Pi Network (PI) Back on BitMart, Early Price Hike?

Jakarta, Pintu News – Pi Network has recently announced that trading of its tokens has resumed on the crypto exchange BitMart. This comes after a one-month suspension pending Know Your Business (KYB) approval.

This announcement was met with positive reception by observers and investors alike, given the potential for a significant price increase of Pi tokens.

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Pi Network and BitMart: A Profitable Partnership

After a temporary suspension, Pi Network resumed trading on BitMart, signaling a possible imminent approval of its Know Your Business (KYB) status. Dr. Altcoin, a crypto expert, views this as a bullish signal for Pi’s price, particularly as the token aims to retrace to the $1 psychological price level.

The Pi Network team has been working to stabilize the price by buying back tokens from the market. The Pi Network team has reportedly used sub-wallets to purchase over 48 million tokens from various exchanges.

This move aims to reduce selling pressure and support price stability. With this support in place, investors may see increased confidence in Pi tokens and long-term growth potential.

Also read: Charles Hoskinson Supports Ripple, XRP Holders Gear Up For $NIGHT Airdrop!

Ecosystem Development and Price Predictions

In addition to price stabilization, Pi Network has also made significant progress in developing its ecosystem. Recently, the decentralized application FruityPi received approval from the Pi Network team.

This demonstrates their commitment to enhancing the token’s utility. Dr. Altcoin also mentioned that more dApps might be approved shortly. Crypto analyst Moon Jeff predicts that the price of Pi could surge to $5, potentially reaching a new record high.

This prediction is based on recent developments and increased interest in the token. If these predictions materialize, Pi Network could become one of the most attractive tokens in the crypto market.

Also read: Binance Plans to List Pi Network (PI)? New Criteria Spark Speculation!

HTX and Potential Pi Network Listing

HTX, one of the leading crypto exchanges, has hinted several times at the possibility of listing Pi Network. In a recent post on X, HTX featured the Pi logo, which, according to Dr. Altcoin indicates a great interest in this token. This is the third time HTX has signaled a potential listing, which could be a positive catalyst for Pi’s price.

Meanwhile, Banxa, a payment platform, appears to have suspended Pi transactions, likely pending Know Your Business (KYB) approval. However, Banxa has purchased millions of Pi tokens at a low price and is expected to rebound more strongly after receiving KYB approval and an increase in the token price.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Pi Network Resumes Trading on This Exchange; What Next for Pi Coin. Accessed on April 28, 2025
• Featured Image: Coinpedia