Pi Network Price to Surge? Binance Teases with the Pi Symbol!

Jakarta, Pintu News – The price of Pi Network (PI) plummeted after its much-anticipated ecosystem announcement on Wednesday, May 14, fell short of expectations. Its value has dropped nearly 50% from its high point this week, wiping about $4 billion off its market capitalization.

Even so, the ongoing listing process of Pi coin on Binance and HTX could be a driver for price recovery.

Possible Pi Network Price Recovery Post Binance Cue

Pi Coin’s price plummeted and dropped below $1 after news of the anticipated ecosystem turned out to be disappointing.

In a statement, Pi’s development team announced the launch of a new $100 million fund to invest in startups using their technology.

Read also: Pi Network Scandal: Have 70 Million Users Been Misled All Along?

However, many Pi users have complained that this announcement came too late, especially since the ecosystem has so far not shown any significant progress despite it being almost three months since the mainnet launch.

However, hopes have not been completely dashed. Binance and HTX sparked rumors of a Pi Network listing. In posts across its social media platforms, Binance shared an image similar to the Pi symbol.

The post sparked various speculations, with some influential users calling it a hint that Pi would soon be listed. Previously, the Binance community had indeed voted overwhelmingly in favor of listing Pi back in February.

But it should be noted, until now Binance has not made an official statement. Citing Coingape’s report, Binance has not listed Pi Network for reasons of centralization, lack of utility, and low liquidity.

Listing Speculation by HTX and Potential Price Spike

Speculation is also circulating that HTX is planning to list Pi Coin. Much of this speculation arises from HTX’s daily posts on the X platform (formerly Twitter) which often feature various crypto assets such as Pi Network, Tron , Pepe , Shiba Inu , and Moo Deng .

If a listing does occur on Binance or HTX, this could trigger a short squeeze like what happened to several other small-cap coins.

For example, Alpaca’s price jumped 425% in just one day after it was listed on Binance, while Orca’s price increased by more than 200% after listing. Since Pi Network is bigger and more popular than either Alpaca or Orca, the potential price spike could be much more significant.

Read also: Pi Network Price Prediction: Will the Opening of 265 Million Tokens Derail the 234% Rise?

Technical Analysis of Pi Coin Price: Rebound Potential Still Open

The four-hour chart (5/15/25) shows a very bearish outlook for the Pi Network price, having plummeted from $1.6692 on May 12 to $0.8665. This decline has even broken below the 50-period moving average, confirming the current negative trend.

However, the chances of a rebound are not completely closed as the price of Pi is still above the important support level at $0.7882. This level is considered crucial as it was previously the highest point on April 5 and 12.

Given these conditions, it is possible that Pi Coin is forming a break-and-retest pattern, which is a sign of general trend continuation. This pattern occurs when the price of an asset drops back to a support level, and then resumes its uptrend.

If this scenario occurs, the Pi Coin price will likely rally again and break above $1.

Conversely, this bullish projection will be invalidated if the price of Pi falls below the $0.7882 support level. If that happens, the price could potentially drop further to $0.5720 – last week’s low.

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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. Will Pi Network Price Bounce as Binance Post Stirs Pi Coin Rumor Mill. Accessed on May 16, 2025