The PI network, with a community of 60 million users, is in massive panic while Pi Coin blocks 15% per day, continuing its weekly losses to more than 40%. The price now oscillates about $ 0.55, many in the community see a potential list of Coinbase as the only way to recover. But will that happen anytime soon?
Pi Coin Coinbase List – Only Hope
Pi Network storm the crypto world in February, generating a media threw that most cryptocurrencies can only dream. However, after Faced with several refusals Major exchanges, the Pi Coin price collapsed.
Meanwhile, Binance remained silent about Listing Pi, the community focuses on Coinbase. IP day on March 14, Coinbase’s legal leader, Paul Grewal, Tweeted the pi logofeed rumors of a potential list.
Coinbase generally examines community support when adding new parts. With 60 million users, Pi Network has strong support, which could help its chances. Thus, an ad could bring more buyers and push the PI room to $ 1.
Could the chip burn help Pi Coin?
Although a list would be a major boost, some people think that another approach could help, by reducing supply by burning pi tokens. The reduction in the offer of tokens available could provide more stability to the price and arouse a renewal of interest.
If no measure is taken soon, some users could leave the ecosystem looking for better opportunities elsewhere.
Pice Prix Perspectives
Since its initial launch, Pi Coin has lost almost 72% of its value, from $ 2 at its current level of about $ 0.51. However, technical indicators show that PI is in a surveillance area, with the RSI at 29 years old. The MacD also remains in the negative, indicating that sellers have always control.
If Pi Coin fails to recover the level of support of $ 0.60, analysts predict that the next major support could be as low as $ 0.40. For the moment, all eyes are on Coinbase to see if he will offer a PI rooming buoy in difficulty.