Pi Network (PI) Price Rises Before Ecosystem Announcement

Pi Network is slated to announce on May 14.

While not listed on Binance, the community hopes for the best.

The PI price rose 11%.

The Pi Network community has long wanted Binance listing. The Pi Network ecosystem is slated to reveal today, and the community is excited.

Pi Network said on X on May 8 that a Pi ecosystem announcement would be made on May 14.

The 2019 crypto mining project Pi Network lets people mine the PI currency on their phones. Pi employs a consensus mechanism developed from the Stellar Consensus Protocol (SCP) to mine without using much energy or hardware.

Pi Network users are “Pioneers.”

After a brief slump, PI prices rose today and continue to rise.

Pi Price Rises
This post is written while PI is up 11% in 24 hours and trading at $1.23 with a market valuation of $8,77 billion.

A 24-hour PI volume exceeds $753 million.

PI's price rose from $0.58, when it had a market valuation of almost $4 billion, in the preceding week. PI peaked at $1.6 on May 12 with a market value of around $11.39 billion before dropping.

On February 27, PI attained its ATH of over $2.94 and a market worth of almost $19.4 billion.

Pi Network Community Wants Binance Listing
Today, PI's price continues to rise ahead of the project team's big announcement.

Pi Network supporters had hoped for a Binance listing, however the exchange has not yet, likely owing to project controversies.

Binance has tight regulations for listing new projects, but it also uses user votes to list.

Whether Binance lists the digital asset is unknown

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