Strong fluctuation in Pi Coin price: New hill soon?

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Strong fluctuation in Pi Coin price: New hill soon?

Pi Network’s Token Pi Coin has recovered from the lowest levels of recent times. In fact, he performed better than large crypto currencies such as Bitcoin and XRP in daily earnings. Analysts foresee more rise potential. With the implying that Gemini would make a major announcement on March 13, speculation of Binance on March 14 is increasing. These also fuel the expectation within the PI community.

Pi Coin performs better than leaders!

As you followed from Kriptokoin.com, Pi Network was on light on February 20. The Token Pi Coin has experienced a significant fluctuation since then. The price exceeded $ 1.80 on the launch day, but only a few days later fell below $ 0.65. The bulls recaptured the control towards the end of February, and the valuation reached the highest level of all time with almost $ 3.

The ongoing month presented more turbulence and PI fell below $ 1.30 on March 9th. However, this was a local bottom and the price is now about $ 1.70. In addition, Pi Coin increased by about 15 %during the day while the market is stagnant. During the article, it was traded for $ 1.72 with an increase of approximately 7 %.

PI price daily graphics. Source: coinmarketcap

Analyst points to $ 3 for Pi Coin!

The revival of Pi Coin corresponds to a slight recovery of the entire crypto money market. However, PI performed better than most of the first 100 digital assets in terms of daily gains. For example, Bitcoin (BTC) increased by 2 %during the day, while Ripple (XPR) rose by 3 %for this time period.

According to some sector participants, PI has much more space for growth. Javon Marx X user recently claimed that the price graph was a bir breaking a falling wedge formation ve and that a bull run could be monitored towards new summits. “Prices can approach the $ 3 limit with an increase of more than 72 %,” Analyst guessed.

Curiously anticipated Pi day tomorrow!

Pi Network will celebrate its sixth birthday on March 14th. This date also symbolizes the mathematical fixed π (Pi), which is approximately 3.14. Recently, rumors have increased that Binance could list the PI that day. In February, the world’s largest crypto exchange organized a community vote to determine if its users would like to see PI available for trade. More than 86 %of the voters marked the “yes” option, but the PI cannot be used on the platform.

A potential listing may increase the liquidity and accessibility of Coin and trigger the upward pressure on the price. Because historically, Binance’s support resulted in important rally for relevant crypto currencies. Meanwhile, the US -based crypto exchange Gemini can also join the majority.

At the beginning of this week, the company prepared the community for great news to be announced on March 13th. Some users commenting on the post, PI’s listing may be an approaching development. Bitget, Gate.io, Mexc, OKX and more are among the well -known exchanges that have already adopted Pi Network’s local tokene.