What to Expect on Pi Day and Possible Binance Listing
2 min read
Pi Coin has recently recorded a price increase, which has increased from around 1.20 USD to USD 1.74 in just 24 hours and marked an increase of 70%. This increase is due to growing speculation that Binance will announce a list of PI coin on March 14, PI Day. As a result, the purchase pressure was increased because investors expect important developments for cryptocurrency. When the PI day approaches, they keep in mind developments that could drastically influence the PI price, and an analyst has explained possible price movements.
Potential scenarios for the price movement of PI
Optimistic prospects: If Pi is listed in Binance, we could see an explosive rally. PI could break its all-time high of $ 3 and increase the range of $ 4 to 4.50 within days. If the PI market sees as a key player in the crypto area, it could even reach 7 to 10 US dollars at short notice.
Balanced scenario: With a more modest rally, Pi was able to hit 3.14 US dollars on the PI day. This would depend on the excitement of new Exchange listings and create a solid support level for future growth.
Careful scenario: On the other hand, Pi could be exposed to correction after an initial excitement. In this case, PI could only reach about 3 US dollars or even fall back on 2 US dollars. This would reflect a typical crypto market correction.
The unique attraction of Pi Coin
What distinguishes Pi from other cryptocurrencies are his community and mobile radio functions. In contrast to conventional cryptocurrencies that require expensive hardware and high energy consumption, PI enables users to reduce their smartphones using their smartphones and offer an environmentally friendly alternative. This unique approach, combined with strong support of the community, could position PI as an important player in the digital currency area.
At the time of writing, the PI coin fell by more than 3% and deals with $ 1.67.
