Well, well, well! It seems the Pi coin price is strutting its stuff in the limelight this week, as the mainnet launch is set to take place, followed by a parade of exchange listings. The grandest of them all? Binance, the heavyweight champion of cryptocurrency exchanges, is holding a voting poll to decide if it should list this shiny new token. So, the burning question remains: how high can Pi soar after this listing? 🚀
Binance Pi Network Voting Poll is Underway
Binance has thrown open the gates for a community poll to determine if it should welcome the Pi Network into its hallowed halls. This viral tap-to-earn token is making waves, and if you’ve got at least $5 in your Binance account, you can cast your vote until September 27. 🗳️
Now, while the poll’s closing date is still a stretch away, early indications show that a whopping 85% of users are waving their flags in support of the listing, while a mere 15% are throwing tomatoes from the sidelines. With over 4 million views and 12.7k comments, it’s clear this coin has captured the public’s fancy! 🎉
Supporters in the comments section are singing praises, claiming Pi Network is a genuine project with a treasure trove of potential. Meanwhile, the naysayers are quick to label it a scam. In a note that could make a cat laugh, a popular analyst told Coingape:
“A Binance listing would be a big deal for the Pi Network because of its scale. Binance is the biggest player in the crypto industry, with millions of users and billions of daily volume.”
Big Exchanges Have Confirmed Pi Listing
It seems the big boys of crypto exchanges are lining up to list Pi Network when the mainnet launches this week. OKX was the first to roll out the welcome mat, and others like HTX, Gate.io, and MEXC are joining the party. 🎊
However, not everyone is on board the Pi train. Bybit, a major exchange that handles over $5.5 billion in volume in the last 24 hours, has decided to sit this one out. And as for Coinbase and Kraken? Well, they’re still playing hard to get. 😏
How High Can Pi Coin Price Rise After Binance Listing
Now, predicting the Pi coin price after the Binance listing is akin to trying to catch smoke with your bare hands. The details of the listing are still shrouded in mystery, and since the Binance listing will occur days after the mainnet launch, the market participants will have already priced it in. 🧐
The Pi Network price IoU offered by BitMart surged to $200 after the mainnet launch was confirmed last week, only to crash down to $70, as if investors were playing a game of hot potato waiting for the real deal on February 20. It even dipped below the key support at $88.65, which was its highest swing in October and November last year. 📉
But fear not! Pi coin is still above the 100-day Exponential Moving Average (EMA), suggesting a rebound might be on the horizon. If it does, keep your eyes peeled for an initial target at $136.30, the highest swing in March 2024. A break above that level could lead to more gains, possibly reaching this month’s high of $200. 💸
On the flip side, if the Pi Network token takes a nosedive below the 50-day moving average, it could plummet to the support level at $33.82. Now, wouldn’t that be a sight for sore eyes? 😬
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2025-02-18 18:15