The craze of Pi Network is at a different level in the crypto world. Since this coin came on exchanges like Bitget, HTX, and XT.com, people thought that the price would go up. But in reality, the opposite happened – the price crashed from ₹2000 to ₹37 (IOU market rate). This raises a question – why did the price fall so much?
Let’s understand step by step.
IOU Listing vs Real Coin – The Biggest Confusion
First of all, it is important to understand one thing – Pi is not officially traded on Mainnet yet. The exchanges on which Pi is listed (like Bitget, XT.com) are offering IOU tokens. IOU means “I Owe You” – that is, when the real coin comes in the future, then it will be settled.
These IOU tokens have not been allowed by the official Pi Network team.
The Pi core team has clearly stated: No Pi coin is real on the exchange until the Open Mainnet is established.
So the people who are trading right now are not betting on the actual coin but on a speculative token. Due to this uncertainty, the price crashed.
Price Pump Expectation – Wrong thinking of people
This is common in the crypto community – hype is created at the time of listing, and people buy the coin quickly. The same thing happened with Pi Network:
People thought that listing on Bitget = price will rocket
People started buying Pi up to ₹1000+ due to FOMO (Fear of Missing Out)
But when they realized that this was not a real Pi coin, the selling pressure increased
Result: Price crashed up to 90%+.
Binance Listing – Will it become a game-changer?
Binance is the biggest crypto exchange in the world. If Pi Network gets listed on Binance after Open Mainnet, then some major things can change:
1. The Trust Factor will increase
Binance listing means that the project has shown a strict audit, team verification, and a real use case.
2. Real Liquidity will come
Right now, the liquidity in the IOU market is fake. Real buying and selling will happen on exchanges like Binance.
3. User Confidence
Millions of Binance users will invest in Pi coin if the project seems trustworthy. This can lead to a real price pump.
Pi Network Team’s Plan – When will the Open Mainnet come?
So far, the Pi core team has clearly said that:
When the KYC process is 100% complete
When the ecosystem is ready for real-world usage
Then the Open Mainnet will be publicly launched
As of now, the Open Mainnet has not been launched till July 2025, so the question of Binance listing also seems to be a little later, and I closely observe Pi Network 2023, the team has been working slowly, but one day Pi Network can shine in crypto, wait and patience is importanta
Will the price go back?
This question is on everyone’s mind. If we talk realistically, it will depend on a few things:
Successful Open Mainnet Launch
If the launch goes smoothly and millions of Pioneers use their Pi, then the price can definitely pump.
Ecosystem Adoption
The more merchants, services, and apps that accept Pi, the more the demand will increase.
Supply-Demand Balance
If everyone starts selling their Pi, the price will go down. But if people hold or use it, the price can become stable or bullish.
Top Exchange Listing (Binance, KuCoin)
When the real Pi coin comes on trusted exchanges, only then will genuine investors be attracted.
What should be done in Pi Network now?
If you are a Pioneer, then there is no need to panic:
Complete your KYC
Activate the referral team
Continue mining until Open Mainnet comes
Stay away from fake trading (from IOU markets)
If you are an investor and thinking of buying Pi, then wait for the real coin. IOU token is a risky bet.
Final Verdict – Will there be a pump after Binance Listing?
Short answer – Yes, if a Binance listing happens with the real Pi coin, then the price will definitely pump. But:
This is possible only when the Pi Network team follows a transparent roadmap
The ecosystem shows real adoption
People should focus more on usage than speculation
Binance listing is just a milestone, but real growth will come only when people use Pi in the real world.
Conclusion: Pi Network’s price is falling right now – but the future can be bright
Crypto lovers, it is normal for the price of Pi Network to fall right now because the IOU market creates fake liquidity. The real price will be formed when Open Mainnet + Real Exchange Listing + Real Utility come.
Till then, keep patience, be a part of the ecosystem, and keep your mined Pi safe.
What is your opinion?
Do you think Pi coin will be a big player in the future?
Also read the Ethereum ETF News.
FAQs:
1. Why has the price of Pi Network fallen so low?
The price of Pi has fallen because the official Open Mainnet has not been launched yet. Many people are selling on fake exchanges without real value, which is why there is panic selling in the market.
2. Is Pi Network listed on Binance?
No. Binance has not officially listed Pi Network. Whatever Pi token is seen on Binance or any other exchange, it is the IOU (I Owe You) version – that is, trading is happening only for speculation, it is not connected to the real Pi blockchain.
3. When the original Pi is listed on Binance, will the price increase?
If a big exchange like Binance lists Pi with a real mainnet, the price can definitely pump. But this will also depend on the adoption of the network and the user base.
4. Is it right to invest in Pi Network right now?
If you are investing with a long-term vision and understand the risk, it would be better to wait until the Open Mainnet is officially launched. Till then, the investment can be risky.
5. Is Pi Network a scam?
No, till now, Pi Network has not given any such signal that it is a scam. The team is active, the roadmap is clear, and it is building a real community. But every crypto project has some risk, so it is important to do your own research.
Muddu – Crypto Enthusiast & Analyst
Muddu has been actively involved in the crypto world for more than 3 years, closely tracking Bitcoin, altcoins, and emerging blockchain projects. With hands-on experience in crypto trading, market analysis, and following global regulations, he simplifies complex crypto trends into easy-to-understand insights for readers.
Through FastCryptoBuzz, Muddu aims to bring honest, research-driven, and timely crypto updates that help readers stay ahead in the fast-moving digital asset space. His mission is to make crypto knowledge accessible to everyone – from beginners to seasoned investors.
“Crypto is not just about coins, it’s about building the future of finance.” – Muddu