The crypto world is getting very excited as Pi Network gets closer to the launch of its long-awaited mainnet. Pi Network wants to go from a testnet coin to a fully tradeable cryptocurrency. It already has more than 60 million users around the world. Students from Stanford came up with this project to make crypto available to anyone with a smartphone.
What Makes Pi Network Unique?
Pi Network uses the Stellar Consensus Protocol (SCP), which is different from Bitcoin and other cryptocurrencies that need high-energy mining. It doesn’t use a lot of computing power to keep deals safe; instead, it uses community trust circles. This method uses less energy and lasts longer, so buyers who care about the environment might like it.
Binance Vote on Pi Coin Listing
There was a recent vote on Binance Square that showed a lot of support for adding Pi Coin. 86% of people who voted did so, which shows that there is a strong desire. But Binance made it clear that the vote is just a guide and doesn’t mean that the listing will happen right away. It’s still up to the exchange to decide if Pi Coin meets its official review guidelines.
Pi Coin’s Price Movements
The price of Pi Coin has changed a lot in the past few days:
- After the Open Mainnet start on February 20, it went up by more than 300%.
- In the beginning, it was worth $2.94, but it dropped 20.8% and is now worth $2.3.
- The price of Pi Coin dropped 11.1% to $2.49 on Friday, as the whole cryptocurrency market went down.
Market experts think that the price changes of Pi Coin are caused by worries about regulations, problems in the global economy, and how investors feel about the coin. Some experts say that if it’s listed on more big exchanges, it might become more stable.
Why Is Pi Coin Falling?
The latest drop in the price of Pi Coin is part of a general trend in the crypto market to go down. Several things played a role in this:
- When Bitcoin fell below $80,000, it set off a chain reaction that affected the whole market.
- Concerns about regulations and cases in the US are making investors less confident.
- After the recent $1.5 billion Ethereum hack, buyers are more wary of how safe crypto markets really are.
What’s Next for Pi Network?
When Pi Network’s mainnet goes live, big changes are likely to happen:
- People will finally move the Pi Coins they’ve earned from the testnet to the mainnet.
- If the idea is listed on big exchanges like Binance, it might get more attention and money.
- The upcoming Pi Day party on March 14 could bring investors more news.
How to Buy Pi Coin?
Right now, CoinDCX, OKX, and Bitget all show Pi Coin. To get Pi Coin, follow these steps:
- Get any of these apps to trade crypto.
- Finish the “Know Your Customer” (KYC) check.
- Put money into your trading wallet and buy Pi Coin.
Also Read:
- Top 10 Crypto Exchanges 2024: Best Places to Buy, Sell, and Trade Crypto
- 5 Things to Know Before Investing in Cryptocurrency (2025)
Can Pi Coin Reach $100?
Pi Coin hasn’t gone over $10 yet, but some experts think it could grow a lot if more people use it and more exchanges offer it. But the crypto market is hard to predict, so buyers need to be careful.
Final Thoughts
The rise of Pi Network from a mobile mining project to a fully traded cryptocurrency is a big deal in the world of cryptocurrencies. Even though no one knows what will happen with it in the future, it already has millions of users and strong community support.
Disclaimer: This is not investment advice. Always do your own research before investing in cryptocurrencies.
