Pi Coin Price Plummets Amidst Global Market Crash, Binance Listing Could Be a Catalyst for Recovery

Pi Coin's price plummeted amid a global market crash, losing significant value and trading volume.

Pi Network's native token, PI, has plummeted amid a global market crash, losing a third of its value and seeing trading volume slashed.

However, technical indicators suggest a potential recovery as oversold conditions are noted, and there's also a key level to watch out for.

Moreover, a potential listing on Binance is seen as a major catalyst for a price surge, with strong community support noted.

Pi Coin price dropped amid a broader market sell-off, which was partly driven by Trump's tariff policies, impacting global markets.

Also, institutional investors, including BlackRock (NYSE:BLK), have been selling their Bitcoin (BTC) and Ethereum (ETH") holdings, according to a report by The Block, which could be dragging down the entire market.

Indeed, in March alone, BlackRock sold almost all of its crypto holdings, reducing its stake in Coinbase (NASDAQ:COIN) and Block (NYSE:SQ).

At the beginning of the year, BlackRock disclosed a 240,000 share stake in Coinbase in the fourth quarter of 2022, along with smaller positions in Block and iShares (NYSE:BLK).

However, by the end of March, BlackRock's only remaining holdings were a 127,644 share positions in Coinbase and a 68,778 share positions in Block.

Its iShares Global Clean Energy ETF (NYSE:IDOUBLE) also saw a decreased interest, with BlackRock's holding falling to 6,209 from 16,486 shares previously.

Why Is Pi Network Token Down?A broader market sell-off has seen crypto prices plummet in recent days, with one major cryptocurrency dropping 24% amid a $160 billion crypto wipeout.

As investors digest this latest bear market development, they may be wondering if this is just another dip—or the start of a bigger fall.

But while one crypto token has seen a 24% plummet, technical indicators suggest a recovery could be on the horizon.

What's more, there's also speculation about a major exchange listing, which could propel the token 50-100% higher.

Is it time for a comeback?

Picoin is down but the community is still strong🌍Do you think $Pi price will go back to $3 before Pi day 14 March????What do your