Pi Network Price Rises 20% Ahead of March 14 Pi Day
Pi Network's price has increased by 20%, surpassing $1.70 as Pi Day approaches on March 14, marking six years since its launch in 2019.
Users must transfer mined PI tokens from the testnet to the live mainnet by 8:00 AM UTC on March 14, facing challenges with KYC verification due to technical issues.
Price Movement
- Price bounced from crucial support at $1.40, aiming for $2.
- Daily trading volume rose by 54% to $720 million.
- Futures open interest increased by over 30% according to Coinglass data.
- Local resistance is between $1.75 and $2.00.
Adoption of Pi Coin
- Pi Coin gaining traction as a payment method, with Zito Realty in Florida accepting it.
- Featured in the Stanford Affiliate Program alongside major entities like Ripple.
- Recognition within the U.S. crypto ecosystem is increasing.
Binance Listing Potential
- Binance introduced a co-governance system for token listings on March 8.
- The Pi Network community is optimistic about a potential listing on Binance.
- Existing listings on exchanges like OKX, Bitget, and Gate.io could benefit from Binance's liquidity boost.