Recent discussions on Pi Network's token restoration have stirred speculations regarding Pi Coin's potential listing on Coinbase, exciting investors.
Excitement around Pi Day and Coinbase
Coinbase's Chief Legal Officer, Paul Grewal, has incited excitement among crypto enthusiasts with a tweet hinting at the potential listing of Pi Coin on the exchange. His tweet on the x platform during Pi Day featured an image of pies with the Pi logo, sparking numerous speculations among investors. Despite these rumors, Pi Coin's price still mirrors the broader cryptocurrency market's downward volatility.
Pi Network Tokens Restoration
The Pi Network recently faced user anxieties due to observed reductions in transferable Pi token balances. In response, the network took steps to restore these balances. A significant price increase of 30.37% for Pi Coin is projected in March 2025 due to these efforts. Despite this, the Fear & Greed Index remains at 32, suggesting a bearish sentiment among investors.
Future of Pi Network
Pi Coin is under scrutiny and support from the crypto community, especially after Bybit's CEO publicly opposed its listing. However, a Binance Square survey shows strong user demand for Pi Coin on Binance, with 86% supporting its integration into mainstream trading platforms.
While Pi Coin faces both support and skepticism within the crypto community, interest remains high. Speculations about a potential Coinbase listing could play a significant role in its future development.
