Pi Coin (PI) Price Explodes 70% Ahead of Speculated Binance Listing on Pi Day (March 14)

Pi Coin has seen a price increase recently, rising from around $1.20 to $1.74 in just 24 hours, marking a 70% surge. This surge is attributed to growing speculation that Binance will announce a listing of Pi Coin on March 14th, Pi Day. As a result, there has been increased buying pressure as investors anticipate major developments for the cryptocurrency.

Pi Network (PI) has experienced a significant price surge recently. The cryptocurrency is showing no signs of slowing down as it trades at $1.74 at the time of writing, showing a 70% increase from $1.20 in just 24 hours.

This surge is being attributed to growing speculation that Binance will be listing Pi Coin on March 14th, which is also Pi Day. As a result, there has been increased buying pressure on the cryptocurrency as investors anticipate major developments for the token.

As Pi Day approaches, keep an eye out for any new developments that could drastically impact the price of Pi, and an analyst has broken down possible price movements as the day draws nearer.

Potential Scenarios For Pi’s Price

If Pi is listed on Binance, we could see an explosive rally. Pi might break its previous all-time high of $3 and surge to the $4 to $4.50 range within days.

If the market recognizes Pi as a key player in the crypto space, it could continue to climb even further to $7 to $10 in the short term.

However, a more modest rally could see Pi hit around $3.14 on Pi Day. This would be driven by the excitement of new exchange listings, creating a solid support level for future growth.

On the flip side, Pi could face a correction after the initial excitement fades. In this case, Pi might only reach around $3 or even fall back to $2.00, reflecting a typical crypto market correction.

What Is Special About Pi Coin?

Pi Network is a cryptocurrency that can be mined through the users’ mobile devices. It is a community-driven cryptocurrency that is free to join and use.

The cryptocurrency is a token that runs on its own blockchain, which is a distributed ledger that records all transactions securely and transparently.

The cryptocurrency is unique in its approach to mining, which is an essential process in cryptocurrencies. Most cryptocurrencies require specialized hardware, known as ASIC miners, and high energy consumption for mining. However, Pi Network uses an innovative technology that allows users to mine the cryptocurrency using their smartphones.

This makes Pi Network an eco-friendly cryptocurrency, and it also provides an opportunity for a wider range of people to participate in the crypto revolution.

At the time of writing, Pi Coin is down by more than 3% and is trading at $1.67.