The largest cryptocurrency exchange, Binance, has implemented significant changes to its altcoin listing process, generating excitement among Pi Network supporters.
With the aim of establishing a transparent, secure, and fair system, Binance’s new regulations have reignited discussions about the possibility of listing Pi coin.
Binance’s Listing Process Redefined
In an official announcement, Binance revealed that its altcoin listing rules have been thoroughly updated. The exchange will now adopt a more transparent and systematic approach in evaluating projects. The main goal is to incorporate high-quality projects onto the platform in a fair and secure manner. Under the new system, projects can be listed in three distinct categories: Binance Alpha, Futures, and Spot Trading. Each category has its own specific evaluation criteria.
Binance Altcoin Listing Process
Binance Alpha offers a special testing ground for early-stage projects. Coins listed in this section can be easily bought and sold by users without the need for a special wallet. Projects that successfully complete the Alpha phase will gain an advantage for direct inclusion in larger listings.
Futures listings will focus on market activity. Coins must achieve high trading volumes, maintain reasonable price fluctuations, and ensure project teams are transparent in coin management.
Spot Trading will typically be reserved for projects that have proven themselves in either Futures or Alpha. Here, Binance will also emphasize community support, price stability, and trading activity.
Excitement Peaks for Pi Coin Listing
Pi Network community’s anticipation for a Binance listing has intensified following these developments. In a Binance survey conducted on February 17, users were asked which altcoin they wished to see listed. The results were striking, with 85% of participants voting “yes” for Pi coin.
While Pi coin has not yet officially been listed on Binance, the strong community support is fueling expectations. Many users believe that the listing is merely a matter of time.
Pi coin’s price movements are also attracting attention. Despite Bitcoin
$94,330 surpassing $95,000, a two-month high, Pi coin has shown relatively stable performance recently, trading around $0.65. Technical indicators suggest that Pi coin is preparing to test resistance levels at approximately $0.825. Should buyers enter the market, there are forecasts for the price to climb towards $1.
Conversely, should selling pressure increase, there is a possibility for Pi coin to break lower support levels, potentially falling to around $0.50. Investors should closely monitor these critical levels.