According to supposed insider sources, Binance may be preparing to list Pi Network on August 15, adding bullishness to the near-term PI coin price outlook with potential fresh demand.
The altcoin hovers around $0.42, down 86% from its all-time high as the market struggles to absorb the excess supply of token unlocks without a rise in demand to stabilise price moves.
Inflationary pressures continue to compound the effects of short-term speculative trading as tokens unlock at an average rate of $5.3 million PI per day, according to PiScan.
Pi Network token unlocks over the next 30 days. Source: Piscan.Could Binance List Pi Network on August 15?
While skepticism on the source’s credibility remains high within the community, Pi Barter Mall argues that past “unusual activity” in Binance hot wallets could indicate behind-the-scenes preparations.
In early May, two Binance-linked wallets became active on the Pi Mainnet, sending 1 PI for what appeared to be Know Your Customer (KYC) and Know Your Business (KYB) verification.
While neither Binance nor the Pi Network core team has issued an official statement, traders have been interpreting these moves as a potential prelude to a listing.
Despite growing optimism, analyst Kim H Wong has cast doubt on the likelihood of a listing in a recent x thread, citing key fundamental barriers.
According to Wong, Pi Network is not fully open-source, lacks a third-party security audit, and may not have established direct collaboration with Binance, all of which block listing approval.
PI Coin Price Prediction: Could a Binance Listing Push PI to $10
Binance listing rumors could be what the PI coin price needs to avoid a breakdown from the falling wedge pattern forming since late June, as early reversal signs begin to flash.
PI / USDT 4-hour chart, falling wedge. Source: TradingView, OKX.Early reversal signs are starting to emerge.
The RSI has plunged to an oversold 24 as holders rush to cut losses, often a sign of seller exhaustion and a possible entry point for buyers.
However, the MACD continues to widen below the signal line, pointing to sustained bearish pressure and limited buy-side momentum.
This puts heavy focus on the current retest of the 1.168 Fibonacci extension at $0.41, the final major support before a deeper breakdown.
If renewed listing speculation sparks a sentiment shift, Pi Coin could rebound toward the 0.5 Fibonacci level, a key accumulation zone where stronger demand typically surfaces.
A breakout from there could target the late June high of $0.665, representing a potential 62% upside, though that move may depend heavily on a Binance listing to fuel volume.
While the long-term $10 target remains a hot topic among holders, reaching it would require a major leap in adoption, continued development, and broader exchange support to evolve Pi beyond its current speculative phase.
If $0.41 fails to hold, PI could fall into a low-liquidity zone with little historical buying interest, increasing the risk of accelerated downside.
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