1. 188 Million Tokens Set to Unlock
This March, Pi Network is set to release a massive 188 million PI tokens to more than 1.1 million users. While some fear this could drive prices down, experts believe the growing demand for Pi might help maintain its value.
2. Pi’s Price Surge
Since launching its mainnet in February, Pi has seen an incredible price jump—almost doubling in value to reach a peak of $2.99. Despite ongoing skepticism and scam accusations, the project continues to gain momentum. Right now, Pi is trading at $1.92, marking a 1% increase in the last 24 hours.
3. A Rapid Climb in Rankings
Just weeks ago, Pi was sitting way down at #3,157 on CoinMarketCap. Now, it has skyrocketed to #11, overtaking big names like Chainlink and Stellar. Its total market capitalization stands at $13.6 billion, with 91% of users predicting further growth.
4. Why Isn’t Pi Listed on Binance Yet?
Many in the Pi community are frustrated that Binance, one of the biggest crypto exchanges, hasn’t listed Pi Coin. After a community vote showed overwhelming support for Pi, angry fans took to Binance’s Google Play reviews to express their dissatisfaction. Binance has yet to provide a direct response, only stating that listing decisions depend on factors like trading volume.
5. Will the Token Unlock Impact Pi’s Price?
A major token release like this could shake up the price, but there’s a catch—most users have their coins locked. A staggering 63% of accounts (7 million users) have locked Pi for three years, while another 14% (1.6 million users) locked theirs for a year. This reduces the chances of a massive sell-off, even with the large release.
6. Pi’s Growing Real-World Adoption
Pi is starting to gain real-world use, with businesses in Asia and the U.S. now accepting it as a payment method. This real-world adoption is helping it move beyond just another crypto trend.
Final Thoughts
Pi Network is growing at a rapid pace, backed by a dedicated community. While challenges—like securing major exchange listings—remain, its unique token lock system and increasing adoption could continue driving its value higher. Keep an eye on this one!
Source: ExplorePi, CoinMarketCap
