s long-term growth.

Most crypto tokens tend to experience massive price dumps and volatility after they get listed on major exchanges like Binance. This harms long-term holders and attracts short-term traders, leading to a vicious cycle of price manipulation.

However, Pi Network is deferring its Binance debut to keep the focus on real-world utility rather than price speculation, a recent post by Pi-focused X account PiNewsLast24Hrs pointed out.

"Instead of a sudden influx of traders, merchants are integrating Pi, and users are testing the beta of the Pi Network's in-app purchases," the post further stated.

Highlighting the benefits of the persistent delay in listing on Binance, the post further explained that this will help the team to manage tokenomics better.

"Without a major exchange listing, Pi can manage its circulating supply more efficiently. This prevents early whales from accumulating large volumes and manipulating the market later."

Moreover, the ecosystem is currently centered around merchant adoption and use cases. This helps Pi Network avoid becoming another pump-and-dump target.

In addition, the delay gives the team tighter control over tokenomics. Without a major exchange listing, Pi can manage its circulating supply more efficiently. This prevents early whales from accumulating large volumes and later manipulating the market.

Meanwhile, the post also mentioned that the team is working to build a closed ecosystem where users can actually spend the token. From in-app purchases to future decentralized apps and payment use cases, the goal is to create actual demand. This foundation could lead to stronger price action once Pi lists on major platforms.

"The burning question on everyone's lips: why is Binance listing taking so long? Well, it seems like they're in no rush, and neither should we. Our long-term vision is best served by delaying this milestone," the post concluded.

However, another X user expressed concern over the token’s price action. The user said that the token price continues to decline despite the broader market showing strength.

"Most crypto is in the green today, but not Pi. It's down over 3% in the last 24 hours and continues to hover in the $0.56-$0.6087 price range," the user wrote in a post on Thursday.

Notably, the token price has been slipping in recent days after it reached a high of $0.64 on Monday.

While the community is eagerly awaiting the Binance listing, it appears that we'll have to wait a bit longer. A recent report highlighted when the Pi price may continue to move towards the north.

As always, investors should exercise due diligence while putting their bets into the asset. Besides, a recent Pi price prediction also showed that currently the bears are dominating and the value may fall to as low as $0.54 through next month.