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Pi Network Update, Is Binance Listing Pi Coin This Year?

Speculation is rife in the crypto world as rumors swirl about Binance potentially listing Pi Coin on December 31, 2024. Recently, multiple posts on X (formerly Twitter) have claimed that Binance, one of the largest cryptocurrency exchanges, is set to list Pi Coin on December 31, 2024. These claims, fueled by a viral post from an account named Pi News, have ignited excitement among Pi Network supporters. The post asked, “If #PiNetwork is listed on #Binance, how much do you think the price of Pi will be?” However, it’s crucial to note that Pi News is not an official channel of the Pi Network.

 Source: X

The Rise of Pi Network

Since its inception in 2018, Pi Network has made waves in the crypto community by offering a unique mining approach. Unlike traditional cryptocurrencies that require expensive hardware and consume significant energy, Pi allows users to mine coins directly from their smartphones. This innovative approach has garnered over 100 million downloads on the Google Play Store, showcasing the platform’s popularity.

The buzz around Pi Coin extends beyond the Binance listing rumor. Speculation about the Pi Network’s mainnet launch in December 2024 has also fueled anticipation. Experts predict Pi Coins could trade between $93.41 and $220.46 in 2025, with an average price of $141.64, depending on market adoption and sentiment.

Also Read: Pi Network Price Targets $100 As Technical Indicators Point to a Strong Comeback

Debunking the Binance Listing Rumor

Despite the excitement, the claim that Binance plans to list Pi Coin is unsubstantiated. Neither Binance nor the Pi Core Team has made any official announcements confirming this listing. The December 31, 2024, date appears to be a social media hoax aimed at garnering attention.

To avoid falling victim to rumors, always rely on official announcements from Binance or the Pi Core Team. While the potential of Pi Network remains intriguing, it’s essential to separate fact from fiction in the fast-paced world of cryptocurrencies.

For now, the community eagerly awaits the official mainnet launch, which could redefine Pi Network’s position in the crypto market.

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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