From $2 to $5? Pi Coin’s 300% surge excites investors

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Pi coin jumps

Pi Coin, the cryptocurrency of the Pi Network, has seen a huge jump in price over the last few days gets people excited as it has grown faster than popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. In just six days, its price has increased by 293%, reaching $2.62. Many investors are excited about it’s future , because there is a chance that Binance, one of the biggest cryptocurrency exchanges, might add Pi Coin to its platform.

There are several reasons behind this price surge. One major factor is the ongoing voting process on Binance, where most people are in favor of listing Pi Coin. If Binance officially adds Pi to its platform, its price could rise even higher, possibly crossing $5 due to the large number of traders on the exchange.

Another reason is the launch of the “Open Network” by Pi Network on February 19. This new system allows other platforms to connect with Pi’s ecosystem, creating more real-world uses for the coin. With more transactions happening and more people adopting Pi, demand for the coin has increased.

The limited supply of Pi Coin also plays a role in driving up the price. Although 10 billion Pi Coins have been mined, 6.5 billion have been transferred to wallets, and nearly 5 billion are locked, meaning they cannot be sold for now. This leaves only about 1.5 billion Pi available in the market, making it scarcer and more valuable.

Another interesting factor is that the top Pi holders, including major cryptocurrency exchanges, are selling fewer coins. They originally held 250 million Pi Coins, but this has only slightly decreased to 245 million. Since they are not selling much, the price is less likely to drop.

Many experts believe that if Pi gets listed on Binance and other major exchanges, its price could rise even further, possibly reaching $20–$30 by March 14, a date known as “Pi Day.” Currently, Pi Coin is the second most popular cryptocurrency on CoinMarketCap, and if the platform updates its rankings, Pi could enter the list of the world’s top 20 cryptocurrencies.

However, not everyone is convinced about Pi’s success. Some experts, including Bybit CEO Ben Zhou, have warned that Pi Coin might be risky. They compare it to a potential scam that could harm investors, especially older ones. Pi Network has denied these claims, saying they are working on building a real blockchain system that people can use in their daily lives.

Looking ahead, the future of Pi Coin depends on several factors. If more major exchanges list it, its price could continue to rise. The growing number of businesses and apps accepting Pi as payment also helps its adoption. However, some investors are waiting to see whether the price will keep going up or if it will drop due to market corrections.

With its increasing popularity and new developments, Pi Coin remains one of the most talked-about cryptocurrencies in 2025. However, like any investment, it’s important to stay informed and be cautious before making any financial decisions.

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Vishnu Sankar, a designer and cryptocurrency expert, is known for his detailed research and timely updates on digital assets.