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Why a Binance Listing Could Be a Turning Point for Pi Network

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by Giorgi Kostiuk

a day ago


Pi Network stands at a significant crossroads after a steep downturn in March. While Stellar (XLM) aims to hold its ground at key support levels, BlockDAG showcases robust progress with its expanding user base.

Current Situation of Pi Network

Pi Network's price fell by over 65% in March, sliding to $0.83 due to the lack of a major exchange listing. Even with 80% of its community voting for a Binance listing, no actions have been taken, frustrating the community. A potential April listing on Binance coupled with market recovery could lead to an increase in Pi’s value.

Stellar (XLM) Price Outlook

Stellar (XLM) is at a crucial juncture, trading near $0.286 as traders watch whether it can sustain the $0.28 support level. Should XLM fail to hold this level, its price might descend to $0.236. Although XLM remains above the 200-day EMA, the drop in trading volume signals market uncertainty.

BlockDAG's Success and Future Prospects

BlockDAG announced at its Third Keynote that its X1 Miner app now has over 800,000 active users worldwide. This user growth is a critical driver for potential token price increases. Unlike other projects that rely on speculative interest, BlockDAG is experiencing real user engagement, reinforcing its growth prospects.

Pi and XLM are poised for significant changes, awaiting key developments, but BlockDAG already demonstrates its advantage by actively engaging users.

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