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Cryptocurrency News Articles
Binance.com Will List Pi Coin (PI) Following 86% Support From Community Vote
Mar 01, 2025 at 07:00 am
This is a major step toward making Pi Network's digital currency available for trading on Binance. Despite challenges in the crypto market, Pi Coin is gaining attention.
Binance recently held a community vote on whether to add Pi Coin to its platform. The results showed that a whopping 86% of users supported the listing.
This is a major step toward making Pi Network’s digital currency available for trading on Binance. Despite challenges in the crypto market, Pi Coin is gaining attention. Many supporters believe that being listed on Binance could boost its credibility and also increase its value.
Pi Coin Receives 86% Support In Binance Vote
On Friday, Binance started a community survey to check user interest in the listing of Pi Coin. The response was massive, with 86% of nearly 295,000 participants voting in favor of the listing. The vote, which ran from February 17 to 27, allowed users to share their opinions on listing the coin.
This strong backing just shows the rising demand for Pi Coin. However, Binance also clarified that the poll alone does not completely guarantee a listing, and the final decision will undergo a strict review process.
The final results showed 86% in favor and 14% against, which leads to speculation that Binance might or might not take steps toward listing.
While the vote concluded with 294,957 responses, only those meeting regional and platform rules will count. With 250 million users, about 0.12% of Binance’s community participated in the poll.
Pi Network, the project behind Pi Coin, has grown significantly, attracting over 60 million active users. A potential listing on Binance could boost its adoption, improve liquidity, and increase stability.
However, despite the excitement, Pi Coin’s price has dropped, currently trading at $2.15 after falling by nearly 20%. Its daily trading volume has also declined by 53% to $1.68 billion.
The dip follows the global market downturn, though the coin has still gained about 230% over the past week and recently hit an all-time high of $2.99. Many investors may have taken profits after the surge.
In all of this, many remain very optimistic about its future. Analyst Max Pavlov predicts that if bullish momentum continues, Pi Coin could reach $3.50, but if selling pressure increases, it might fall to $2.05.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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