Pi Network, which has a great impact in the crypto world, is on the agenda with Binance’s voting. While the community supports the listing of Pi Coin, many investors are wondering about the possible price increase. So, how much can Pi coin rise with the listing of Binance?
Binance started voting for Pi Network!
Binance organized a vote to get the idea of the community to list Pi Network. According to Binance’s website, users with at least $ 5 balance can participate in this survey. The vote will continue until 27 September.
The first data show that the majority of users support the listing of Pi Coin. So far, 85 %of the respondents wanted Pi Network to be listed in Binance, while 15 %opposed it. Voting, more than 4 million views, 12.7 thousand comments attracted great attention.
Binance community supporters argue that Pi Network has a great potential. However, opposing views are worried about the transparency of the project. A crypto analyst summarized the situation as follows:
Listing in Binance is a gigantic step for Pi Network. Binance has millions of users and has a daily transaction volume billion dollars.
Large stock exchanges are preparing to list Pi Network
With Pi Network’s Mainnet launch, many large stock exchanges announced the decision to list Pi Coin. OKX was the first platform that explains that it will list Pi Coin. Popular stock exchanges such as HTX, Gate.io and Mexc have confirmed that they will list Pi Network.
However, large stock exchanges like Bybit, said Pi Coin cannot list. Big names like Coinbase and Kraken have not made an official statement so far.
How much can Pi Coin rise after Binance listing?
It is difficult to predict the price that Pi Coin can reach after the Binance listed. However, when the past data was examined, the price of the Pi Coin Iou on the bitmart rose to $ 200 with the approval of the mainnet launch. Then, the price of investors waiting to be a real listing price fell to $ 70. According to technical indicators, Pi Coin is still on the 100 -day EMA (exponential moving average). If the rise trend continues, the first target will be $ 136.30. If this level is broken, the price may rise up to $ 200 again.
However, in the decrease scenario, Pi Coin hangs below the 50 -day moving average to support the support of $ 33.82. Binance listed and the demand for stock market will be the most important factors that determine the direction of the price.
