Will Pi Coin Price Hit $500 If Binance and ByBit List It?
The Pi Community mainnet launched on February 20, and main exchanges akin to OKX and Bitget asserting listings have upped the optimism amongst pioneers. The hype across the coin proper now’s increased 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’s going to occur if Binance and ByBit, the highest 2 crypto exchanges all over the world, determine to record PI coin on their exchanges for buying and selling? Will Pi coin value hit $500?
Whereas this will likely appear extremely speculative, let’s take into account it completely earlier than drawing any conclusions.
When OKX announced it would list Pi coin value on Wednesday, the worth elevated by 100%, reaching $95 from $45 in a couple of hours. Bitget additionally joined this go well with and additional elevated the optimism amongst merchants.
Will Binance and Bybit record Pi Coin?
The straight reply for now’s NO. As of the present obtainable 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 way of its required check, Bybit will probably be a tricky problem for the reason that CEO, Ben Zhou, refused to join the Pi.
Whereas the official Pi token will probably be launched on February 20, the venture’s hype could 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 record PI earlier than February 20, there are probabilities that the PI coin would attain 500. However that’s not the one factor we must always be mindful, as a result of costs may drop considerably.
Early patrons can use this as a possibility to take an exit. So we will’t make certain till time tells us.
