Pi Network price on OKX exchange today

Pi Network price fluctuates before 'G hour'

Before the listing, the Pi Network team announced that the network would open at 3:00 p.m. on February 20 (Vietnam time). However, from 2:00 p.m. on the same day, the OKX exchange allowed users to place price discovery orders for Pi coins.

Crypto investment expert and consultant Nguyen Ha Minh Thong said: "Trading is not officially allowed yet, but this is a form of pre-ordering, like pressing a number - placing a reservation, waiting to be traded."

Immediately after the network was opened, the Pi price continuously fluctuated between 1.3 and 2 USD/Pi. Information from the OKX exchange showed that the starting listed price was 0.1 USD/Pi, but due to high demand, the price quickly increased to the current level. Minh Thong commented: "Users are competing to 'reserve' to buy Pi around the price of 2 USD/Pi. From there, the official listed price may actually be higher than about 2 USD/Pi".

According to expert Minh Thong, the current total supply of Pi is 6.3 billion Pi. He predicts that if half of the Vietnamese population participates in "mining" Pi, each person will own about 126 Pi, enough to reach the price of 1 USD/Pi. However, with the participation of users worldwide, the expected price can reach 7 USD/Pi. He also believes that the actual total supply in the future of Pi Network can reach up to 100 billion Pi.

The strong fluctuations in Pi price are explained by the selling pressure from miners and black market traders, along with the buying pressure from "Pi players" who believe in the potential of Pi. Minh Thong shared: "The virtual currency market has never been as vibrant as it is now. If the price is kept at this level, the "black market traders" who have collected the goods before will face big losses."

Exchanges Listing Pi Network Today

As of 3:30 p.m. on February 20, Pi has been listed on exchanges such as OKX, MEXC, and Bitget. However, Binance has yet to list Pi, surprising many investors.

A lot of events are being run to welcome Pi Network to the exchange, like Bitget is offering a $60,000 airdrop pool to Pi users until March 3, while BitMart is running a $3,000 USDT giveaway for 300 traders.

Investor Uyen Thy commented: "The strong buying force is around 1-1.2 USD, which means that at this price, the cash flow is ready to join in to buy Pi. Strong resistance is around 1.6 USD. If the selling force runs out, the stronger buying force will break this price zone. If it breaks 2 USD, there will most likely be a new fomo cycle."

The Pi coin listing event has created a wave of excitement in the "Pi player" community. Mr. Hoai Duong (Hanoi) shared: "We had to hold our breath to wait for the moment. The feeling of suspense, anticipation and emotion. For "Pi players" like me, Pi coin is also the belief we choose."

Note: The information in this article is for reference only and should not be considered investment advice. Investors should conduct their own research and consider carefully before making a decision.