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Cryptocurrency News Articles
Pi Coin (PI) Price Prediction: Will the Binance Exclusion Derail This Ambitious Cryptocurrency Project?
Mar 20, 2025 at 09:16 pm
In the ever-evolving world of cryptocurrency, Pi Coin has emerged as a fascinating player, capturing the attention of investors and enthusiasts alike.
In the ever-evolving decentralised ecosystem, Pi Coin has emerged as a fascinating subject, capturing the attention of investors and enthusiasts. Recent developments have seen the token's price battered, dropping 31% in the past week.
However, showing signs of recovery, Pi Coin is currently trading at $1.17, indicating a 2% increase. As of 08:14 (GMT+08:00).
The token's price movements come amid broader cryptocurrency market recovery.
Earlier this week, crypto market trends showed Bitcoin struggling to maintain the $28,000 level, while Ether traded below $2,000.
This lackluster performance follows a week of significant gains, driven by news of BlackRock's (NYSE:BLK) spot Bitcoin ETF application.
The latest cryptocurrency market values showed slight increases. Bitcoin showed a 0.28% rise, trading at $27,940.0.
Ether also showed a slight uptick of 0.15%, trading at $1,954.8.
Despite the recent volatility, market analyst Kim H Wong maintains an optimistic outlook for Pi Network.
Since its debut in February 2025, Pi has traded between $0.60 and $3, with the current price hovering around the middle of this range.
As Pi Coin continues its journey in the cryptocurrency landscape, it faces both significant challenges and exciting opportunities.
The project’s ability to navigate regulatory hurdles, expand its ecosystem, and deliver on its promises of real-world utility will be crucial in determining its long-term success.
While the recent price volatility and exclusion from Binance’s listing program present obstacles, the growing community, increasing adoption, and ongoing ecosystem developments offer reasons for optimism.
Investors and enthusiasts should closely monitor Pi Network’s progress, particularly in areas of merchant partnerships, exchange listings, and technological advancements.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Coinbase Lists Reserve Rights (RSR), a Dual-Token Stablecoin Platform Aimed at Creating a Collateral-Backed, Self-Regulating Stablecoin Ecosystem
- Apr 22, 2025 at 06:40 am
- Following the announcement, Binance's 'smart money' traders are increasing long positions on the altcoin. RSR has been active since 2019, aiming to upend the stablecoin ecosystem. It's an ERC-20 utility and governance token that underpins the Reserve Protocol, a dual-token system designed to back and stabilize the Reserve stablecoin (RSV) at a $1 USD peg. RSR, a non-stablecoin, provides governance and backstop insurance to its counterpart.