Although the Binance vote concluded positively in terms of Pi Network, Token has lost more than 22 %value in the last week. Speculation that Binance will list PI will continue to increase. While the community waits for the world’s largest crypto exchange to decide on this issue, PI is still traded on some major platforms.

Pi Network’s price decrease

The overall decline in the crypto market negatively affected Pi Network’s Token. According to the latest data, the PI is currently trading at approximately $ 1.33, which means a 22.3 %loss of value in the last seven days.

In spite of this decline, rumors that Binance can list the PI may lead to the rise of the price again. In February, Binance asked the community if they wanted PI to be traded on the stock market. In the vote, 86 %of users marked the “yes” option. However, despite this support, PI is not yet listed on the Binance platform.

Will Binance list PI?

Recently, expectations that Binance will list Pi Network has increased. Particular attention is drawn to 14 March. This date is important for the Pi community because it coincides with the sixth anniversary of the project.

Pi Network appeared in 2019 and started the Open Network process earlier this year. However, the constant delays of the project and slow progressing is disappointing within the community. Some sector participants consider Pi Network as a fraud project, while others argue that it has a great potential in the future.

Binance’s decision and possible effects

As of now, PI, which is the Token of Pi Network, is traded on large stock exchanges like Bitget, OKX and Mexc. Binance’s listing PI can have a major impact on the price and allow the project to reach a wider audience.

If Binance decides to list, there may be serious movement in the PI price. On the other hand, if the stock market does not list the PI, the current decrease trend seems to continue. The crypto community continues to wait with curiosity how Binance will take a step.