Pi Coin has been steadily declining for the last few weeks. Its value has come down by about 8.45% in 1 day and in the last 1 month it has fallen by about 67.54%. The status of Pi Coin looks very negative at this time and its rank has fallen a lot. Pi Coin Value is the main reason for decline Is not the listing of Pi Coin on Binance.
Impact of Binance Record
Listing on Binance for Pi Coin meant that its access and trade could have increased, which could also increase its price. Binance Sq in a recent voting. But more than 295,000 people had given 86% support in favor of listing Pi Coin, but Binance has not yet made any official statement on it. If there was a list on Pi Coin Binance, it could have got more trading opportunities at the global level, which would increase its price.
Future and utility of pi communication
The aim of Pi Community is that it simplifies cryptocurrency and blockchain technology for everyone, especially through mobile phones. Pi Community is a social cryptocurrency, which gives developers an opportunity to make their apps and services and products on its blockchain. This platform gives users permission to mines Pi coin from mobile phones without any heavy investment. In addition, Pi Coin can be used in both online and offline trades.
Will Pi Coin be strong back?
Binance listing is the reason for the fall in the price of Pi Coin, but crypto investors hope to improve the situation in the next few months. If binance and other exchange listed pi coin, this can be a big opportunity for Pi coin. In addition, some upgrade made by Pi Community, such as KYC and Livelines exams can prove to be an important step to increase security.
How will the situation be in April of Pi Community
Financial Analyst, Crispus Nyaga believes if in April Pi coin record on binance Or if there is a Pi coin list on any other major exchange such as upbit, bithumb or coinbase, then its price can be seen. He says that this can be a big primary supply for Pi communication. Nyaga also believes that the entire performance of the Crypto industry can also improve the price of Pi Coin.
Most cryptocurrencies are likely to improve in April after the damage done in First Quarterly, when investors will try to buy a dip. The time will tell what will happen for Pi Coin in April, but if the crypto market improves and Pi Coin gets listing, investors can expect a possible growth in its future.
Conclusion
The Pi Coin has declined drastically in recent times, the main reason is the listing on Binance. Crypto analyst believes that if Pi Coin is listed on binance or other major exchanges in April, its price may improve. If the crypto market improves and Pi coin gets listing, investors may expect a possible growth in its future.
