Pi Coin Surges After OKX Listing – Can It Reach $500 With Binance & ByBit?
Key Highlights:
- Pi Coin jumped 106% after its OKX listing, fueling speculation of further exchange listings.
- ByBit’s CEO denied a Pi Coin listing, raising concerns about its legitimacy.
- Pi Network’s mainnet launch remains uncertain, keeping investors cautious.
Pi Coin Price Skyrockets After OKX Listing
Pi Coin’s price surged over 100% on Wednesday following its OKX listing, sparking discussions across the crypto community. The Pi open network launch is expected on February 20, allowing free trading for users. However, concerns over its legitimacy persist, even as market interest continues to grow. With increasing speculation about Binance and ByBit listing the token, many traders are wondering whether Pi Coin could reach $500 in the near future.
Will Binance & ByBit Push Pi Coin Higher?
After surging 106% from $50 to over $95, Pi Coin saw a minor correction but maintained strong momentum. Bitget also confirmed plans to list Pi on the same day as the Pi Open Network launch, further fueling the bullish sentiment.
However, major exchanges like Binance and ByBit could provide the real catalyst for another significant rally. If listed on these platforms, analysts speculate that Pi Coin could surge toward $500. Despite the excitement, the key question remains: Will Binance and ByBit officially list Pi Coin?
ByBit Denies Pi Coin Listing – What’s Next?
ByBit’s CEO has publicly stated that the exchange will not be listing Pi Coin. Meanwhile, Bitget has quietly removed several promotional posts about Pi, adding to the uncertainty.
The situation became even more controversial after OKX announced its Pi Coin listing, leading to renewed discussions about potential pyramid scheme allegations in China.
With millions of KYC-verified users, Pi Network holds significant influence. However, top exchanges like Binance often prioritize security and compliance. While ByBit and Bitget appear hesitant, it remains to be seen whether Binance or other major platforms will take a different stance.
Will Pi Network Finally Launch Its Mainnet?
Pi Coin is currently operating within an enclosed mainnet, which restricts external connectivity and prevents full exchange listings. While there is speculation about a February 20 mainnet launch, Pi Network has yet to confirm a specific date.
Similar delays occurred in 2023, leading to concerns about whether the mainnet will actually go live this time. Investors should exercise caution, as unverified exchange listings pose potential risks. Only official Pi Network announcements should be trusted for updates on its progress.
Conclusion: Will Pi Coin Reach $500?
While Pi Coin’s price surged following its OKX listing, its future remains uncertain. A potential Binance or ByBit listing could push its price toward $500, but skepticism persists.
With ByBit’s CEO raising concerns and Pi Network delaying its mainnet, traders are urged to stay vigilant. The prolonged enclosed mainnet phase and unauthorized exchange listings add to the uncertainty, making Pi Coin a high-risk, high-reward investment.
