Pi Coin, formerly a rising star in cryptographic space, recently faced significant setbacks, its price falling by almost 80% compared to its $ 3 peak. This drop has raised concerns about legitimacy, liquidity and support for project exchanges.
The PI suspension exchange on Bitmart a month ago, due to the approval of Kyb (know your business) for Swaps 1: 1 ft, particularly embarrassed its accessibility.
Bitmart takes over the trading of Pi parts
Pi Coin resumes the business on Bitmart. Crypto expert, Dr. Altcoin shared that this decision could help the price of the PI room to recover and potentially reach the $ 1 bar. In addition, an official Kyb for Bitmart approval could be on the horizon, which could further strengthen investors’ confidence in the PI future.
Banxa suspended the Pi transaction
Banxa, a major ramp supplier, recently suspended Pi Coin transactions, citing approval of the KYB pending. This decision has reduced liquidity and has created additional obstacles for users who seek to buy coins with Fiat.
Dr. Altcoin noted that despite this reverse, Banxa had previously bought millions of PI at a low price and could return stronger once the approval has been granted. This potential rebound could also coincide with prices overvoltage, which increases optimism among PI investors.
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Pi network exchange list
While the PI network has drawn attention, its absence from major exchanges such as Binance, Coinbase and Kraken has considerably limited its exposure and request.
List speculation is increasing, the PI logo appearing recently in an article on the HTX platform, fueling rumors of a potential list.
These movements, although promising, are not enough to fully raise the visibility of the project and the volume of trading on the world scene.
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Binance has not yet officially confirmed a list of PI networks, but strong community support during the recent voting of the Binance has increased the chances.
If the bullish feeling argues, the PI value could reach as high as $ 2,1007 This year.
Pi Coin is listed on 12 exchanges, notably OKX, Bitget, Mexc, Gate.io, HTX, Coinex, Lbank, Digifinex, Coinw, GCB Exchange and Pionex.
