Pi Coin Price Drops 7% Amid Binance Listing Hopes

Pi Coin has once again captured the attention of the cryptocurrency community. After a period of stability around $0.53, the token has seen renewed interest following the mixed reactions to Pi2Day 2025. Despite some online speculation that the update caused a price drop, the Pi Coin price only slipped from approximately $0.56 to $0.52, remaining within the $0.50 range. This fluctuation does not constitute a crash.

Recent developments have sparked renewed excitement. According to a tweet from Pi Network News, Binance is expected to list Pi Coin after June 28. Additionally, ZyptoApp has expressed support for the token and is accepting transactions in Pi. This news has raised the question of what impact a Binance listing could have on the price of Pi Coin.

On-chain activity indicates that significant players are making moves. One wallet, labeled W5F and reportedly created by Banxa, has acquired over 1.5 million PI tokens. There is a strong belief that major investors are quietly accumulating Pi Coin while the price remains low. Another wallet has also started accumulating Pi, receiving 910,000 Pi from OKX and now holding a total of 1.5 million Pi.

Despite some disappointment with the Pi2Day update, the Pi ecosystem continues to grow. Users are staking their Pi, utilizing no-code AI tools to develop applications, and increasing their visibility within the Pi app directory. This engagement suggests that the network is more than just hype; users are actively participating in the ecosystem.

However, there is a potential challenge on the horizon. Around 276 million Pi tokens are set to unlock between late June and July, representing approximately 3.7% of the supply and valued at over $215 million. Historical data shows that similar unlocks have led to significant sell pressure, with prices dropping by 30% to 77%. This could result in a volatile period for Pi Coin, even if it is listed on Binance.

According to an analysis by GPT, if Pi Coin is listed on Binance with significant hype and volume, its price could surge to between $0.80 and $1.10 in the short term. If staking and utility follow, this range could extend to $1.50 to $2.00. Conversely, if the listing is low-key with minimal buzz, the price might remain between $0.65 and $0.85. However, if the listing coincides with a broader bull run, the price of Pi Coin could potentially reach $3 or more, driven by both whales and retail investors.

The next few weeks will be crucial for Pi Coin. The outcome will largely depend on whether the Binance listing materializes. If it does, it could trigger the most significant price movement the token has ever seen. However, the upcoming token unlock and the lack of major updates until December introduce risks. Whether involved in staking, building, trading, or simply observing, the coming weeks could be pivotal for Pi Coin.