Pi Coin has recently experienced a significant decline, raising questions about its future movement in the cryptocurrency market. This article examines the key events and their impact on the coin’s price dynamics.
Current Price Levels of Pi Coin
Pi Coin is trading at around $1.16, below the resistance level of $1.20. The coming days could be crucial for the coin's price movement. Possible scenarios include a rise to $1.40 or a drop to $1.05–$1.02.
Binance’s Decision and Its Impact
Binance excluded Pi Network from its 'Vote to List' campaign, which is focused on BNB Smart Chain projects, limiting Pi Coin's chances for listing on a major platform.
The Future of Pi Coin: Expectations and Risks
Exclusion from Binance’s campaign threatens Pi Coin's plans for mainstream listing. However, hopes for growth remain if critical resistance levels are overcome. The question is whether Pi Coin can gain the support of major platforms.
Pi Coin is at a critical point in its market development. Despite current challenges with Binance, there are prospects for growth, but significant technical and market barriers need to be overcome.
