Things just got a bit more entertaining in the world of crypto! The mobile-first cryptocurrency Pi Network, which has been somewhat of a enigma for some, is beginning to make some big moves. Notable exchanges such as Bitget and Gate.io have listed the Pi token, while Binance has started a community poll to decide whether or not to list pi. It is evident this once niche coin is coming out of its shell. While this is great news, the question remains: what does this mean for you? Let’s take a closer look!
Pi Network’s Open Mainnet Launch
Pi Network is on schedule to make its Open Mainnet transition on February 20th, 2025 at 8 AM UTC. This transition marks the end of the Enclosed Mainnet period Pi Network has been experiencing since December 2021. With the commencement of the Open Mainnet, Pi will now be able to interact with different systems and offer Pioneers the ability to make transactions beyond the Pi ecosystem, thus increasing the utility and scope of Pi.
What’s Happening With Pi Coin?
If you have not read my previous post about Pi’s listing at OKX, you can read it from here: https://blockchaintreat.com/pi-networks-okx-listing/
Pi Network has existed for some time but it is only recently that the token is starting to gain attention. Pi appears to be making headway into the big leagues after years of hype and anticipation. Here’s what I know:
- Gate.io: This exchange has issued a statement confirming the listing of Pi tokens, and trading is expected to begin on February 20, 2025. This is anticipated to improve liquidity and offer more trading options for Pi holders.
- Bitget: Likewise, Bitget has announced the listing of Pi tokens, where trading for the PI/USDT pair is expected to commence at 8 AM UTC – February 20, 2025. Pi will also be part of Bitget’s Innovation, Web3, and Public Chain Zone .
- Binance: one of the largest exchanges in the world, is letting its users decide if the exchange will accept Pi. The fact that this vote is community based is a display of the importance of user input during the listing processes and Binance’s willingness to make community centered decisions.
What Does This Mean for Pi Holders?
The Pi listings on Gate.io and Bitget represent important progress toward the integration of Pi into mainstream crypto markets. Pi holders can now trade at more places which can help improve the value of the token. You cannot ignore the Binance community vote, as the value of Pi could increase significantly if the vote passes as it would allow even more liquidity and exposure for Pi.
What Steps May Be Taken
- For Bitget and Gate.io Users: Make sure your accounts are verified and are trading ready. Pumping and dumping Pi tokens on the market will be available in no time.
- For Binance Users: Vote for the Pi listing on the community vote and have some influence on Binance decision making. Your vote does matter.
Closing Remark
The listing of Pi Network, alongside the transition to an Open mainnet as well as the subsequent listings on Gate.io and Bitget, means big changes are coming to the crypto market. There is no denying that the community’s involvement makes a difference, especially in the case of the Binance vote, Pi holders will decide whether or not the coin goes up. Make sure you stay educated and get involved to see the changes happening with the Pi token and the Pi Network expanding in the cryptocurrency world.
Attention: The risk of losing in trading cryptocurrencies is present and basic knowledge as well as considering finances before investing is strongly advised.