Can Pi Coin Price Hit $20? Key Levels Revealed ?
Pi Network has gained 6.2% in the past 24 hours, outperforming major cryptocurrencies like Bitcoin (+3.4%), Ethereum (+3.7%), XRP (+3.1%), BNB (+4.5%), and Solana (+2.6%). But that’s not the real surprise. Since its mainnet launch, PI’s price has skyrocketed by an incredible 1,676.68%, while the overall crypto market has dropped by 9.9% in the same period. That’s a staggering contrast – and a sign that something big is happening.
Why Is PI’s Price Rising?
Since February 20, PI has gained an incredible 1,676.68%, with a 6.9% jump in just the last 24 hours. This steady rise shows that Pi Network is moving independently of the broader market, maintaining strong momentum.
Key Reasons Behind PI’s Price Rally
Several factors are driving PI’s price increase:
Mainnet Migration Deadline Approaching
Pi Network is reaching its final deadline for users to migrate their holdings. According to a recent blog post from the team, March 17 is the last day to complete the migration. This deadline may be increasing buying pressure as investors prepare for the next phase.
Potential Binance Listing
Speculation around a Binance listing is another major factor. In a recent Binance community poll, over two-thirds of participants supported listing PI. If Binance or other major exchanges list it, the price could see a significant boost.
US Election Impact on Crypto
Donald Trump’s return to office is bringing a more crypto-friendly stance from the US government, which could benefit projects like Pi Network. Source
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