The post Pi Network News: Binance Survey Shows 86% Voter Support for Pi Coin Listing appeared first on Coinpedia Fintech News
The crypto market is going through a tough time, but amid the uncertainty, Pi Network Coin is getting a lot of attention. In a recent Binance Square vote, 86% of users supported listing Pi Coin on the exchange. This has excited Pi Network fans, who think a Binance listing could make the coin more trusted and push its price higher.
86% of Voters Support Pi Coin Listing
On February 17, Binance launched a community survey to see if users wanted Pi Coin to be listed. The response was huge, with 86% of nearly 295,000 participants voting in favor. This strong support shows the growing interest in Pi Coin.
Inspite of favorable voting results, Binance made it clear that the vote alone doesn’t guarantee a listing. However, Binance said the final choice to launch Pi Coin will go through a strict review.
They further posted on Binance Square that, “We respect the vote results, but they are just for guidance. The decision depends on our official checks and standards.” Despite this, the high level of support has caught the crypto community’s attention.
Pi Network’s Growing Popularity
Since past few month Pi Network has gained significant popularity, largely due to its solution to Bitcoin’s major mining problem. It now has over 60 million active users and a strong social media presence, with 3.7 million followers on X making the fifth-largest cryptocurrency by following.
Many believe that if Pi Coin gets listed on Binance, it will gain more exposure and attract more investors.
How a Binance Listing Could Impact Pi Coin’s Price
The excitement around a potential Binance listing comes at a time when Pi Coin’s price has dropped. As of now Pi coin has been trading around $2.4 reflecting a drop of 11% due to market crash.
However, history has shown that when a cryptocurrency gets listed on Binance, it often experiences strong price movements. If Pi Coin is officially listed, it could gain more trust and see a rise in value.
Pi Day Celebration On 14 March
Meanwhile, Pi Network supporters are looking forward to Pi Day on March 14. This annual event celebrates the project’s launch, which happened on the same date in 2019. Many believe this year’s Pi Day could bring more updates about the coin’s future.