PI Network Coin has collected over 100% in the past 24 hours, attracting new attention as the potential binance of the community eyes goes public.
So the question becomes: is this a good time to buy $PI, or is there any other Altcoins that offer higher potential now?
85% of Binance users approved PI list
Shortly after the exchange was launched, Binance posted a poll on X asking its audience whether Pi Coin should be listed. 85% of respondents voted for listing, indicating strong support from the community.
The PI network was launched in 2019 as a decentralized blockchain, allowing users to mine cryptocurrencies from their smartphones. It transitioned to an open intranet on February 20, the first time traders have converted their PI into other cryptocurrencies or fiat currencies.
The project reports that 70 million users have registered their network, so the hype surrounding the release is no surprise. The Binance poll received 3.5 million views on X, while its average post on its account received about 10,000 to 500,000 views.
🚨just in: Binance community votes show that 85% of people vote, Binance should be listed $piwhile only 15% of people objected to listing $pi.#pinetwork pic.twitter.com/feykbqf5ga
– PI News (@pinewsmedia) February 22, 2025
Aside from the excitement, it was obvious that the project attracted others besides early adopters. This is a major problem because when miners liquidate their shares, the market expects sales pressure to be high and it is unclear whether they will buy demand to absorb it.
PI coins gather 100% today and do so in large volumes. Its 24-hour volume is $1.7 billion, exceeding Solana and Dogecoin.
Tokens have a lot of motivation, which can lead to further gains.
Analyst Target $2.5-$10 PI
One of the main problems surrounding PI coins is its inflated market capitalization, currently at $10 billion. However, PI still has a lot of room for growth compared to other cryptocurrencies with similar transaction volumes.
Furthermore, the network already has a large user base that places it in a dominant position in long-term growth. Users attract developers, and they produce products that attract more users.
The PI network now seems to have exciting prospects, which is why analysts predict more benefits in the future.
For example, popularist Moon Jeff suggests that the Pi Coin could hit $2.50.
$pi Pumps are inevitable.
The target is about $2.50.
You can scalp everything you want, but long-term holders will win. pic.twitter.com/skzy4lv01s– Moon Jeff 🪐 (@cryptoad00) February 23, 2025
Meanwhile, analyst Vega pointed to the upcoming binary company listing and said PI will reach $10, bringing it to a market capitalization of $66 billion. Although this is unlikely, due to the widespread focus on PI now, it cannot be ruled out.
The guy who called it a scam ended up buying the dip! 😂😂😂😂😂😂
Soon binance✅$pi -> $10
I will quote this tweet as soon as possible! pic.twitter.com/narcdigl5j
-Vega (@passbro0) February 23, 2025
However, the bullish situation is more likely to be the Pi Coin listing at $2.5, or shortly after Binance listing. However, traders must also think that PI coins are still a new and largely untested cryptocurrency. Whether the current focus can be maintained remains to be seen, so buying Pi coins is not without risks.
Can the Solana L2 Solaxy give greater rewards this year? ICO exceeds $23 million
Solvent It is a promising new altcoin that is currently being pre-sale. Since pre-sales are made at a fixed price, this may be a better alternative to Pi coins and has not been pumped yet.
Solaxy is building the world’s first Solana Layer 2 blockchain, making transactions on the web cheaper, faster and more reliable. The goal is to eliminate traffic congestion in Solana, open it to new use cases and adopt it further.
Although Solana is highly scalable, sudden spikes in on-chain activity often lead to the accumulation of unprocessed transactions. This results in longer waiting times and failed transactions. With Solaxy’s transaction bundling and chain-chain computing technology, this will soon be a non-problem.
The project is receiving great attention from top analysts. For example, Umar Khan from 99bitcoins even said it could be 100 times the price.
https://www.youtube.com/watch?v=A0QZ3752YCO
The pre-sale of the project shows great demand, raising more than $23 million so far. The current price is $0.001644, but will rise throughout the ICO, with the next rise in less than two days.
Therefore, those seeking the best price should not wait.
Visit Solaxy Presale
