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Pi Network Token Sees an Uptick Amid Global Economic Shifts

Pi Network Token Sees Over 5% Uptick Amid Trade Tariff Pause

byHarsh Chauhan
April 10, 2025
in Cryptocurrency News

The Pi Network token experienced an uptick of 5.3% in the last 24 hours, with its price reaching $0.5938 and peaking at $0.64 today, April 10, 2025, as per CoinGecko. The token experienced this uptick as global economic trade eased a bit, as U.S. President Donald Trump announced a 90-day pause on trade tariffs. This move has influenced various markets, including the cryptocurrency market.

Pi Coin 24 Hours Chart
Pi Coin 24 Hours Chart

Pi Network Community Optimistic About Future Prospects

The Pi Network, known for its large community of users who are known are Pioneers, has been a subject of interest in the crypto space due to its potential for growth and its recent mainnet launch.

Despite facing many challenges throughout its journey (includes increased token supply that has led to downward pressure on the price of the Pi Network token), the project and the community remains optimistic about the projects future prospects.

Crypto on-chain analyst, Moon Jeff, expressed optimism about the token’s recovery in a post on social medial platform X.

According to the tweet, the on-chain analyst suggests that the chart of the Pi Network is indicating a “curve V” scenario might be on the horizon, which signals a possible sharp turn towards rebound if similar market conditions and sentiments persists.

Moon Jeff optimistic about Pi Network Token recovery
Moon Jeff optimistic about Pi Network Token recovery

Pi Network with its large user base, the ongoing developments, and community engagement programs like PiFest, the token should be ready for a significant recovery if the market conditions are in favour of broader cryptocurrency market.

Exchange Listings

The token has not yet been listed on major cryptocurrency exchanges such as Binance, even though the token gathered a significant support from the community.

Over 2 million users had voted during the Binance listin community vote, in which 86% were in favour of the proposal. However, the exchange has excluded Pi Network due to its non-BNB Smart Chain status and concerns over transparency and regulatory compliance.

Pi Network and Binance listing
Pi Network and Binance listing

The main concern that has been raised by various exchanges is lack of transparency from the Pi Network’s team regarding its token issuance. There is no clear-cut information regarding the token issuance, locking and burning of the tokens. Due to lack of clarity in this matter, many of the exchanges are hesitant to list this particular token on their platform.

Pioneers on the other hand still think that if the token gets listed on major exchange, there could be a significant surge in the price of Pi Coin.

Also Read: Pi Network Moves 4M Coins to Exchanges, Sparks Price Concerns

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Harsh Chauhan

Harsh Chauhan

Harsh is a seasoned crypto journalist and editor at NameCoinNews. With a wealth of experience across various industries, he has extensively covered Crypto, Blockchain, Web3, NFT, and AI. Holding a Blockchain Foundation certification, Harsh consistently delivers timely updates and incisive analyses, capturing the essence of the crypto industry.

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