Following its debut on OKX, the price of Pi Coin (PI) skyrocketed, igniting rumors about listings on Binance and ByBit. Can PI continue to rise?
Key Takeaways:
Following its launch on OKX, the price of Pi Coin increased by over 100% on Wednesday, igniting discussion among cryptocurrency enthusiasts. On February 20, the PI open network will start, enabling users to trade freely. The price increase indicates substantial market demand, despite persistent doubts about its validity. Traders are wondering if Pi Coin will hit $500 soon as rumors of a listing on Binance and ByBit continue to grow.
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After debuting on OKX, the price of Pi Coin surged 106% on Wednesday, going from $50 to more than $95 before a small reversal. Investors are now more optimistic and looking forward to potential price increases as a result of the change.
To add to the bullish feeling, Bitget stated that they will list Pi on the same day that The Open Network launches. Nevertheless, if Pi Coin were to be listed on the larger exchanges like Binance and Bybit, it may trigger even another huge spike, potentially causing it to reach the $500 milestone. Regardless of the progress, the biggest concern is whether Pi Coin will be officially listed by Binance and Bybit.
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As the CEO of Bybit has announced, Pi Coin will not be listed on the exchange. Speculation on Bitget’s position has been stoked since it erased multiple posts regarding Pi Coin. After OKX announced that it will be offering Pi Coin, the controversy surrounding the cryptocurrency heated up, leading to claims of Chinese pyramid schemes.
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
Pi Network is a powerful player with millions of users who have been KYC certified. Because of the importance that major exchanges place on user engagement and trading activity, Binance’s stance on the subject is intriguing. Although Bitget and Bybit appear to be on the fence, it is yet unknown if Binance or any other exchange will handle the potential listing of Pi Coin differently. The question is whether platforms like Binance will list Pi Coin despite the risks involved.
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Does Pi Coin have a listing on Bybit or Binance?
No, Binance has not made any announcements, and Bybit’s CEO has affirmed that they would not list Pi.
Is it possible for Pi Coin to reach $500?
Although there are no guarantees, a listing on Binance and Bybit would theoretically push Pi Coin closer to $500.
What caused the price of Pi Coin to spike?
Following its launch on OKX, Pi Coin experienced a 100% increase, which fueled market speculation.
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