Pi Coin Listing on Pi Day? Binance & Coinbase Hype Builds

  • Binance and Coinbase crypto exchanges may list Pi Coin on March 14.
  • Listing on top exchanges could make or mar Pi Coin’s value potential.
  • Pi Coin has performed well since it launched, showing notable adoption levels.

The speculation surrounding the potential listing of Pi cryptocurrency on top crypto exchanges has risen to new heights. Many crypto community members feel the team behind the project could drop an announcement about that on Pi Day, March 14. 

Heightening such speculations, well-known market analyst Kim H Wong believes Pi will list on Binance, Coinbase, and other big-name platforms. He points to the Pi Network team’s work to make that happen. 

Wong highlighted Pi’s real-world uses and the cryptocurrency’s huge community support as what’s pushing the project’s momentum.

Pi Network User Base: Massive, Even Early On

Looking at the user base, the Pi Network has shown some crazy numbers even though it’s still in the early stages. For example, it’s reported that users have downloaded the Pi Network app over 150 million times. 

The network also boasts more than 65 million active users. The crypto project’s social media game is getting stronger, reaching a milestone of four million followers on X.

Listing on Big Exchanges: Game Changer for Pi?

It is worth noting that Pi has been listed on a couple of centralized exchanges, although it has yet to make it into A-list crypto platforms. However, analysts believe that listing Pi on top crypto exchanges like Binance and Coinbase could significantly affect its value. From a crypto market perspective, such listings usually trigger dynamism in the network’s ecosystem.

Bull Case: More Users, Higher Demand

From a bullish perspective, listing on Binance and Coinbase crypto exchanges opens the door for more crypto users to get their hands on Pi coin. 

Related:  Pi Coin 40% Surge: Binance Listing Fuels $4 Price Target Talk

It could really boost the crypto’s demand, especially if more people decide to buy it at its market value once it’s listed.

Bear Case: Early Investors Cashing Out?

In contrast, such listings could also provide an opportunity for early adopters holding Pi from the time of its previous airdrops and token distribution to cash in. Top exchanges like Binance and Coinbase provide extensive liquidity, making it easy to sell cryptos. 

Related:  Pi Network Price Plunge: What’s With the Pi Coin’s Wild Price Swings?

Hence, speculations surrounding Pi continue, with users not yet sure about the network team’s next move and the potential effect of such decisions on the cryptocurrency’s value.

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Source: https://coinedition.com/pi-coin-listing-speculation-binance-coinbase-buzz-builds-ahead-of-pi-day-march-14th/