Pi Network’s (Pi Coin) approaching open network launch leads to speculation, while the large stock exchanges are preparing to embrace the token. Meanwhile, Binance is thinking of listing through a community vote. Although some estimate that Pi can reach $ 314, its large supply does not make such values likely, as the current value of the entire crypto market will require almost ten times a market value.
Will Binance participate in the Pi Coin listing?
The controversial crypto project Pi Network (Pi Coin), which claims to allow people directly to make digital asset mining from their smart phones, has recently been one of the hottest issues in the industry. Increased interest was caused by the team’s promise of starting the open network on February 20. This move will make the stock exchanges list Pi Coin, making it open to the public. Some of the platforms that explain that it plans to provide trade services with existence on the launch day include OKX, Bitget, Mexc and others. The crypto community made the speculation that Binance could also jump into the majority. The world’s largest crypto currency exchange launched a community vote that Pi Coin should decide whether it will be listed. In this context, the stock market made the following statement:
We listen to live discussions about Pi Network. Binance is starting a community vote to make users’ sounds to be heard. We invite users to participate in the vote and share their views on the subject: mi Should PI be started in Binance?
The company announced that the voting time will continue until February 27, and that only 5 dollar equivalent assets in the stock market accounts can participate. When we checked the temporary results, approximately 85 %of the voters selected the “Yes” option during the article.
Binance vote, Source: BinancePI Potential Price Level
The sector participants also summarized interesting Pi Coin price forecasts, assuming that the token will start to be traded this week. Some people only set -up targets, while others were quite rising. The X user estimated that the price of Damiano.L would reach $ 61, while Piwhales symbolically envisaged an amazing increase over $ 314,159, a number linked to π (Pi) π (Pi) ≈ 3,14159.
Pi, which has a total supply of 100 billion token, will need a market value exceeding $ 31 trillion to reach a price of over $ 31. Considering that the entire crypto market is currently less than $ 3.3 trillion, this scenario seems quite impossible.
