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Cryptocurrency News Articles
Pi Network (PI) Token Is Getting Ready to Launch on Major Crypto Exchanges
May 03, 2025 at 06:54 pm
Pi Network has been in the spotlight for years. It was built around a mobile mining model that promised easy access to crypto.
Pi Network has been a hot topic in crypto circles for a while now. It was built around a mobile mining model, aiming to make crypto accessible to a broad audience. Millions of users joined early, hoping to get in on a token that would have lasting value after its mainnet launch.
Now, the network is getting closer to being listed on major exchanges. That shift could bring a new wave of interest to Pi Network, especially with the initial coin distribution rapidly approaching.
Ahead of the exchange listings, early users are focused on what the token will be worth when it goes live on Binance and other large exchanges. Some are expecting a huge price jump, considering the size of Pi Network’s user base. However, others are more skeptical, expecting the token to drop in value due to increased supply and varying user behavior.
But as the crypto space evolves, investor attention is changing. Many are now keen on observing projects that launch with real-world features already integrated. One such project is Dawgz AI, a new Ethereum-based meme coin that's making waves with its unique take on combining blockchain and artificial intelligence. It showcases the growing interest in tokens that start with clear use cases, not just hype.
Pi Network Overview: Why It’s Still Being Mined
Pi Network introduced a unique approach to cryptocurrency mining by allowing users to mine Pi coins directly from their smartphones. This method, known as mobile mining, is powered by the Stellar Consensus Protocol (SCP). It enables users to earn Pi without needing energy-intensive hardware or significant technical knowledge.
Since its launch in 2019, Pi Network has managed to build a substantial user base, with millions engaging in the network's mining process. The project's emphasis on accessibility and inclusivity has attracted users from diverse backgrounds and geographical locations.
Despite the anticipation surrounding Pi Network's transition to the Open Mainnet, which was officially launched on February 20, 2025, the platform continues to encourage mobile mining. This ongoing mining activity keeps users engaged and expands the network's footprint as it integrates with external exchanges and applications.
Current Market Sentiment and Price Speculation
According to CoinGape, as of early May 2025, Pi Coin is trading in a range of $0.59-$0.63, showcasing a period of consolidation following recent volatility. Technical indicators, such as the Relative Strength Index (RSI) hovering around 42, suggest that the coin is approaching oversold territory, which may attract buyers.
Analysts have identified key support levels at $0.61 and resistance around $0.70. A sustained move above $0.66 could signal a bullish trend, potentially pushing the price toward $0.73-$0.75. Conversely, a drop below $0.58 might indicate further downside risk.
Market sentiment remains cautious, with investors closely monitoring upcoming exchange listings and project developments. The anticipated listing on major exchanges, such as Binance, will significantly influence Pi Coin's price trajectory.
Analyst Opinions: Will Exchange Listings Boost Price or Pop the Bubble?
Analysts are divided on Pi Network's future as it approaches more exchange listings. Some predict a price surge, while others warn of potential declines due to market dynamics.
CoinCodex suggests that Pi Coin could reach $2.02 by the end of May 2025, contingent on favorable market conditions and increased exchange listings. Similarly, CoinCentral notes that Pi Coin is currently trading around $0.61, with analysts forecasting a potential rise to $5 by May 2025. This prediction is driven by events like the Consensus Summit and the possibility of listings on exchanges such as HTX.
However, concerns exist regarding the upcoming unlock of $139 million worth of Pi tokens in May, which could exert downward pressure on the coin's price. This influx of tokens may lead to increased selling and contribute to price volatility.
In summary, while exchange listings could enhance Pi Coin's visibility and accessibility, they also introduce risks associated with a broader user base and potential liquidity issues. As investors capitalize on arbitrage opportunities, they might switch their focus to other coins, affecting Pi Coin's price in the process.
Dawgz AI and the Rise of Utility-Based Meme Coins
Meme coins are beginning to look different in 2025. Traders still enjoy the fun and community that bring people together around a token. But many are also interested in seeing new projects offer usable features. This shift has pushed new projects to combine entertainment with working technology from day one.
One of the clearest examples of this change is Dawgz AI—a meme coin built on Ethereum that adds utility through artificial intelligence. Its goal isn’t just to follow the latest trend but to give users something they can use, like tracking markets and making trades automatically. The token is priced at $0.004, and over $3.39 million has already been raised in
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