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Pi Token Surges on CoinMarketCap Listing Amid Binance Uncertainty

Coin WorldFriday, Mar 7, 2025 8:58 am ET
1min read

This week, the cryptocurrency landscape witnessed significant developments, particularly with pi Network’s PI token securing a listing on CoinMarketCap. This milestone is expected to enhance the project’s visibility and credibility within the digital asset space. However, the enthusiasm surrounding this achievement is tempered by the ongoing delay in securing a listing on Binance. The community has shown considerable support for the project during Binance’s community voting process, but uncertainty persists regarding the final decision.

Pi Network commands a substantial following, with over 4 million followers on X (Twitter), indicating a growing interest in the token and the project as a whole. This support is crucial as the project navigates the challenges posed by the delayed Binance listing. The community’s engagement and the CoinMarketCap listing are positive indicators for the future growth of PI Coin, despite the current uncertainties.

In parallel, US President Donald Trump proposed the establishment of a US Crypto Reserve, which includes cryptocurrencies like XRP, Cardano (ADA), and Solana (SOL) as potential assets. This initiative aims to strengthen the nation’s position in the competitive blockchain landscape. The proposal has elicited mixed reactions from industry experts, with some arguing that it could provide stability and enhance the regulatory framework for digital currencies, while others view it with skepticism.

Trump’s push for greater integration of cryptocurrencies within national financial systems is further underscored by his executive order aimed at creating a Strategic Bitcoin Reserve. This reserve is planned to be funded through seized Bitcoin assets, highlighting the administration’s focus on solidifying the US’s strategy regarding digital assets. The executive order details that Bitcoin, often referred to as “digital gold” due to its scarcity and resilience, may offer a strategic advantage for the US as one of the first nations to formalize a Bitcoin reserve. However, critics argue that the executive order lacks concrete enforceable measures and is more about leveraging public interest in cryptocurrencies for political gain.

In exchange news, Binance has placed 10 altcoins under review, generating significant market speculation and anxiety among investors. The review, prompted by regulatory concerns and low liquidity for these assets, has resulted in increased market volatility. Among the tokens under scrutiny, GoPlus Security (GPS) faced a dramatic price drop following the announcement, attributed to newly instated Monitoring Tags on the asset. As Binance pointed out, the price decline was linked to atypical market behaviors observed shortly after

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pimppapy
03/07
Binance reviewing 10 altcoins keeps investors on edge. Regulatory concerns and low liquidity are a toxic mix.
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Euro347
03/07
Pi Network's visibility up, but Binance listing drama continues.
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Ecstatic_Book4786
03/07
Trump's crypto reserve could be 🚀 for adoption
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solidpaddy74
03/07
@Ecstatic_Book4786 Do you think it'll pump soon?
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ZestycloseAd7528
03/07
Binance reviews got me 🤔. Some dips are testing the resolve of HODLers. What's your play?
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joaopedrosp
03/07
@ZestycloseAd7528 What's your timeline for HODLing? Are you eyeing short-term flips or long-term gains?
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HotAspect8894
03/07
CoinMarketCap listing is a big W for Pi Network, but Binance uncertainty lingers. Keep an eye on that volatility.
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Repa24
03/07
Trump's crypto reserve idea has mixed reactions. Stability or hype? Only time will tell. 🤔
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big_nate410
03/07
@Repa24 Stability or hype? IDK, time'll tell.
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elpapadoctor
03/07
Binance review got me 🤔. What's next for these alts?
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