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Are OKX and MEXC Delisting Pi Coin? Analyst Reveals Truth

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Credit : coinpedia.org

Pi -Netwerk is once more central in controversy, whereas rumors unfold over giant exchanges which are planning to scrap the token. Hypothesis grew after alleged stories claimed that OKX would droop new borrowing for Pi/USDT -Marge pairs and the Munt would utterly cancel on 27-28 August. Such a motion would scale back liquidity and falling institutional belief.

The rumors shortly led to panic amongst pi-holders, lots of whom are already annoyed by repeated delays within the Mainstet launch and rising doubts concerning the long-term imaginative and prescient of the undertaking. For some, the “pioneer” dream of constructing a group -driven digital forex seems to be fading.

Market analyst Dr. Altcoin, nevertheless, got here in to calm buyers and clearly acknowledged that the cancellation rumors are incorrect. He confirmed that PI continues to behave actively with strong volumes on each OKX and MEXC.

“The rumors about scrapping Pi from OKX or MEXC aren’t true! Pi continues to actively act with wholesome volumes on each OKX and MEXC,” he wrote.

What’s the subsequent step for Pi Coin Value?

But the worth of Pi tells a distinct story. The token at the moment trades round $ 0.34, a lower of greater than 2% within the day, and solely two days in the past it set a brand new $ 0.3304 low. This marks a pointy lower of 88% in comparison with its peak of $ 2.98 in February 2025. Whether or not Pi can bounce again above a very powerful resistance ranges and tries to recuperate $ 1 stays unsure.

Consultants aren’t even about the place the PI community goes. Some suppose that the worth might rise to round $ 1 towards mid -2025 and even contact $ 4 if the mainnet is lastly launched and KYC works nicely. Others warn that if PI doesn’t stay above $ 0.38, this might fall again to $ 0.30, with extra losses attainable from token -disconnecting.

READ  As ETH Soars, Analyst Explains Why Supply Shock Seems ‘Inevitable’

Most agree that 2025 will determine the way forward for PI, whereas long-term predictions differ from $ 0.48 to $ 1.75, relying on the adoptive and alternate allessions.

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