Since its launch in 2019, Pi Network’s PI coin has been one of the most talked-about digital assets online. Its popularity surged as millions of users began mining it through the Pi Network mobile app. While its real-world utility remains limited, the community has long held onto hope that PI would eventually be listed on major exchanges.
Recently, anticipation has been growing, with many eagerly awaiting the coin’s official launch. Speculation reached a new high when rumors began circulating that Binance—the world’s largest crypto exchange—was preparing to list PI. These rumors intensified after a viral post on X (formerly Twitter) claimed that PI had been listed on Binance on June 2, complete with a screenshot showing its price on the Binance app. However, the excitement was short-lived, as both Pi Network and Binance confirmed that the post was false and no such listing had occurred.
Pi Coin has seen a 67% drop in value over the past year. However, a potential listing on Binance could trigger a sharp price surge. We've seen similar reactions before—when Pepe Coin was listed on Binance in December 2024, the memecoin quickly skyrocketed to a new all-time high following the announcement.
When people see prices rising fast, they often rush in. This is called FOMO or simply fear of missing out. Nobody wants to miss a quick profit. So the market will see more buyers jump in, with hopes that they’re not too late.
"What Happens When Binance Lists a Coin? 🚀📈"
If Pi gets listed, millions of users who mined the token may rush to sell their holdings immediately. At the same time, new buyers eager to get in early could fuel a buying frenzy, potentially driving the price up sharply. However, such hype-driven pumps are often short-lived.
History has shown this pattern before—Pepe Coin, for example, surged after its Binance listing but later plummeted by 81% within days. It took nearly three months for the market to regain enough momentum for a recovery.
This pattern is very common in crypto space and is known as a “pump and dump.” Sellers who were early to the market can make gains, but late buyers may lose money as the price falls.
One more recent example is Hamster Kombat (HMSTR). The famous tap-to-earn game had over 300 million users tapping their phone screen to earn the token. When its token launched, it had lots of hype too, but the price crashed over 50% in just a few days after. Many blamed it on poor token distribution and early profit-taking. Still, those who lost their money were in the millions
Another major risk arises if Pi gets listed not only for spot trading but also for futures. Futures trading allows investors to bet on a coin’s price going down—a strategy known as shorting. When a large number of traders begin shorting a coin, it can create significant downward pressure on its price.
If enough people start betting against Pi, the price could crash—even if overall interest remains high. We’ve seen this before with tokens like SUI and APT, which experienced rapid declines after their futures listings. Initial excitement quickly gave way to heavy shorting, leading to steep price drops.
In the crypto market, sentiment can shift in seconds. While a Binance listing would certainly bring massive attention to Pi, it's crucial for traders to stay alert to what might unfold in the hours or days that follow—making informed decisions instead of emotional ones.
Community Reaction on PI Coin Binance Listing
Meanwhile, some users in the Pi community are actually against the listing right now. In one recent poll on X, many Pi users voted “no” when asked if they want PI Coin listed on Binance. They say the network is not ready.
One big issue is KYC. Users need to pass KYC checks to unlock their Pi. But many say they’ve been stuck for months. Some say they lost access to their coins or were muted after complaining in forums. Until these problems are fixed, some users say listing Pi too early would hurt the project.
Also, there was a time when Binance held a “Vote to List” contest. It was meant to allow users to vote for the tokens they want to get listed. Pi did not make it to the list. So it’s safe to say that the exchange might only be focusing on just tokens with good trading volume for now. Moreover, Binance has strict rules for listings. A project must meet certain standards before being listed.