PiCoinPrice

Fartcoin (FART) , the meme coin that keeps giving, is in the news again, having risen over 21% in the past 24 hours and confidently above the $1 psychological level. The surge follows a rally in the broader market led by Bitcoin's surge to $88,000, its highest price for over three weeks. As bullish sentiment returns, so does the interest of investors in memecoin.
As of April 22, the bigger capitalizations of the crypto market hover around $2.77 trillion, noting an upward movement of about 0.40% from the previous day. Against such a backdrop, Fartcoin is basking in the limelight with technical indicators foreseeing the potential for a significant rally.
Fartcoin’s 411% Rebound from Lows Signals Trend Reversal
Fartcoin had nosedived by 92% from its all-time high of $2.74 on January 19 before it began to exhibit any signs of recovery as early as early March. FART surged over 411% on March 10 and has been forming higher highs and higher lows-most a textbook bullish confirmation of trend reversal.
This day saw FART touch an intraday high of $1.09, the highest value achieved since the fall in January, but the price action has deeper storylines to tell.
Cup and Handle Formation Confirms Bullish Continuation
The emergence of a strict Cup and Handle pattern on the daily chart has become quite bullish continuation. This is the pattern that started working from the end of January, as a rounded bottom deepening until the end of March. It was then followed, short-term, by a declining handle that has just broken to the upside with heavy volume.
Source: TradingView
The breakout candle is confirmed by the heavy buying in it as it continues to market positively. The Relative Strength Index (RSI) is at 67.65, nearly in the overbought region; it is expected to go before a significant pullback.
All Major EMAs Flash Bullish Signals
The FARTCOIN price is moving far above its 20-day, 50-day, 100-day, and 200-day EMAs. A golden crossover has already established itself over this time frame and has characterized the bullish market segment and long-term investor confidence. A confirmation of the upward trend is suggested by the large alignment of these technical indicators towards sustaining the uptrend, especially supported by the breakdown by trading volume.
Price Target: How High Can Fartcoin Go?
Utilizing the Cup and Handle pattern for upside potential projection, we add the depth of the cup ($2.20) to the breakout point located around $0.90; therefore, the mid-term price target is somewhere close to $3.10.
However, some resistance will likely be faced at two important levels before Fartcoin reaches its target level:
$1.30 – A minor supply zone, where short-term traders can be expected to take profits.
$1.75 – Strong resistance linked to historical price action before the drop in January.
If FARTCOIN breaks through these resistance levels, coupled with robust buyers and some support from the general market, the case for a wonderland above $3.00 becomes that much stronger.

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Binance Initiates Community Vote on Pi Network Listing Ahead of Mainnet Launch
In a significant development for Pi Network enthusiasts, Binance, one of the world's leading cryptocurrency exchanges, has initiated a community vote to determine whether Pi Network's native token, Pi Coin (PI), should be listed on its platform. This move comes as Pi Network approaches its Open Mainnet launch, scheduled for February 20, 2025.
The Community Vote: Empowering User Participation
On February 17, 2025, Binance announced the commencement of a community vote, inviting its users to voice their opinions on the potential listing of Pi Coin. This initiative underscores Binance's commitment to community engagement and decentralized decision-making. To participate, users must have a verified Binance account and maintain a minimum balance of $5 in their exchange wallets throughout the voting period, which concludes on February 27, 2025. Each eligible user is entitled to one vote, ensuring a fair and democratic process.
The response from the community has been overwhelmingly positive. Within days of the announcement, over 2 million votes were cast, with approximately 86% in favor of listing Pi Coin. This high level of engagement reflects the strong interest and support for Pi Network within the cryptocurrency community.
Anticipation Builds Ahead of Open Mainnet Launch
The timing of Binance's community vote aligns closely with Pi Network's anticipated Open Mainnet launch on February 20, 2025. This milestone is expected to transition Pi Network from its Enclosed Mainnet phase, allowing external connectivity and enabling PI to be traded on various cryptocurrency exchanges. The Open Mainnet launch is a pivotal moment for the more than 35 million "Pioneers" who have been mining Pi using the network's mobile application since its inception.
In the lead-up to the mainnet launch, Pi Coin's IOU (I Owe You) price has experienced significant volatility. Reports indicate that the IOU price surged by 44% in the 24 hours following Binance's announcement of the community vote, reflecting heightened market anticipation and speculative trading activity.
Exchange Listings and Market Dynamics
Several cryptocurrency exchanges have expressed interest in listing Pi Coin upon the activation of Pi Network's Open Mainnet. OKX, Bitget, and MEXC are among the platforms that have announced plans to support PI trading. These listings are expected to enhance liquidity and provide broader access to Pi Coin for traders and investors.
However, the potential listing on Binance is particularly noteworthy due to the exchange's prominence and extensive user base. A Binance listing could significantly amplify Pi Coin's visibility and adoption. It's important to note that while the community vote is a critical factor, Binance has stated that the final decision will be based on its internal review processes and standards. The results of the vote are intended for reference and do not guarantee an immediate listing.
Price Speculations and Market Outlook
The impending mainnet launch and potential exchange listings have fueled speculation regarding Pi Coin's future price trajectory. Some analysts and community members have posited that Pi Coin could reach values between $61 and $70 upon launch, based on current IOU trading patterns. More optimistic forecasts suggest that, with substantial adoption and major exchange support, Pi Coin's price could ascend to $500 or beyond.
It's crucial for investors to approach such projections with caution. The cryptocurrency market is inherently volatile, and newly launched tokens often experience significant price fluctuations. Historical precedents indicate that while initial exchange listings can lead to price surges, they can also be followed by corrections as the market stabilizes. Therefore, thorough research and risk assessment are essential for potential investors.
Community Sentiment and Future Implications
The enthusiastic participation in Binance's community vote underscores the strong and active support base that Pi Network has cultivated since its launch in 2019. The project's unique approach to mobile mining has democratized access to cryptocurrency, enabling users to mine Pi Coins without the need for specialized hardware or significant energy consumption. This inclusive model has been instrumental in building a diverse and engaged global community.
Looking ahead, the outcomes of the community vote and the subsequent decisions by major exchanges like Binance will play a pivotal role in shaping Pi Coin's market presence and adoption. A successful listing on prominent platforms could enhance credibility, attract institutional interest, and facilitate the development of a robust ecosystem around Pi Network.
In conclusion, the convergence of Binance's community-driven approach and Pi Network's forthcoming Open Mainnet launch marks a significant juncture in the cryptocurrency landscape. As events unfold, stakeholders are advised to stay informed through official channels and exercise due diligence when making investment decisions.
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