When will Pi’s price go back above $2?
The PCT is unlocking 174.792 million coins in the next 30 days, according to data published on Piscan.io.
The selling pressure will be high till March 23 because 105.1M coins are unlocked in 7 days; we can expect the selling pressure to drop a little after that, as only 69.6M coins will be unlocked in the next 23 days.
After 23 March, Pi’s price can rebound. I expect the price to hang in between a $1.6-1.9 range, hitting $2 occasionally.
After April 6, the number of coins unlocked decreases further for a week. This is when I hope Pi will run over the $2 mark!
When can we expect a Binance listing?
Binance had hinted about the ‘Task’ phase, the size of a big slice of pie, that should be completed for ‘the dream’ to come true.
Pi is not fully decentralised yet. The PCT, from what we know so far, have a habit of not rushing into things. Recently, I played PiGame on Pi’s ecosystem and I loved it! Many other dApps, the utilities for a strong eco-system in future, are still work in progress. From how it looks, I think it will be another 3-6 months before we start realising those apps to their full potential.
The plan, I believe, is to create a solid foundation, before the PCT releases the project from their clutches and gives the power to network validators. I assume we can only hope for a Binance or CoinBase listing after this.
How is Pi’s name doing in the market?
Pi has landed with a massive impact. But word is only still spreading. Despite having one of the biggest market caps, a major chunk of crypto-related news desks haven’t even started to report on Pi. We will know the difference after exchanges like Binance or CoinBase decide to list it.
(Please do your own research before investing)
