Crypto Drama Unfolds: Pi Network Shocks Fans by Not Getting Listed on Binance 😱

In Short, Darlings:

Our intrepid Pi Network teased their loyal following last week with the promise of a “momentous” announcement—sending crypto gossipers into overdrive about a possible Binance debut.
Binance who? In a shocking twist worthy of a mediocre West End matinee, the Pi gang instead unfurled a $100 million investment fund for startups. The token, predictably, collapsed faster than my patience at a poorly mixed cocktail party.

Disappointed Pi fans somewhere, probably.

The Long-Awaited Anti-Climax

Picture it: May 8, the X channel is positively throbbing with suspense, and 4.3 million hopefuls are hanging on to every ambiguous syllable. The rumor mill whirrs—Binance listing, backend deals, perhaps even an NFT of someone looking surprised. The feverish anticipation reaches a pitch not seen since everyone thought prosecco was out of stock at Waitrose.

But alas! Much like an elegant dinner party where the main course is toast, the truth is rather less appetizing for the hungry masses. The “big reveal” is not a Binance affair at all, but rather the christening of Pi Network Ventures: a $100 million fund in PI and USD, for ventures meant to advance the cause of, well, Pi… presumably to somewhere less embarrassing.

“Pi Network Ventures has officially launched—a $100 million initiative, held in Pi and USD, to invest in startups and businesses that advance the utility and real-world adoption of Pi. Go to the Pi mining app home screen to learn more.”
This strategic program intends to invest in…
— Pi Network (@PiCoreTeam) May 14, 2025

The denizens of the comments section, never ones for consensus, promptly split into two distinct tribes: the Devoted who labeled it “huge” and the Disenchanted, who complained it’s just another round of promises, with less substance than a low-fat soufflé.

Crash, Bang, Whoops

In a plot twist no self-respecting melodrama would dare to omit, the token’s price soared on the wings of hope (from $0.6 to $1.7—do try to keep up) only to nose-dive moments after the curtain rose on the anticlimactic truth. Crash landing under $0.9, the only thing plunging faster was the collective crypto morale.

Yes, darlings, we present: yet another grand example of “buy the rumor, sell the disappointment.” PI has swan-dived 28% in the last 24 hours, shedding half its value since Wednesday. Please, someone fetch the smelling salts, and perhaps a drink.

2025-05-15 11:02

The Long-Awaited Anti-Climax

Crash, Bang, Whoops

Read More