Pi Network to $5.55? Analysts Say This Key Catalyst Could Send It Soaring

Pi Network has slumped by 10% today, with its drop to $1.34 coming as the crypto market as a whole loses 2% in the past 24 hours.

PI has now lost 54% since reaching an all-time high of $2.99 on February 26, with the coin failing to regain momentum after a strong mainnet launch on February 20.

Yet the possibility of a Binance listing could propel the coin back to its former heights, with some analysts and holders arguing that it could rise to $5 or even higher during the current market cycle.

While timings are always uncertain, there’s little question that Pi Network remains one of the most popular new tokens in the market, and that its strong community gives it a very positive long-term price prediction.

Pi Network to $5.55? Analysts Say This Key Catalyst Could Send It Soaring

Despite losing more than half of its post-listing value, Pi Network arguably remains the top-20 coin with the biggest rally potential, simply because of the possibility of listings from Binance and other major exchanges.

Part of the reason why it has come down in the past couple of weeks is precisely because Binance seems to be hesitating or delaying over a potential listing, having already held a community vote which was overwhelmingly in favor of adding PI to the exchange’s trading options.

$PI will be listed in Binance.
86.2% of the eligible users have voted yes.
2Days until the vote closing. #PiNetwork pic.twitter.com/NU6J8bMv2O

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