Highlights
With the mainnet launch approaching on February 20, the Pi Network price is gaining attention. Investors are speculating to see how Pi Coin price will perform after the highly anticipated network development and if the altcoin can outperform BTC.
Key factors influencing its valuation include exchange listings, early holders’ actions, and market price anchoring. As launch day approaches, expectations remain high for Pi Network’s official entry into the crypto market. Bitcoin price is currently hovering above $96k.
Pi Network Price has been gaining momentum as its Open Mainnet launch approaches on February 20. The recent 100% surge in Pi Coin’s price following its OKX listing has fueled speculation about a possible Binance listing. This led to a price rally from $50 to above $70. Over the past week, the Pi price has surged by 50%.
However, neither Binance nor the Pi Core Team has confirmed any such plans, leaving traders uncertain.
The mobile device mining method of Pi Coin provides broad accessibility to users who want to participate in its network. Pi Network leads the crypto ecosystem as it maintains more than 100 million users on its platform.
Despite its growing adoption, critics argue that Pi Coin was never designed for speculation but rather for a barter-based economy. If it remains unlisted on major exchanges, adoption may be gradual rather than explosive.
A Binance listing could significantly impact Pi Coin’s price, drawing more interest from traders. However, history has shown that tokens with rapid price spikes often face sharp corrections.
Projects like Berachain and Hamster saw massive initial hype but eventually declined due to weak use cases. Without strong fundamentals, Pi Coin could face similar challenges despite its widespread popularity.
While Binance has yet to announce any listing plans, other exchanges, including Bitget, OKX, and MEXC, have already shown interest in Pi Coin. Still, skepticism lingers due to past delays in Pi Network’s roadmap.
REMINDER 🎗️
3 Days Left 🔥🚀
Open Mainnet (Network) launch 🚀True pioneer must hit the like button 👈#PiNetwork $PI pic.twitter.com/KBhvJpWwjc
— Pi News (@PiNewsApp) February 18, 2025
With only three days until the Open Mainnet launch, the crypto community remains divided on whether Pi Coin can sustain its momentum and outperform Bitcoin in the long run.
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