Pi Network (PI) increased 23 %in the last 24 hours, attracted attention in the crypto market. While the expectation of investors increased before the Pi day, rumors of potential announcements and binance listing rumors may raise the price even higher. So, will this rise continue?
Why is Pi Network price rising?
The Pi Coin price increased by 23 %today to $ 1.67. The transaction volume increased by 62 %to $ 747 million. Seeing $ 1.74 in the last 24 hours, PI maintains its strong stance even though it has a short -term correction.
There are several important developments behind this rise. In particular, the community talks about rumors that Pi Coin will have a price fixing mechanism on blockchain. The emergence of a smart contract code associated with Chainlink strengthened these claims. If this mechanism is implemented, the PI price may become more stable.
Pi Day excitement and big announcements
March 14, known as Pi Day in the crypto community, is of great importance for Pi Coin investors. Analyst Moon Jeff, drawing attention to the strong support level of $ 1.30, the price of up to $ 5, he said.
In addition, the HTX exchange made a mysterious sharing about the Pi, even more excited to investors. The stock market said, “Two days left! How should we celebrate Pi Day? ” he implied that he could make a big announcement about Pi Network. If a new listing or partnership is announced, the price may rise further.
Great for Pi Coin! Will Binance list come?
As Kriptokoin.com, Pi Network, as we mentioned earlier, rapidly enlarges the ecosystem by announcing that it has developed more than 100 decentralized applications (DApp). Pi Coin, which has reached 65 million active users and more than 150 million downloads, is on its way to becoming a major player in the crypto world.
Pi Coin is already listed in large stock exchanges such as OKX, Mexc and Bitget. However, the biggest expectation of investors is that Binance list. If Binance confirms this listing on March 14, Pi Coin may have an explosive rise. All eyes are now turned into official announcements to be announced on Pi Day!
