Highlights
Pi Network price has lost its attention, popularity and gains since hitting an all-time high of $2.98 in February. Since then, the Pi Coin has been on a distribution spree as investors found a venue to sell their mined tokens after major exchange listing. As the crypto token continues to produce lower lows, let’s explore where and how to sell Pi Coins.
The price of Pi Network stands at $0.7118, following a 20% decrease during the past seven days. Over the last month, Pi Network’s price experienced a substantial 60% reduction. Most token owners eliminated their assets from their portfolios because of this bear market trend.
Market participants persist with their lack of enthusiasm because the currency’s value remains on a downward trend. Market participants are deeply concerned because of token unlock uncertainty which has resulted in a big sell-off.
A big reduction in market value resulted in Pi Network’s loss of $14 billion. The market capitalization reduced dramatically to drop from its original $20 billion figure down to the current value of $4.76 billion. Will the Pi Network price prediction revisit above $1 mark soon?
Pi Network currently encounters multiple obstacles while trying to obtain exchange listings. Binance, along with Coinbase, joined the list of exchanges that show no willingness to list the token.
Many barriers hinder the market’s recovery speed thus maintaining potential buyers at bay while generating more worries about the token’s upcoming performance.
The cryptocurrency exchange platforms Gate.io, along with Bitget, OKX, and MEXC Global, currently support the sale and purchase of Pi Coin. Users can exchange Pi coins through various currency combinations available on these platforms. The Pair trading between Pi Coin and USDT has produced high trading volumes on the Gate.io exchange.
The mainnet launch from Pi Network will make Pi Coin accessible on open public trading exchanges. Before selling Pi Coin, you need to move your mined coins from the Pi Network app into a suitable wallet.
The selection of wallets available to Pi Network users depends on the blockchain technology the network implements along with possible provisions built-in by Pi Network itself.
Users can start selling their Pi Coins after transferring them to compatible wallets so they can use exchanges that support trading of Pi Coin. When Pi Coin gets listed by mainstream exchanges including Binance and Kraken alongside Coinbase users will gain access to buying other cryptocurrencies and fiat currency.
You can sell Pi Coin prices by sending tokens to appropriate wallets and exchanging them through supported trading platforms. Sellers must exercise caution during periods when the price gets close to its ATL location
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