Pi Coin Price Prediction: Binance Listing Rumors & Can PI Reach $10?

Pi Coin Price Prediction: Binance Listing Rumors & Can PI Reach $10?

Rumors of a potential Binance listing for Pi Coin on August 15 have ignited excitement in the crypto market. Many investors are wondering if PI could finally break out of its bearish trend and surge past $10. Currently, Pi Coin is trading around $0.42, down 86% from its all-time high.

Continuous token unlocks worth $5.3 million daily continue to pressure the price, as demand has not yet increased enough to balance market supply.

Why the Binance Listing Rumors Are Growing

The Pi Network community claims that “unusual activity” has been detected in Binance hot wallets, which could be related to listing preparations. In May, two Binance-linked wallets performed small transactions on the Pi Mainnet for KYC/KYB verification, fueling speculation, although there has been no official confirmation from Binance or Pi Network.

However, some analysts remain cautious. Pi Network is not fully open-source, has not undergone a third-party security audit, and has not officially announced a partnership with Binance. These factors could delay or prevent a listing.

Pi Coin Technical Analysis

PI’s price has been in a downtrend since late June, forming a falling wedge pattern. The $0.41 support level is currently critical; a breakdown below could trigger further losses due to low liquidity.

The RSI is in oversold territory (24), often a sign of seller exhaustion. If the Binance listing rumors materialize, Pi Coin could rally towards $0.665, representing a 62% upside from current levels.

Can Pi Coin Really Hit $10?

For Pi Coin to reach $10, mass adoption, continuous project development, and support from major exchanges will be required. A confirmed Binance listing could be the catalyst that changes market sentiment and pushes the price significantly higher.

Until then, the price action will largely depend on upcoming announcements and whether demand can offset the ongoing token unlocks that are weighing on the market.