Binance Poll on Pi Coin Sparks Massive Interest—Could It Compete with Bitcoin and XRP?

Binance’s poll on Pi Coin lately has attracted massive engagement, fueling speculation about a potential listing. Pi Network, a project developing for six years, could see a major shift in its market trajectory if the world’s largest exchange adds support.

Crypto exchange Binance has launched a poll asking users if Pi Coin should be listed on its platform. The response has been overwhelming, with over 770,000 views in the first three hours.

The voting, which offers a simple Yes or No choice, could directly influence Pi Coin’s chances of appearing on Binance.

Ahmed, an analyst from the YouTube channel YourPOP, highlighted the significance of the poll in a video.

“Binance stated that they want to hear from you — should Pi be launched on Binance? Vote now on Binance Square and share your thoughts,” he noted.

The outcome of the poll could play a role in shaping Pi’s market entry and adoption.

Pi Coin’s Market Potential

A listing on Binance could significantly impact Pi Coin’s demand and price activity. Ahmed believes that this move would drive interest in the token upon launch.

“This will definitely increase the demand for the token upon launch on Wednesday,” he stated.

Pi Network operates as a mobile-based mining platform, with millions of users mining Pi on their smartphones.

Ahmed also mentioned that the app allows users to earn Pi through a referral system that boosts mining speed by 25%.

As anticipation builds, the crypto community is closely watching how Pi Coin will perform once it enters the open market.

Pi Coin has been trading on speculative markets, with a volatile price history. On Crypto.com, its value was seen fluctuating around $139.92, though no official liquidity exists yet.

Ahmed pointed out that the token previously peaked at $237 before retreating.

Price predictions for Pi Coin’s launch vary widely. Some analysts are estimating a lower launch price range between $10 and $40, while bullish forecasts suggest it could reach between $100 and $500.

If Pi Coin were to launch at a price of $1, its market cap would be around $6 billion, placing it within the top 25 cryptocurrencies. A $20 valuation would push its market capitalization to $120 billion, just below XRP.

Major Exchanges Eyeing Pi Coin Listing

Ahmed also speculated that Pi Coin’s debut could generate significant trading activity, potentially even surpassing Bitcoin in 24-hour volume.

Binance is among the confirmed platforms expected to support Pi at launch, along with OKX and Bigg. Other exchanges, such as Coinbase and Kraken, could follow.

The total supply of Pi Coin stands at 9.29 billion, with a maximum cap of 100 billion. At launch, an estimated 6.41 billion tokens will be in circulation.

Some analysts believe Pi could enter the top five cryptos, ranking alongside Bitcoin, Ethereum, Binance Coin, XRP, and Solana.

The Binance poll has served to further intensify discussions around Pi Coin’s market debut. With speculation around price movements, exchange listings, and trading volumes, all eyes are on how Pi will perform once it becomes tradable.

If major exchanges do indeed adopt the token, it could set the stage for Pi’s long-awaited market entry.

Read also: Could SUI Price Hit $7 Soon Amid Market Dip? Expert Weigh In

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.

Get all our future calls by joining our FREE Telegram group.