The Pi Network mainnet launched on February 20, and major exchanges such as OKX and Bitget announcing listings have upped the optimism among pioneers. The hype around the coin right now is higher than ever.
In the last week, the Pi coin has crossed $100 with ease on the positive announcement made for the mobile-centric blockchain.
Now traders have a new question. What will happen if Binance and ByBit, the top 2 crypto exchanges around the world, decide to list PI coin on their exchanges for trading? Will Pi coin price hit $500?
While this may seem highly speculative, let’s consider it thoroughly before drawing any conclusions.
When OKX announced it would list Pi coin price on Wednesday, the price increased by 100%, reaching $95 from $45 in a few hours. Bitget also joined this suit and further increased the optimism among traders.
Will Binance and Bybit list Pi Coin?
The straight answer for now is NO. As of the current available information, neither Binance nor Bybit has announced the listing Pi coin on February 20.
While Binance may change this stance if Pi coin passes through its required test, Bybit will be a tough challenge since the CEO, Ben Zhou, refused to join the Pi.
While the official Pi token will be launched on February 20, the project’s hype can be seen as the unofficial PI IOU token, created by exchanges, is showing this great bull run.
So yes, if Binance and Bybit announce to list PI before February 20, there are chances that the PI coin would reach 500. But that’s not the only thing we should keep in mind, because prices can also drop significantly.
Early buyers can use this as an opportunity to take an exit. So we can’t be sure until time tells us.
