Binance Listing PI Token Soon? Community Has the Final Say

TL;DR

• Pi Community’s upcoming Open Community launch has sparked hypothesis, with main exchanges getting ready to embrace the token and Binance contemplating an inventory via a group vote.
• Whereas some predict Pi may attain $314, its giant provide makes such valuations unlikely, as it could require a market capitalization practically ten instances your complete crypto market’s present worth.

Will Binance Be a part of the Listing?

Pi Community – the controversial crypto venture that claims to permit folks to mine digital property instantly from their smartphones – has been one of many hottest matters within the trade currently. The elevated consideration resulted from the staff’s promise to launch the Open Community on February 20.

The transfer (if it certainly sees the sunshine of day) will make the Pi token publicly accessible by enabling exchanges to listing it. Some of the platforms which have revealed plans to introduce buying and selling providers with the asset on launch day include OKX, Bitget, MEXC, and others. 

The crypto group has speculated that Binance may hop on the bandwagon, too. The world’s largest cryptocurrency change remained silent on the matter for a number of days earlier than issuing a group vote that ought to determine whether or not the Pi token can be embraced.

“We’ve got been listening to the colourful discussions inside our group about Pi Community. To make sure customers’ voices are heard, Binance is launching a Group Vote. We invite customers to take part and share their opinions on the subject: “Ought to PI be launched on Binance?” underneath the official publish on Binance Sq. Official,” the disclosure reads.

The corporate explained that the voting interval will run till February 27, and solely verified customers who maintain a minimal of 5 USD equal property of their change accounts can take part. 

CryptoPotato completely checked the short-term outcomes, and as of this writing, round 85% of the voters have picked the “Sure” choice.

PI’s Potential Worth Degree

Trade contributors have additionally outlined attention-grabbing PI worth predictions, assuming the token begins buying and selling this week. Some folks set targets of mere cents, whereas others had been fairly bullish.

The X person Damiano.L forecasted the valuation to succeed in $61, whereas PiWhales envisioned a staggering rise above $314.159 – a quantity symbolically linked to π (Pi) ≈ 3.14159.

With a complete provide of 100 billion tokens, Pi would wish a market cap exceeding $31 trillion to succeed in a worth above $314. Provided that your complete crypto market is at the moment valued at lower than $3.3 trillion, this state of affairs appears extremely inconceivable.