Pi Coin price surged by more than 100% on Wednesday following its listing on OKX, sparking debate within the crypto community. The PI open network launch is set for February 20, allowing free trading for users. Despite ongoing concerns about its legitimacy, the price rally suggests strong market interest. With speculation of a Binance and ByBit listing growing, traders are questioning whether Pi Coin could reach $500 in the near future.
Pi Coin Value Likely to Explode After Binance and ByBit Listing
Pi Coin price skyrocketed 106% on Wednesday following its listing on OKX, surging from $50 to over $95 before a slight correction. The move strengthened market confidence, with traders eyeing further price action.
Bitget also confirmed plans to list Pi on the same day as The Open Network’s launch, adding to the bullish sentiment. However, with Binance and Bybit being significantly larger exchanges, a listing on these platforms could drive another major rally, possibly pushing Pi Coin toward the $500 mark. Despite the momentum, the key question remains: Will Binance and Bybit officially list Pi Coin?
Will Bybit and Binance list Pi Coin?
Pi Coin will not be listed on Bybit, as confirmed by the exchange’s CEO. Meanwhile, Bitget has removed several posts about Pi Coin, raising speculation about its stance. The controversy surrounding Pi Coin escalated after OKX announced its listing, sparking discussions about alleged pyramid schemes in China.
Bybit CEO refused to list PI Coin !
Bitget also deleted a few posts about Pi Coin !
After OKX listing news > controversy started over pyramid schemes in China
It will be interesting to see what stance Binance or other exchanges will take because Pi Network has over millions… pic.twitter.com/k96u74T5aw
— Crypto with Khan ( SFZ ) (@Cryptowithkhan) February 12, 2025
With millions of KYC-verified users, Pi Network holds significant influence. Major exchanges prioritize user engagement and trading activity, making Binance’s position on the matter a topic of interest. While Bybit and Bitget seem hesitant, it remains unclear whether Binance or other exchanges will take a different approach to Pi Coin’s potential listing. This remains that Binance or other platforms will take the risk and list Pi Coin.
Will Pi Coin Finally Launch Mainnet on February 20?
Pi Coin remains in its enclosed mainnet phase, restricting external connectivity and preventing exchange listings. Despite speculation about a February 20 mainnet launch, Pi Network has not confirmed a date.
Similar delays occurred in 2023, raising doubts about a timely rollout. Investors should remain cautious, as unauthorized exchange listings may involve risks. Only official Pi Network channels provide reliable updates on its progress.
To sum up, While Pi Coin’s price has surged following its OKX listing, its future remains uncertain. A hypothetical listing on Binance and Bybit could push its price toward $500, but skepticism persists. Bybit’s CEO has raised concerns about Pi Coin’s legitimacy, cautioning traders against potential risks. Investors should remain vigilant, as unverified exchange listings and the project’s prolonged enclosed mainnet phase add to the uncertainty.
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