The price of Pi Network could skyrocket if it gets listed on a stock exchange.🚀🪙💥💪

Short selling is a process by which investors and traders seek to profit from the decline of an asset. The practical approach involves borrowing a cryptocurrency, selling it, and then buying it back later at a lower price, pocketing the difference.

Short selling is riskier than buying an asset, as its price can rise indefinitely in a process known as a "short squeeze." For example, if you borrow Pi Network at the current price of $0.67 and it skyrockets to $10, you will incur a loss of $9.33 per token.

The main reason to avoid Pi Network is that it could experience a sudden contraction if it receives a listing on a stock exchange. This is noteworthy since Pi, despite its large size, is only listed on a handful of exchanges such as OKX and MEXC.

Therefore, there is room for significant listings on exchanges, particularly from companies like Binance, HTX, Coinbase, and Upbit. Such a move would likely trigger a significant short squeeze, as we have seen in recent months.

For example, the price of Orca rose over 200% in a day after being listed by Upbit. As we wrote earlier, the price of DeepBook also increased by more than 150% after being listed by Upbit and Binance Futures.

Pi Network is a more popular coin than Orca and DeepBook, which means that a 500% increase cannot be ruled out.#pi #PiCoreTeam