Pi Coin of Pi Network has become a sensational cryptocurrency since its listing nearly 15 days ago.
On Wednesday, March 5th, the new crypto surged nearly 7%, and touched a new milestone by becoming the 11th largest cryptocurrency on CoinMarketCap chart. As the March 14 deadline of fulfilling KYC norms at Pi Network nears, which is also expected to be the date of much-awaited Binance listing, Pi Coin has witnessed buying momentum.
At the time of writing, Pi Coin traded at $1.79, higher by 6.23%, while it rose to as high as $1.85 levels in the last 24 hours. Its volumes surged by 5.2% to $813.79 million. Further, its market capitalisation climbed by 7% to $12.51 billion.
That being said, the latest performance has pushed Pi Coin’s rank on CoinMarketCap to 11th position. Analyst Kim H Wong also pointed out Pi coin ranks 11th among all cryptos that CoinMarketCap tracks. Excluding stable and Meme coins, Pi coin ranks number 8! It is not an easy feat, consider Pi has only listed 12 days!
CoinMarketCap has claimed that they track 9.2 million cryptos among 99 blockchains, but only about 9000 listed and active.
Although, Pi coin is down by 40% from its all-time high of $2.98 which was recorded on February 26, it is also up by 193% from its all-time low of $0.6152 which was posted on February 20.
Pi Coin Binance Listing Date:
PI Network has extended its deadline for real Pioneers to verify their balances as possible.
It said, “As part of our ongoing mission to ensure inclusivity, fairness, and maximum participation in the Pi Network ecosystem, the Grace Period has one last extension to 8:00am UTC on March 14, 2025-the 6th anniversary of the project’s official launch. The Grace Period deadline has been the only Pi feature extended multiple times, and the extensions are meant to allow as many real Pioneers to verify their balances as possible.”
March 14 deadline is the last chance for any Pioneer to complete the required steps to avoid forfeiting their past mobile balances.
As per reports, with Pi Coin’s deadline of March 14 approaching, speculation that the crypto could list on Binance has also heightened. Earlier, a Coingabber report said, Pi Day is a significant date for the Pi Network community, as the project was launched on this day in 2019. If Binance lists Pi Coin on this symbolic date, it could generate major market buzz and drive PI’s price higher.
About 86% of voters have voted in favour of Pi Coin listing on Binance. 3 Reasons Why Pi Coin Will Explode Higher! Binance Square cited a user XALVI who explained 3 reasons for further upside in Pi Coin: Xalvi’s note said, Pi Network price has done well this week, even as other cryptocurrencies like $BTC and Cardona plunged.
It has remained in a tight range since Sunday, and is showing signs of bottoming out. Its strong technicals, growing adoption, and the fact that it is a Made in USA coin means that it may soon break out. Pi Network Price May Rebound Because it is a Made in USA Coin.
Furthermore, Xalvi’s note added, that one potential catalyst for the Pi coin price is that it is a Made in USA crypto coin. Donald Trump has emphasized that his crypto approach will focus on those created in the United States. This includes tokens like XRP, $SOL, and Cardano. However, Changpeng Zhao, the co-founder of Binance, spotted one word in Trump’s announcement that changes everything: others. In his statement, $TRUMP said: In his statement, Cz noted that Trump’s statement meant that he will add more valuable tokens from more countries over time. That means that a coin like Pi Network may be added to these reserves since it is a Made in America coin with a market cap of over $12 billion, as per Xalvi’s note.
At present, the prediction of Pi Coin hitting the $10 mark is taking rounds owing to the Binance listing. Another target is $5 on Pi Coin, which is predicted to hit in April.
