The Pi Network has recently resumed trading on the BitMart platform, capturing significant attention among market participants.
This event highlights the altcoin‘s efforts to reclaim the $1 level, alongside the overall positive sentiment within the market.
BitMart Transactions and KYB Approval
Dr. Altcoin noted that Pi Network is back in action on BitMart. It was indicated that transactions previously suspended due to the KYB approval process may soon continue with official confirmation.
Dr. Altcoin: “Pi Network’s trading on BitMart has resumed, and official KYB approval may be forthcoming.”
Pi Coin
Another noteworthy development is the hints suggesting that the HTX platform may list Pi Network. The appearance of the altcoin’s logo in posts has fueled speculation about increasing market interest.
Dr. Altcoin: “HTX’s inclusion of the Pi logo indicates strong interest in the altcoin.”
The Pi Network team has been actively purchasing tokens from various platforms to reduce selling pressure in the market. Reports indicate that the team is collecting millions of coins through a private wallet to support price stability.
Dr. Altcoin: “The team is making token purchases to alleviate market pressure and support the price.”
Moreover, efforts continue to broaden the token’s utility. The approval of the decentralized application FruityPi showcases the team’s intention to foster collaboration with projects within the crypto ecosystem. Other applications are expected to be announced soon.
With developments targeting the psychological $1 level, positive expectations are emerging in the market. Some analysts even project that the altcoin’s price could rise to $5, garnering attention.
Moon Jeff: “The Pi coin price could reach up to $5.”
These developments, highlighted within the news, are supported by the Pi Network’s renewed trading activity across different platforms. The team’s proactive efforts are being observed as steps toward expanding both the market and the utility of the digital asset. Participants are encouraged to assess these developments in light of their own evaluations.
