The crypto market is facing challenges, but Pi Network Coin stands out with significant attention following a Binance poll, where 86% voted for its listing.
Strong Community Support for Pi Coin
On February 17, Binance conducted a poll asking users about listing Pi Coin. Nearly 295,000 participants voted, with 86% supporting the idea. However, Binance clarified that the vote serves as guidance and that the final decision will depend on a thorough review process.
Pi Network’s Rapid Growth
In recent months, Pi Network has gained traction for its innovative approach to solving Bitcoin's mining challenges. The project now boasts over 60 million active users and a strong social media presence with 3.7 million followers on X, making it the fifth-largest cryptocurrency by following.
Pi Coin’s Price Drops Amid Market Crash
Despite the buzz about a potential listing, Pi Coin's price has fallen amidst a broader market downturn. It is currently trading at around $2.40, down 11%. However, history shows that cryptocurrencies often experience significant price surges when listed on Binance.
Community support and anticipated events like Pi Day 2024 sustain significant interest in Pi Network. A potential Binance listing could be a key step for its further development.
