Pi Network inches to 1.60 USD Adid Binance Nada

Pi-This price is held stable above $ 1.50, encouraged to the potential list of bynance.

PI Network (Write) Token officially launched 20. February, which matches the launch Pi Network’s Mainnet. Shortly after launch, several centralized exchange, including OCCS, HTKS, Biibit, Mexc, Gate.io, Bitmart and Bitget, PI for trading. After these entries, PI’s price rose 36.8% within the first hour, reaching high $ 1.97, according to Coongecko.

However, a Speedy sale Accompanied as early adopters began to liquidate their farms. As a result, the price strayed from their all times of $ 1.97 in their time low $ 0.61 on the same day. Adding turbulence, Prosecution for fraud appeared. The whole bitbit Ben Zhou referenced a Chinese report marking PI network fraud, especially directed to older investors. Pi Network rejected these allegations, claiming that her legitimacy as a six-year development project.

Despite the initial decline, PI price seems to be on the road to recover, trading for $ 1.35 in the last 24 hours. Today, Pi price opened $ 1.54 and so far has held stable above level 1.50 dollars. At the time of writing, PI trades $ 1.58, with a 24-hour trading range of 1.02 billion dollars, up to 42% in the last 24 hours.

The speculations surrounding the potential list of bineness are probably behind this resilience. From 22. February, in the community of voice about binanci, 212K response gathered, with more than 86% in favor of PI census. Along with a survey that approaches its conclusion, investors predict that it can contain Altcoin on their platform, which could affect its price.

However, there is a chance that the list of binemony cannot materialize because criticism has emerged in relation to its potential PI. Most common, Colin VuThe founder Vu Blockcain, criticized the decision of the binance to revive community entries after seven years, especially with the list of PI. He expressed concern that the binacy was a priority for traffic and user registration for security and its industrial reputation.