Pi Coin has witnessed a remarkable surge since its launch. Furthermore, this much anticipated cryptocurrency surpassed major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin in terms of growth. This surge is driven by Pi Coin’s new Open Network launch and potential Binance listing, which has sparked investors’ enthusiasm and optimism.
In the last 24 hours, Pi Coin has gained over 37% and since its launch it has gained nearly 300%. Moreover, PiCoin has out-passed major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, USDC, and Dogecoin, which declined by about 9-20% in last seven days.
Notably, Pi Network’s Open Mainnet launch on February 20, enabled users to transfer Pi Coin outside the network for the first time.
What’s Driving The Surge Of Pi Coin?
Several key factors are contributing to the rise in Pi Coin’s prices.
- Open Mainnet Launch: This much speculated launch generated buzz and optimism about new functionalities.
- Increased Exchange Listings: As more and more platforms starts listing PI, it will improve accessibility and liquidity.
- Strong Community Support: There is a strong community with a user base of over 6 crores, which drives market activity and resilience.
- Limited Token Supply: A significant portion of Pi tokens remains locked, reducing its supply in the market. Moreover, due to high demand and limited supply, price goes upward.
How And Where To Buy?
The Pi Network’s Coin has been listed on prominent cryptocurrency exchanges such as CoinDCX, OKX, and Bitget. To buy this crypto, users can download any of these apps, complete the Know Your Customer (KYC) verification process, and deposit funds into the app’s wallet.
Latest Price And Other Details
Pi Coin’s price witnessed significant crash following its mainnet launch and price dropped substantially below $1. According to the Binance data, apiece of PiCoin is priced at $2.440436 with a 24-hour trading volume of $154.56 million.
Looking forward to 2030, if PiCoin becomes a widely used cryptocurrency with real-world uses, its price could exceed $500, predict analysts.
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