Pi Coin ($PI) has officially been listed on Swapfone exchange, starting trading on July 22. The listing is accompanied by an airdrop campaign.
About the New Listing of Pi Coin
Swapfone has announced the listing of Pi Coin ($PI), with trading scheduled to start on July 22 at 14:00 UTC. The new trading pair will be $PI/$USDS. To celebrate this listing, the exchange is conducting a campaign where 10 users will receive 200 Pi tokens each.
Reasons for Pi Coin's Stagnation
Despite the positive news of the listing, Pi Coin's price remains below $0.50. Over the last week, Pi Coin has only recorded a 6% gain, significantly lagging behind other altcoins in the current crypto market rally. Experts suggest the stagnation may be due to growing community frustration over the lack of anticipated listings on major exchanges like Binance and Coinbase.
Future of Pi Coin
On a macro level, crypto sentiment remains bullish, with Ethereum showing significant gains. Additionally, Binance previously polled its users about a potential $PI listing, and 90% responded positively. This suggests that Pi Coin still has strong community support.
In conclusion, despite positive changes in listings and community support, Pi Coin remains stagnant, raising concerns among long-term holders.
