Despite the fears of price drop around the commercial price of the $ Pi token, cryptographic investors showed a high level of confidence in the PI Network Crypto Token project.
Summary
- Pi Network will unlock $ 308 million in tokens of $ Pi this month.
- The $ Pi Token increased 20% in the last 24 hours.
- Some token lovers of $ Pi expect a sudden announcement of Binance tokens pi listed.
PI Network is an infamous cryptographic project that originated in 2019 with the concept to provide the best alternative to the Bitcoin blockchain network and allow people to extract token from $ Pi through the mobile token pi mining application directly without using any type of high -cost computer/GPU equipment. In some countries, this cryptographic project was labeled as a Ponzi scheme.
According to the programmed token discover Plan, the Pi network team will unlock a 188 million Pi tokens, almost $ 308 million at the current commercial price of this token, this month.
Many cryptography experts called this great supply unlock a great fear point for tokens investors of $ Pi, since it can seriously block the commercial price of this token.
Despite such negative news around the $ Pi token, the commercial price increased 20% in the last 24 hours. At the time of publishing this report, the commercial price of the $ Pi token is $ 1.65.
However, some people called him price manipulation, but many cryptographic investors said there are a large number of people around the world who support this file.
The current market capitalization of this token is $ 11.81 billion, with a commercial volume of $ 799.82 million. With all these statistics, the token of $ Pi is located in 11 positions throughout the cryptographic space.
Binance vs Pi Token
In February, many people speculated that Binance would soon launch Token of $ Pi, and also most of Binance’s clients supported this cryptographic project to appear on the Binance platform.
On March 14, the Pi Network team will celebrate the sixth anniversary of the Token Pi project, and Token Pi lovers are thinking that Binance can list this token with a sudden ad.
Bitcoinik.com readers should know that no official statement regarding the tokens Pi list reached the public domain for the Binance Crypto Exchange, so do not make any blind financial decision with respect to this token.
Last month, many people showed their opposition to this cryptographic project, calling it the Ponzi scheme and the obsolete cryptographic project with meaningless concepts and meaningless people.
$ Pi token migration is already live
In recent years, after multiple promises around Pi Network Blockchain Development News, the project team behind Pi Network asked users of the Token Pi application to complete their KYC levels to obtain eligibility to move the token in the exchanges.
KYC’s verification levels were very complicated to approve, but in recent days, some Crypto X users have confirmed that they managed to migrate the token from the application to encryption exchange, but there is a two -week blocking period.
Read also: What is the ETF Spot XRP? When does XRP ETF approve?
Discharge of responsibility: In Bitcoinik.com we present the most recent information in the encryption market. However, this information should not be considered as financial advice and viewers must consult their financial advisors before investing.
