Analyst’s Timeline for Pi Network Listing on Binance: How’ll Price be Affected?

Key Insights:

  • A top expert reveals a potential timeline for Pi Network’s listing on Binance.
  • The expert also discussed the key reasons that are delaying the listing.
  • An analyst has revealed key price levels that Pi Coin must breach for a healthy breakout.

Pi Network price has recorded some recovery today, but hovered near the brief $0.45 mark. Notably, Pi coin has gained notable traction since its mainnet launch in February, with many investors evaluating the potential of the crypto in the long run.

However, despite that, the Pi price took a massive hit, falling to as low as $0.4 from its all-time high of $2.98 recorded in February. Despite that, a flurry of analysts remain bullish on the future trajectory of the crypto.

In addition, discussions also mounted over a potential listing of the token on tier-1 crypto exchanges like Binance, Coinbase, and others. Having said that, the community anticipates a massive breakout in the Pi value post its listing.

Amid the soaring rumors, a renowned community expert has highlighted the potential timeline of the Pi listing on Binance. This has gained notable traction, especially as an analyst has highlighted key price levels for Pi Network that the crypto must breach to continue its run to the north.

Why is Binance Delaying Pi Network Listing?

Amid the soaring rumors over a potential Pi Network listing on Binance, analyst Dr Altcoin has shared crucial insights. Besides, he has also shared the potential timeline of the listing, that have caught the eyes of market participants.

In a recent X post, Dr Altcoin has highlighted the primary reasons that are delaying the Pi Coin’s listing on top exchanges.

According to the expert, the primary hurdle is the mandatory Know Your Business (KYB) requirement imposed by Pi Network.

He noted that the major exchanges like Binance or Coinbase seem hesitant to comply, which might have delayed the listing process.

In addition, the lack of transparency regarding Pi Network’s tokenomics and post-Open Network roadmap has hindered top exchanges from initiating the KYB application process.

Analyst Reveals Potential Listing Timeline

Despite the mentioned challenges, Dr Altcoin believes that the listing on Binance and other prominent exchanges is inevitable. The analyst cites Pi Network’s impressive daily trading volume of around $100 million on exchanges like OKX and MEXC, demonstrating strong market demand.

This demand makes Pi a lucrative opportunity for top exchanges. Besides, Dr Altcoin predicts that Pi will likely be listed on major exchanges like Binance around 2026 or 2027.

Meanwhile, the analyst’s prediction is based on the Pi Core Team achieving significant milestones. This includes mass migration, the maturity of the Pi AI App Studio, and the deployment of the $100 million Pi Network Venture Fund.

Interestingly, several reputable exchanges, such as OKX, MEXC, and others, have already complied with Pi Network’s KYB requirements and listed the token. Having said that, if Binance or Coinbase also list the token, it might trigger a massive demand, which in turn could trigger a rally in the asset’s price.

Pi Network price has recorded a surge of around 1.5% and traded at $0.4488, with its one-day trading volume skyrocketing 195% to $86.88 million. Notably, the crypto has hovered between the $0.4413 and $0.4709 levels in the last 24 hours.

The recent recovery appears to have sparked renewed interest among traders. Amid this, Pi Coin enthusiast and market analyst Crypto Jex has shared a price analysis of the token.

According to Crypto Jex’s daily chart analysis, Pi Network is forming a symmetrical triangle structure, with equal bottom support holding the price at $0.45. He noted that a healthy breakout requires strong volume and a daily close above the $0.65-$0.70 zone.

Above this level, the Fair Value Gap (FVG) zone of $1.05-$1.25 becomes a magnet area, which might attract more buyers. However, with multiple microstructure breaks suggesting prior liquidity sweeps, investors are advised to monitor the price action near the apex of the triangle pattern.

Pi Network Price Analysis | Source: Crypto Jex, X

Meanwhile, he noted that a breakout or continuation of consolidation is expected. Besides, he advised traders to watch for a daily close above the $0.65-$0.70 zone to confirm a potential price surge.

The post Analyst’s Timeline for Pi Network Listing on Binance: How’ll Price be Affected? appeared first on The Coin Republic.

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