Since its launch on February 20, Pi Coin has been in the news as a result of its phenomenal rising price. It has been sending the crypto community to its knees by multiplying four times its value, reaching an all-time high (ATH) of $3.00 on February 26, which is a 75% hike in just a matter of 24 hours. As trading volumes shot up 223.50% to $237.24 million, investors are asking curiosity about Pi Coin as to what comes next.
The recent 400% surge in the price of Pi Coin helped capture the attention of both retail and institutional investors, especially with the top assets in the crypto space trending downwards, and Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP all in the red. Although this uptrend may perhaps have been ignited by rumors of a Binance listing for Pi Coin, prices may soar despite this speculation, carving the way for even better things ahead!
Pi Coin is already live on five major CEXs such as OKX, HTX, Bitget, MEXC, and Gate.io. Much of its trading takes place on OKX-it has ranked as one of the largest crypto exchanges while a Binance listing could be the next big deal that could trigger huge trading volume and expose Pi Coin to millions of users worldwide.
The crypto community is closely watching Binance’s latest poll on whether to list Pi Coin, which has already attracted millions of votes. With strong affirmative support, many experts believe Binance will soon approve Pi Coin’s listing, potentially triggering another significant price jump.
According to Coingabbar analysts, if Pi Coin lists on Binance, its price can rise above $5 very quickly. Also, the entry of Pi Coin to Binance can open doors for other exchanges like Coinbase, as well as Upbit, to list PI, expanding its market reach even more.
Pi Network is one of the most innovative cryptocurrency projects, aiming to become a widely used digital currency. Key highlights include:
100 million+ app downloads
65 million active users
19 million verified members
With this massive user base, Pi Coin is already among the top 10 cryptos by market cap (excluding stablecoins). The network’s continued expansion is adding pressure on major exchanges to list it, further solidifying its bullish outlook.
Based on the chart, PIUSDT has exhibited a strong parabolic move, with multiple price surges of over 70% in different phases. A breakout above $1.7215 triggered a significant rally, driving the price higher toward the $3.00 mark, where it has continued to consolidate. With the RSI approaching an overbought state but the bullishness still intact this may hint that there is still room for upward motion before some form of correction takes place.
Given the pattern, another parabolic leg could send PIUSDT towards the $5.00-$5.50 range, mirroring the previous 74% surge. However, if profit-taking occurs around $3.00, a temporary retracement towards $2.20-$1.70 may act as a support zone before another potential breakout.
Source: TradingView
Looking ahead, analysts predict that if Pi Coin becomes a widely used digital currency with real-world applications, its price could surpass $500 by 2030. However, the following key factors will determine its long-term success:
Exchange Listings: More major listings will enhance liquidity and adoption.
Real-World Use Cases: Increased adoption for payments and transactions.
Community Growth: Expanding user base and engagement.
For now, all eyes are on Binance. If the exchange officially lists Pi Coin, we could see an immediate price surge beyond $5, setting the stage for even higher valuations in the future.
The surge of Pi Coin by 400% has made it a serious contender in the cryptocurrency space. If Binance lists Pi Coin, a surge beyond $5 is likely. However, investors should remain cautious of market volatility and potential retracements before another breakout.
For now, all eyes are on Binance. If the listing is approved, Pi Coin’s next bull run may just be getting started. Stay tuned!
Also read: Bitcoin Price Crash: What’s Next for $BTC After Major Sell-Off?
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