The cryptocurrency market remains volatile, with Pi Network Coin (PI) experiencing significant price swings. Following its Open Mainnet launch, Pi Coin skyrocketed 400%, briefly touching $3.00 before retracing. Now, with 86% of Binance voters supporting its listing, all eyes are on March 14—Pi Day. If Binance approves the listing, how will this impact PI’s price? Let's dive into the latest market trends and predictions.
Pi Network Coin (PI) dropped by 11% to $2.48 in the past 24 hours, following a post-listing peak of $3.00. The broader crypto market, including Bitcoin and Ethereum, faces pressure from Donald Trump’s tariff policies, regulatory concerns, and the recent $1.5 billion Bybit hack. Despite the sell-off, Pi Coin remains a trending cryptocurrency, with growing popularity among traders and investors anticipating its Binance listing.
Following its Open Mainnet launch, Pi Coin skyrocketed 400%, hitting a post-listing high of $3.00 before retracing. On February 22 alone, the coin saw a 75.50% spike, demonstrating its extreme volatility and strong investor interest.
“Despite recent market declines, Pi Coin remains a hot topic among traders, with many anticipating its Binance listing.”
A recent Binance Square vote indicated strong support for Pi Coin’s listing, with 86% of nearly 295,000 participants voting in favor. However, Binance clarified that the poll result alone does not guarantee a listing, as PI must pass Binance’s rigorous review process.
Binance stated: “We respect the vote results, but they are just for guidance. The decision depends on our official checks and standards.”
Although the listing is not confirmed, the overwhelming support has fueled speculation that Binance might announce its decision soon.
Pi Network is rapidly gaining traction, with over 60 million active users and a strong social media following of 3.7 million on X (formerly Twitter). Currently, Pi Network ranks as the fifth-largest cryptocurrency by social media engagement.
With such a massive user base, a Binance listing could introduce PI to institutional investors and increase mainstream adoption.
Historically, Binance listings trigger price surges for cryptocurrencies. If Pi Coin gets listed, it could rally toward $3.00 or higher. However, if Binance delays or rejects the listing, PI could face further downside, potentially testing the $2.20 support level or even dropping to $1.72.
Source: TradingView
The Binance community vote ended with 294,957 participants, but only eligible votes will be counted. With Binance having over 250 million users, only 0.12% of its user base participated, meaning the final decision rests on Binance’s internal review process.
With Pi Day approaching on March 14, speculation is growing that Binance might make an announcement. Pi Day is a significant date for the Pi Network community, as the project was launched on this day in 2019. If Binance lists Pi Coin on this symbolic date, it could generate major market buzz and drive PI’s price higher.
However, Binance has not provided any official confirmation regarding the listing date. While community support is strong, the final decision will depend on Binance’s compliance and listing review process
The next few weeks will be crucial for Pi Coin’s trajectory. If Binance announces a listing by March 14, PI could experience a major rally, potentially surpassing the $3.00-$5.00 range. However, if no listing is announced, PI may remain under selling pressure.
With a strong community backing and increasing market traction, Pi Coin has substantial growth potential. Will Binance list Pi Coin on Pi Day? The crypto world eagerly awaits the decision.
Also read: Why Is Bitcoin Crashing? Key Reasons Behind BTC’s Sharp DeclineLokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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