The PI Network token has not only bounced back from recent lows, but it has also surpassed major cryptocurrencies like BTC and XRP in daily gains. Analysts predict further growth, and market participants are anticipating news of listings on Binance and other platforms.
PI Outperforms the Leaders
The PI Network token was launched on February 20 and has since experienced significant volatility. On the launch day, the price reached $1.80, but soon dropped below $0.65. By the end of February, the price hit a new all-time high of nearly $3. In March, there was a dip below $1.30, but according to CoinGecko, the price rebounded to $1.70, marking a 15% increase for that day. While Bitcoin rose by only 2% and Ripple by 3%, PI significantly outperformed both.
The Approaching Pi Day
On March 14, Pi Network will celebrate its sixth anniversary. The date also symbolizes the mathematical constant π (pi), approximately 3.14. Recently, rumors have intensified that Binance might list PI on that day. In February, the largest crypto exchange held a community vote where 86% voted for listing PI, but it remains unavailable on the platform. A potential listing on Binance could increase the token's liquidity and accessibility, potentially leading to an increase in its value.
Listing Rumors and Exchange Reactions
US exchange Gemini might also follow suit. This week, the company prepared the community for big news set to be announced on March 13, with many speculating about the possible listing of PI. Among the recognized exchanges that have already embraced PI Network's native token are Bitget, Gate.io, MEXC, and OKX.
PI Network is showing impressive growth, attracting significant attention from the crypto community. Potential listings on major exchanges could greatly enhance the token's position and influence its future development.
