Coin PI rises approximately 300 %: What provides the gathering? The latest market price and trends and more

Bin currency take Coded The world is through the storm. since Open ManeT On February 20, Digital assets It gained more than 290 %, with an increase in the price to $ 2.16. I put it this dramatic increase against the main players such as Bitcoin, Ethereum and Dogecoin, all of which witnessed a 9-20 % decrease last week.The excitement about the PI stems from many major developments. Mainnet open users now allows the transfer of their PI currencies outside the PI network, a long -awaited milestone. In addition, it is based on the main exchanges, including OkxBitget and Coindcx have reinforced access and liquidity.

But is this growth sustainable, or is the PI currency just an encryption bubble?

Driving forces behind the rise of Pi Coin

Several factors contributed to the height of Pi Coin dramatic:

• Open Mainnet Launch – This was a major turning point, allowing PI currencies to circulate outside the closed network for the first time. This step has increased the interest of investors and raised market activity.
• Permanent exchange lists – more Coin Coin now supports, making it easier for traders to buy and sell. Increased accessibility often translates into high demand.
• Support of strong society – with more than 60 million users, the PI built dedicated followers. This strong support provided flexibility against the market shrinkage.
• Limited single width – there is still a large part of PI coins. With the high demand and the limited supply is available, the prices rose sharply.

Flaving market: a mutation or a bust?

Although the height of the Pi Coin was impressive, it was also very volatile. Just a few days before reaching $ 2.16, it was traded with more than $ 0.6157. These rapid fluctuations raised concerns among investors.

According to Coinmarketcap, the fully diluted evaluation of PI Coin (FDV) is now $ 21.37 billion, which reflects strong. Investor confidence. However, the actual circulating offer is still unknown. Nowadays, the total offer is estimated at 10.11 billion coins, with a maximum of 100 billion.

Market monitors are still divided. Some believe that if the Pi Coin gains interest in the real world, it may exceed $ 500 by 2030. Others argue that its current gathering is driven by speculation more than the basics.

Criticism and controversy

Despite the noise, the PI was not controversial. The project faced an audit on the distinctive symbol and allegations of being a Pyramid.

Ben Chu, CEO of BYBIT, frankly, as a fraud, accused of getting rid of elderly investors. Meanwhile, concerns about its main exchange have been raised, with some saying that the PI lacks transparency.

Binance Worker: Will the PI be listed?

One of the largest talk points about the PI is its potential list on Binance. On February 22, Binance revealed that 86 % of users who participated in the community’s vote was in favor of adding the PI to the stock exchange. However, the final decision has not yet been taken.

Colin Wu, founder of Wu Blockchain, expressed strong concerns about this step, noting that Binance’s focus on user records and traffic growth may come “at the expense of its reputation and security.”

The final vote is scheduled to conclude on February 27 at 23:59 UTC. If approved, a Binance menu It can serve as a main catalyst for Coin in the coming days.

What is the following for PI Coin?

The future of Pi Coin is still uncertain. If you secure the Binance menu and continue to get attracted, it may appear as a serious player in the coded currency area. However, its long -term success will depend on whether it can go beyond speculation and create cases of use of the real world.

Currently, PI Coin is still high -risk. Whether it will redefine digital financing or fading in mystery, it is only a question that will answer.