The post Breaking: Kraken To List PI NETWORK (PI) Coin Ahead Of Pi Day appeared first on Coinpedia Fintech News
Kraken, one of the largest crypto exchanges with more than 13 million active users, has announced plans to list the PI Network native Pi token on March 13. Meanwhile, the move comes just two days before the community’s annual Pi Day on March 14.
Following the announcement, PI coin price rose about 2% within one hour, trading around $0.23.
Kraken To List PI Network Pi Coin On 13 March
In a recent tweet post, Kraken Listing announced plans to list the PI token on March 13.
Tap-to-Earn Pi Network is a digital currency project that allows users to mine coins using a free mobile app. Unlike Bitcoin, it does not require heavy computers or large amounts of electricity. Instead, users can mine tokens directly from their smartphones with a simple daily tap.
The upcoming listing will add Kraken to the group of exchanges already offering PI trading. The token is currently available on platforms including OKX, Bitget, HTX, and BitMart.
However, PI has not yet been listed on some of the largest global exchanges, such as Binance and Coinbase.
Two Days to Go For Pi Day
The listing announcement arrives just two days before Pi Day on March 14, an annual milestone for the community.
This date has often created strong excitement in the Pi Network community and has historically led to increased trading activity around the token.
Meanwhile, this year, network upgrades are expected to finish by March 12, and new DeFi tools may also launch.
Pi Coin Price Down 85%
Even though the Pi Coin price moved up after the listing news, Pi Coin is still about 85% below its all-time high of $2.34.
According to crypto market observer Dr. Altcoin, PI has been trending higher during the past week and is approaching a $0.24 resistance level.
If the token moves above that level, traders say it could trigger an additional price rally towards $0.50 as the Pi Day event approaches.