The Pi Network is set to dominate crypto discussions this week as its long-awaited mainnet launch paves the way for multiple exchange listings. The most significant development revolves around Binance, the world’s largest cryptocurrency exchange, which is currently running a voting poll to gauge community sentiment on listing Pi. The question remains—how high can Pi Coin surge if Binance proceeds with the listing?
Binance Pi Network Voting Poll Gains Traction
Binance has launched a poll allowing users with at least $5 in their accounts to vote on whether Pi Network should be listed. The poll, which runs until September 27, has already garnered over 4 million views and 12,700 comments, highlighting the intense interest surrounding Pi.
Early results indicate overwhelming support, with 85% of participants in favor of the listing. Advocates argue that Pi Network represents a revolutionary project with significant potential, while skeptics dismiss it as a scam. The high level of engagement underscores the community’s passion, potentially influencing Binance’s final decision.
Big Exchanges Confirm Pi Listings
Several major exchanges have confirmed plans to list Pi Network once the mainnet goes live. OKX led the charge, followed by HTX, Gate.io, and MEXC. However, Bybit, which processed over $5.5 billion in trading volume in the last 24 hours, has opted out. Meanwhile, Coinbase and Kraken remain undecided.
How High Can Pi Coin Rise After Binance Listing?
Predicting Pi’s post-listing price is challenging due to limited historical trading data. However, recent market movements provide insight. BitMart’s Pi IOU surged to $200 following the mainnet confirmation before retracing to $70 as investors awaited the official launch on February 20. The token also dipped below the crucial $88.65 support level.
Currently, Pi remains above the 100-day Exponential Moving Average (EMA), signaling a potential rebound. If bullish momentum builds, the first key resistance level to watch is $136.30—March 2024’s peak. A decisive breakout could push prices toward $200. Conversely, a drop below the 50-day moving average may send Pi tumbling to its next support at $33.82.
Also Read: Pi Network Search Interest Skyrockets as Mainnet Launch Approaches, Breaking Records
With the mainnet launch and possible Binance listing on the horizon, Pi Coin is gearing up for a volatile yet potentially lucrative week ahead.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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