Pi Coin is up by greater than seven % within the final 24 hours. It’s now eyeing to interrupt the $2 mark. Pi Community has seen a serious drop from its all-time excessive of $3, now buying and selling across the vary of $1.60-$1.70. Regardless of the broader market downturn, investor sentiment stays hopeful, with indicators {that a} reversal could possibly be on the horizon. The MACD indicator exhibits potential bullish momentum, however with the RSI nonetheless beneath 50, restoration could also be gradual till market situations enhance
Including to the bullish principle, the X account ‘Binance Intern’ tweeted some intriguing messages. The primary tweet learn, “For those who’re studying this, you’re an actual one,” adopted by the Pi image. That is the primary time Binance has straight referenced Pi Coin on this manner. May or not it’s a joke? Perhaps. But it surely certain seems like they’re giving Pi some consideration.
In one other tweet, they requested, “In case your favourite mission was a dessert, what would it not be?” and posted a slice of pie emoji. These tweets have been getting large consideration and this could possibly be a manner for Binance to gauge the Pi neighborhood’s curiosity.
What’s subsequent for Pi Coin?
The massive information is that Pi Day (March 14th) is approaching, and consultants imagine that’s when Pi Coin could possibly be listed on Binance. If Binance lists Pi, it can put stress on different exchanges like Coinbase, Kraken, Crypto.com, and Gemini to record it too. Pi’s buying and selling quantity is large proper now and different exchanges will desire a piece of that motion.
Pi Coin’s neighborhood is among the strongest on the market. Folks have been mining Pi since 2019, and plenty of are holding onto their cash for the long run, even locking them up till 2027. This exhibits robust assist for Pi, and that might drive extra exchanges to record it.
