Recent Listing and Price Movement
Pi Network has secured a major listing on BTCC Exchange, sparking optimism among investors. The Pi Coin price surged over 1% to $0.7184, with a 24-hour high of $0.7535 and a low of $0.6806. Despite this gain, the crypto has lost over 22% in the last seven days and 60% in the monthly frame ¹.
Binance Listing Hopes Dashed
However, hopes for a Binance listing were dashed for the second time, with the exchange excluding Pi Network from its Vote to List initiative. This decision was due to Pi Network not being BNB-based and transparency issues with the PiCoreTeam. The token's value dropped to $0.647051, representing a 76% decline from its all-time high ².
PiFest and Real-World Utility
Pi Network celebrated its first PiFest, showcasing impressive participation numbers with over 125,000 registered sellers and 1.8 million active users. Despite this success, Pi Coin's value continues to plummet, trading 78.7% below its peak. The community remains divided, with some considering selling PI for more established assets like Ethereum ³.
Future Prospects
Analysts predict a potential price rally to $1, citing a
[03/04, 11:25 pm] Meta AI: Pi Coin news is buzzing with recent developments.
Recent Listing and Price Movement
Pi Network has secured a major listing on BTCC Exchange, sparking optimism among investors. The Pi Coin price surged over 1% to $0.7184, with a 24-hour high of $0.7535 and a low of $0.6806. Despite this gain, the crypto has lost over 22% in the last seven days and 60% in the monthly frame ¹.
Binance Listing Hopes Dashed
However, hopes for a Binance listing were dashed for the second time, with the exchange excluding Pi Network from its Vote to List initiative. This decision was due to Pi Network not being BNB-based and transparency issues with the PiCoreTeam. The token's value dropped to $0.647051, representing a 76% decline from its all-time high ².
PiFest and Real-World Utility
Pi Network celebrated its first PiFest, showcasing impressive participation numbers with over 125,000 registered sellers and 1.8 million active users. Despite this success, Pi Coin's value continues to plummet, trading 78.7% below its peak. The community remains divided, with some considering selling PI for more established assets like Ethereum ³.
Future Prospects
Analysts predict a potential price rally to $1, citing a bullish outlook and a possible recovery in April due to lower token unlocks. However, market experts also warn of a potential dip to $0.64 in April. Key factors to watch include ¹ ²:
- *Token unlocks*: Lower unlocks in April may help stabilize the price.
- *Market trends*: Broader market volatility could impact Pi Coin's price.
- *Exchange listings*: Future listings on major exchanges could boost investor confidence.
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