Pi Network Live News Today: Pi Coin Launched, Check Launch Price, Exchange Listings and More

Pi Coin, launched at the price of $1.50, quickly soared above $2, few minutes after the launch. It remains to be seen if the coin will continue rising.

Pi Coin is set to launch on major exchanges like OKX and CoinDCX, and the excitement is building in the community. The Pi Mainnet will go live at 1:30 pm IST (8:30 am UTC) on February 20. Over 10 million users have completed their KYC and are ready to move their Pi coins to the mainnet.

Dr. Picoin on X shared that Pi Network is about 120 times faster than Bitcoin, with a block time of just 5 seconds, compared to Bitcoin’s 10 minutes per block. They added that moving to the Open Network will greatly increase the number of transactions per block.

Reports suggest that Pi Network will begin its launch today with only 1 billion out of 6.1 billion tokens immediately available for trading. The rest will be locked in users’ wallets for months or years. This limited supply, coupled with massive demand—especially from Binance—could send the price skyrocketing.

Pi Coin gained major attention after its PI/USDT trading pair was listed on a major exchange. The coin surged by an impressive 106%, surpassing the $100 mark. However, following a recent rise to $92, Pi Coin has experienced a sharp decline, losing 55% of its value and is now trading around $33.

Several centralized exchanges, including OKX, Bitget, Bitrue, HTX, and BitMart, have confirmed they will list Pi Coin at launch. Bitget is offering a $60,000 Pi airdrop pool until March 3, while BitMart is running a $3,000 USDT giveaway for 300 users.

According to ET Now, as the Open Mainnet launch approaches, Pi Coin has gained strong momentum, doubling in price and nearing $100. The coin has been following a falling wedge pattern, often seen before a breakout. If it breaks above $100, it could rise to $150, $200, or more, driven by higher liquidity, new exchange listings, and growing adoption.

When Binance lists a coin, the buying pressure can go through the roof, and historical trends show that prices can skyrocket—sometimes by up to 50x or 100x in a short period of time. The question on everyone’s mind now is: How high will Pi Network’s price soar when it hits the market?

Pi Network took to social media and said that only few hours left for Open Network’s launch at 8:00AM UTC today. “The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means Pioneers will be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s utility and reach,” they wrote.

Binance, one of the most trusted and widely-used exchanges globally, will likely bring in massive trading volumes. Its community of global investors could push the price higher, especially given that a small percentage of Pi tokens will be available for trading at launch. The scarcity of available tokens combined with Binance’s influence could create the perfect storm for exponential price growth.

The much-anticipated Pi Network (PI) is gearing up for its mainnet launch and the big news keeps rolling in. The latest updates suggest that Pi Network will debut with a high price tag, and Binance’s involvement may have a huge role to play in this.