*Binance faces criticism over the decision to list the (PI) Network* Binance left the decision to list the (PI) Network token to a community vote, which saw 86% in favor; however, the exchange has not confirmed its official listing until early March 2025.
Binance adheres to strict criteria for selecting its tokens, which include user numbers, technology robustness, community engagement, and market potential. The mainnet launch of the PI Network on February 20, 2025, and its growing global community, which spans several countries, strengthen its listing prospects. However, warnings from China regarding the listing of PI may complicate the process due to controversies.
Binance has a history of listing meme coins and popular tokens like Dogecoin and Trump Coin, which indicates its willingness to consider popular projects, but it has also faced criticism for sometimes being inconsistent in its decision-making, which could affect the chances of listing PI.
If $PI is listed, there could be a significant increase in its liquidity and price, as seen with other cryptocurrencies, but market conditions such as the recent 20% drop in price could influence Binance's final decision.
Binance’s decision to list #Pi Network’s PI token hinges on a community vote, which recently showed an overwhelming 86PI’s chances. A Binance listing could dramatically elevate #$PI’s liquidity and price, but recent price drops and overall market conditions could still sway the final decision.
ENA resulted in a loss for me, but I've chosen to hold onto it with the intention of recovering that loss.
CoinsProbe
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Ethena (ENA) Set to Unlock Major Tokens Today – Testing Key Support
Date: Wed, March 05, 2025 | 10:45 AM GMT The cryptocurrency market is showing signs of recovery today after suffering one of its sharpest sell-offs earlier this week. The key catalyst behind this turnaround is a statement from the U.S. Secretary of Commerce, hinting that former President Donald Trump may roll back tariffs on Canada and Mexico later today. Following this development, Ethena (ENA) has also returned to the green zone, registering noticeable gains ahead of its major token unlock event.
Source: Coinmarketcap However, despite this short-term relief, the token has already suffered a massive 69% correction in the last 60 days, severely denting investor confidence. Set to Unlock 39% of Circulating Supply One of the primary reasons for ENA's recent downturn has been the anticipation of today's major token unlock event. According to data from Tokenomics, Ethena is making its first insider unlock, which will release a staggering 2.07 billion ENA tokens—equivalent to 39% of its circulating supply—worth over $764 million.
Source: Tokenomics Here’s how the unlock distribution is structured: Core Contributors: 1.13 billion ENA (~$471 million)Investors: 937.5 million ENA (~$392 million)Ecosystem Development: 7.93 million ENA (~$3.32 million) This influx of unlocked tokens raises concerns about potential sell pressure, which could further impact price stability if large holders choose to offload their holdings. Testing Key Support From a technical perspective, Ethena (ENA) has been in a steady downtrend since the start of 2025 after facing rejection at its December high of $1.31. The bearish momentum has now pushed $ENA to its current price of $0.36, where it is testing a crucial support zone between $0.31 and $0.40 (highlighted in red on the chart).
Ethena (ENA) Weekly Chart/Coinsprobe (Source: Tradingview) If ENA manages to hold this support, a potential bounce could lead to a recovery rally, especially if it reclaims its 25 simple moving average (SMA). A confirmed breakout above this level could fuel a trend reversal, pushing the price toward $0.80 and beyond. On the flip side, if ENA fails to sustain this key support, the next major downside target would be around $0.23, which marks the bottom range of its previous trading structure (highlighted in grey). What’s Next? With 39% of ENA’s supply unlocking today, investors should be prepared for increased volatility. If demand absorbs the selling pressure, ENA could stabilize and begin a recovery process. However, failure to hold the key $0.31–$0.40 support zone could trigger another leg down. All eyes are now on how ENA reacts to this critical level and whether the broader market recovery can provide additional support. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
$WIF I invested $510 in WIF when it was trading at $1.36 in the spot market. However, the price has since dropped significantly, and it's now below $0.60, causing me to incur a considerable loss but I am still holding. I'm torn between selling now and waiting for the price to fall even further and buy back in, or holding on and hoping for a recovery. The fear of selling only for the price to rise afterward is making me hesitant. I'm not sure what the best move is, and I'm really struggling with the decision. Any advice?
#ElonMuskTalks #HarryBolz Elon Musk has changed his X (formerly Twitter) username to "Harry Bolz" again, sparking speculation and humor. This isn't his first time using the alias. The move comes amid his $97.4 billion bid to acquire OpenAI. Musk's online antics often generate buzz in the crypto and tech communities, with some even noting a boost to the Harry Bolz Coin.
Elon Musk has once again changed his X (formerly Twitter) username to “Harry Bolz,” sparking speculation and humor. This isn’t the first time he’s used the nickname. The move comes as he’s trying to acquire OpenAI with a $97.4 billion offer. Musk’s online antics often spark discussion in the crypto and tech communities, and some are even noting that it could boost the value of Harry Bolz Coin.
#ENA Ethena (ENA) has been experiencing a bearish trend, with its price decreasing in the past 24 hours and week. Despite this, the project's innovative DeFi approach, yield generation opportunities, and governance participation make it an interesting investment consideration. Investors should conduct thorough research, set clear goals, and diversify their portfolio. $ENA offers potential benefits from early adoption, but market volatility and ecosystem growth risks should be carefully consi
$XRP Bitcoin and Ethereum have deep liquidity and institutional interest. XRP and LTC would need stronger institutional backing. Precedents – If Ethereum spot ETFs succeed, the market could push for more crypto ETFs, possibly including LTC and XRP.
$XRP With increasing adoption, cutting-edge technology, and growing demand, could XRP see a significant price surge in the next crypto rally? What’s your opinion and prediction? #LTC&XRPETFsNext?
✌️As of February 11, 2025, XRP is trading at $2.49, reflecting a 2.46% increase over the past 24 hours. However, it has experienced a 3.33% decline over the past week. The current market capitalization stands at approximately $143.6 billion, with a 24-hour trading volume of $4.5 billion. COINBASE.COM Recently, XRP faced a 15% drop within 24 hours due to increased selling pressure, leading to bearish market sentiment. CCN.COM Despite these fluctuations, some experts suggest that holding 10,000 XRP could potentially lead to significant financial gains if the cryptocurrency's value appreciates substantially in the future.