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Cryptocurrency News Articles
Pi Network News Evolves with New dApp Approvals and Token Purchases, Building Momentum for Consensus 2025.
Apr 26, 2025 at 07:04 pm
Pi Coin, once a rising star in the crypto space, has faced significant setbacks recently, with its price plummeting nearly 80% from its peak of $3.
Pi Network is making progress with new dApp approvals and token purchases, setting the stage for Consensus 2025.
The listing of Pi Coin on Binance remains uncertain, but the growing community support is speculating on the possibility.
Pi Coin, once a rising star in the crypto sphere, has encountered significant setbacks recently, with its price plummeting nearly 80% from its peak of $3. This drop has ignited concerns over the project’s legitimacy, liquidity, and exchange support.
The suspension of Pi trading on BitMart a month ago, due to pending KYB (Know Your Business) approval for 1:1 Pi swaps, has particularly hampered its accessibility.
BitMart Resumes Pi Coin Trading
Crypto expert Dr. Altcoin shared that BitMart has resumed trading Pi after a month of suspension. This move could help the Pi Coin price recover and potentially reach the $1 mark.
Additionally, an official KYB approval for Bitmart might be on the horizon, which could further bolster investor confidence in the future of Pi.
Bitmarthav ecommenced tradingin PI after 1 month of suspension. This is good news for those who have been following this story. Hopefully, this will push the price of PI to at least $1 again. Or we might finally get that Bitmart KYB approval.
Recently, Banxa, a major fiat on-ramp provider, suspended transactions for Pi, merging the balances from the last two days.
According to Dr. Altcoin, Banxa had previously purchased millions of Pi at a low price, and they will return even stronger once the KYB approval is granted. This potential rebound could also coincide with a price surge, further fueling the optimism among Pi investors.
Pi Network Exchange Listing
While Pi Network has garnered attention, its absence from major exchanges like Binance, Coinbase, and Kraken has significantly limited its exposure and demand.
The listing speculations are growing, with the Pi logo recently appearing in a post on HTX’s platform, rumors have sparked about a potential listing.
These moves, though promising, aren’t enough to fully lift the project’s visibility and trading volume on the global stage.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 by the end of this year.
The post Pi Network Gears Up for Consensus 2025 with dApp Approvals and Token Purchases, Binance Listing Hopes Soar appeared first on AZCoin News.
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