The Pi Community mainnet launched on February 20, and main exchanges akin to OKX and Bitget saying listings have upped the optimism amongst pioneers. The hype across the coin proper now could be larger than ever.
Within the final week, the Pi coin has crossed $100 with ease on the constructive announcement made for the mobile-centric blockchain.
Now merchants have a brand new query. What is going to occur if Binance and ByBit, the highest 2 crypto exchanges around the globe, resolve to checklist PI coin on their exchanges for buying and selling? Will Pi coin worth hit $500?
Whereas this may occasionally appear extremely speculative, let’s take into account it completely earlier than drawing any conclusions.
When OKX announced it would list Pi coin worth on Wednesday, the worth elevated by 100%, reaching $95 from $45 in a number of hours. Bitget additionally joined this swimsuit and additional elevated the optimism amongst merchants.
Will Binance and Bybit checklist Pi Coin?
The straight reply for now could be NO. As of the present out there data, neither Binance nor Bybit has introduced the itemizing Pi coin on February 20.
Whereas Binance could change this stance if Pi coin passes by means of its required check, Bybit will probably be a tricky problem because the CEO, Ben Zhou, refused to join the Pi.
Whereas the official Pi token will probably be launched on February 20, the undertaking’s hype may be seen because the unofficial PI IOU token, created by exchanges, is displaying this nice bull run.
So sure, if Binance and Bybit announce to checklist PI earlier than February 20, there are probabilities that the PI coin would attain 500. However that’s not the one factor we should always remember, as a result of costs may also drop considerably.
Early patrons can use this as a chance to take an exit. So we will’t ensure till time tells us.
