Jakarta, Pintu News – Pi Network has recently been in the spotlight among investors with much speculation regarding their mainnet launch. Pi Coin’s significant price increase has made it the 11th largest cryptocurrency by market capitalization. Market analysts predict further gains along with news that Pi Coin might be listed on Coinbase.
On March 14, also known as Pi Day, Paul Grewal, Chief Legal Officer of Coinbase, posted an image of a pie with the Pi logo on social media. Grewal wrote, “We’re very seriously celebrating Pi Day at @coinbase,” which sparked speculation among the community. Although there has been no official confirmation from Coinbase, the Pi Network community seems very enthusiastic about this development.
If listed on Coinbase, Pi Coin is expected to get a significant increase in liquidity, which could push the price even higher. Previously, there have been several reports about the possibility of Pi Coin being listed on Binance. Market analysts believe that this could trigger a parabolic rise in the price of Pi Coin.
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Despite the recent correction, crypto market analysts remain optimistic that a 30% increase in the Pi Network price is imminent. According to data from CoinCodex, the Pi Coin price could rise to $1.83 on March 22. In the past 30 days, Pi Network has experienced positive price movements on 8 out of 25 days, indicating significant market volatility. Despite the fluctuations, there is still optimism that the price will continue to rise as the network progresses.
However, today Pi Network’s price came under selling pressure, falling 8.03% to $1.36. Daily trading volume also fell 10% to $359 million, indicating a bearish market sentiment. Pi Network is still facing a prolonged price decline, keeping traders on their toes.
While Pi Network’s price movements continue to attract investor interest, there have been significant developments in the ecosystem. Late last week, the platform launched domain bidding with the introduction of .pi domains. The organization stated that it will only accept Pi Coin for the auction. All proceeds will be reinvested into the Pi ecosystem, funding developer programs, events, and initiatives aimed at expanding Pi’s utility.
With a potential listing on Coinbase and recent developments in the ecosystem, Pi Network shows promising prospects. Despite facing some challenges, such as heavy control over token supply by the Pi team, the community remains optimistic about the future of this cryptocurrency. Investors and market watchers continue to monitor these developments with great enthusiasm.
Also Read: Ripple (XRP) Price Surge Predicted After Crypto Wallet Launch in March 2025
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