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The Pi Network token, also known as Pi coin, has gained traction because of rumors of a Binance listing, the largest international cryptocurrency exchange. Though Pi coin shares with Binance in the presence of smaller platforms such as Bitget, OKX, and MEXC, none of the exchanges are as far-reaching and have as much trading volume as Binance itself. Having an opportunity to hold Pi coin, Binance will expose millions of new investors to this coin, which will likely cause a significant increase in price.
Traditionally, tokens listed on Binance tend to experience a massive price burst. According to reports from 2023, new listed coins increased approximately 41 percent in the first 24 hours of Binance listing and settled around 25 to 30 percent gains in three days.
Pi coin is currently trading at about $0.52. When the token is listed on Binance and has a 40 percent jump in pricing, it will go up to about $0.72, as opposed to the previous $2.98 high. Other researchers believe the coin will rise even faster, estimating that Pi coin would hit between $3 and $5 in a few days, possibly reaching higher figures depending on how the traders catch on.
Regardless of such projections, there are risks. There is a possibility of a price plunge of up to 30 percent as existing holders may sell large blocks of stocks soon after listings. The periods of early trading might also be influenced by market volatility and liquidity. Nevertheless, if the Pi Network community is active and the project is innovative enough, the price of the token may rise again and sustain its growth trend.
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Specific projections have indicated that the Pi coin may exceed $100 by 2030. These expectations depend on aspects such as regulatory clarity, circulating supply management, and the evolution of real-world applications. Today, there are 100 billion Pi tokens in circulation, of which about 7 billion will form part of the price action in the future.
The community supports a Binance listing. Of the more than 290,000 verified voters, 86 percent voted in a February vote to list the brand. Though there is no confirmation that Binance will list Pi coin any time soon, the possibility is one of the most important events.
