Pi Network (PI) token officially launched on Feb. 20, coinciding with the launch of Pi Network’s mainnet. Shortly after launch, several centralized exchanges, including OKX, HTX, Bybit, MEXC, Gate.io, BitMart, and Bitget, listed PI for trading. Following these listings, PI’s price surged 36.8% within the first hour, reaching a high of .97, according to CoinGecko.
However, a rapid sell-off followed as early adopters started liquidating their holdings. As a result, the price plunged from its all-time high of .97 to its all-time low of However, there is a chance Binance listing may not materialize as criticisms have emerged regarding its potential PI listing. Most notably, Colin Wu, founder of Wu Blockchain, criticized Binance’s decision to revive community-driven listings after seven years, especially with the listing of Pi. He expressed a concern that Binance is prioritizing traffic and user registrations over security and its industry reputation.
Pi’s price is holding steady above .50, fueled by hopes of a potential Binance listing.
