Crypto Alerts: Pi Coin of Pi Network has witnessed sharp volatility since the start of this week, ranging between $1.3 to $2 levels. Over the past 24 hours, Pi Coin, however, has crashed by more than 55% from its all-time highs, alongside a steep decline in volumes. The performances come ahead of the deadline of March 14 for KYC and migration at Pi Network. However, the major focus in Pi is a Binance listing this week.
Pi Coin:
At the time of writing, Pi Coin traded at $1.41, which was up by 1.6% over the 24 hours. However, its volumes declined by 49% to $379.1 million, while its market capitalisation stood at $10.18 billion. During the 24 hours, the lowest level by Pi Coin was $1.33, while its intraday high was $1.42 levels.
Taking into consideration its 24-hour intraday low, Pi Coin has declined by 55.4% from its all-time high of $2.98 which was recorded on February 26. Compared to the current price level, Pi is down by 53% from its peak. Despite the latest volatility, Pi Coin has climbed the ladders to become the 11th largest cryptocurrency on CoinMarketCap in less than 25 days of its listing.
Pi Coin was listed on February 20th on CoinMarketCap.
Pi Network KYC And Migration Deadline:
To ensure inclusivity, fairness, and maximum participation in the Pi Coin, the Pi Network had announced one last grace period to 8:00 am UTC on March 14, 2025- which will be the 6th anniversary of the project's official launch. The Grace Period deadline has been the only Pi feature extended multiple times, and the extensions are meant to allow as many real Pioneers to verify their balances as possible.
Hence, March 14th is the last chance for any Pioneer to complete the required steps to avoid forfeiting their past mobile balances.
Apart from the deadline, a Binance listing of Pi Coin is one of the most expected developments in the crypto world currently. However, no official statement has been made yet.
As per the Binance survey, about 86% voted in favour of Pi Coin listing on Binance.
Pi Coin Prediction And Binance Listing:
An expert Crypto PM at Binance said, PI has already secured listings on Multiple CEXs, but Binance has kept the community waiting. This delay hasn't stopped PI's supporters from rallying, especially after a community vote in February, where a whopping 86% of Binance users voted "yes" to listing the token.
Crypto PM's note which is cited on the Binance website added, "Over the past week, PI has been on a downward spiral, dropping 20% to around $1.40. This decline is part of a broader market correction, but a Binance listing could be the game-changer needed to push its price back to $3-or even higher."
Another user titled, Portable Detective07 on Binance said that price predictions for Pi Coin vary widely due to its unique market entry. Some analysts predict it could stabilize between $2-$5 as early adopters cash in on their holdings, with early volatility expected. More optimistic forecasts suggest it could surge to $30-$70 by the end of the year, assuming major exchange listings and widespread adoption. However, the massive volume of mined Pi coins could also lead to a price drop below $1 if selling pressure overwhelms demand.
What is Pi Network?
According to CoinMarketCap, Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.
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