Pi Network’s cryptocurrency, Pi Coin (PI), has made headlines with an impressive 20% price surge in just 24 hours. The rally has sparked growing speculation about its potential listing on Binance, but with a critical deadline looming, questions remain about the coin’s long-term stability and growth.
Pi Network’s Price Surge
Pi Network’s cryptocurrency, Pi Coin (PI), surged 28% in just 24 hours, climbing from $1.35 to $1.73, pushing its market capitalization to $11.8 billion. This price jump was accompanied by a 65% increase in trading volume, which reached $744 million by Wednesday.
Pi Network’s Pi Coin price surges ahead of March 14. Source: CoinMarketCap
However, despite the recent surge, Pi Coin remains 7% below its $1.74 all-time high, which was reached in late February.
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Why Is Pi Coin Rising?
Pi Coin’s price surge comes amid speculation about a potential Binance listing as investors bet on increased liquidity and trading activity.
Despite 86% of Pi network users voting in favor of Binance listing PI, Binance has yet to confirm whether it will list Pi Coin.
Some members of the Pi Network community speculate that Binance could list Pi Coin as early as March 14—coinciding with the network’s sixth anniversary.
March 14: A Pivotal Day for Pi Network
March 14 is a make-or-break deadline for Pi Network users. By 8:00 AM UTC, they must complete KYC verification and migrate their tokens to the Mainnet—or risk losing most of their holdings.
Those who fail to meet this deadline risk losing most of their Pi holdings, except for those mined in the last six months.
The migration process involves transferring Pi coins from the Testnet to the official blockchain (Mainnet), allowing holders to use their tokens across a broader ecosystem.
Challenges Ahead: Can Pi Coin Sustain Its Growth?
Despite the recent price surge, Pi Network faces serious challenges.
Users report technical issues and poor support with KYC and migration, fueling frustration and backlash within the community.
In addition, concerns over mass PI token unlocks also loom large. With only 7.15 billion Pi Coin in circulation out of a total 100 billion, investors fear dilution and price drops.
Why This Matters
Whether Pi Coin can sustain its momentum will depend on a successful migration process, potential exchange listings, and investor confidence in its long-term viability.
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