Pi Coin’s Fate Decided by Binance Community Vote

Binance, a renowned cryptocurrency exchange, has initiated a community vote to determine whether the token of Pi Network, Pi Coin, should be listed. This decision follows a surge in interest and lively discussions among Binance users regarding the future of Pi Coin.

The voting process is open to all Binance users who meet a basic requirement. Participants must log in with a verified Binance account and hold at least $5 in assets during the voting period. Each user gets a single vote, which can be cast under Binance Square’s official post. The vote runs from February 17, 2025, at 14:45 (UTC) to February 27, 2025, at 23:59 (UTC).

A staggering 3.4 million users engaged with Binance’s poll on the Pi listing decision. The vote is 85% in favor and 15% against, with over 7.7k comments and 10.6k shares. The poll will remain open for nine more days, ending on February 27, 2025.

While Binance values community input, the final decision will be based on its internal evaluation processes. The results, updated daily, will be reviewed for any ineligible votes before the final numbers are announced. However, Binance made it clear that the vote is merely a reference and does not guarantee Pi Coin’s listing.

It comes as a relief to Pi investors after an ongoing delay to Pi’s main net launch led to frustration earlier this month. Pi Network’s Open Network will officially go live on February 20, 2025, at 8 AM UTC. The move will remove previous restrictions, allowing seamless integration with external platforms and real-world applications.

Pi Coin Soars 20% to $80 on Major Listing

Despite facing criticism for delays in token launch, Pi Network still captured attention with its unconventional approach to cryptocurrency mining. Unlike traditional models that require high-powered computing, Pi Network allows users to mine coins using mobile phones, making it accessible to a global audience. This unique method has attracted millions of users eager to accumulate Pi tokens before the network’s full launch.

Recently, Pi Coin made waves in the crypto market with a sharp 20% surge in price, touching the $80 mark on February 16, 2025. The rally was fueled by its listings on major exchanges, including Bitget and Binance. Despite broader market uncertainty triggered by higher-than-expected U.S. inflation data, Pi Coin defied expectations, showing resilience and strong investor sentiment.

Pi Coin’s presence on Binance could further solidify its standing, as the exchange’s influence often validates new digital assets. Additionally, its listing on Bitget—a platform focused on derivatives trading—suggests that traders are preparing for potential volatility as Pi Network nears its mainnet launch.

Pi Network Launch Price Prediction—Will Pi Coin Soar or Plunge?

The upcoming Pi Network launch has sparked speculation over its potential price movement. Looking at historical trends, past high-profile airdrops have had mixed outcomes. Projects like PENGU, BERA, and BLAST initially generated buzz but later suffered significant price drops. On the other hand, Hyperliquid managed to retain strong price levels, proving that exceptions exist.

Pi Coin’s IOU price has been fluctuating between $60 and $80, offering an early indication of where it might stabilize once fully unlocked for trading. The question remains whether Pi Coin will maintain its momentum or follow the pattern of past airdrops that failed to hold their value over time. If you’re wondering what crypto buy right not, consider Pi coin, but do your diligence. 

 

Read More

2025-02-18 20:59