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Will Coinbase list PI, or was it just another joke like Binance did with the emotions of millions of pioneers?


Paul Grewal, Coinbase Pi Network



    There has been growing speculation regarding the potential listing of Pi  Coin on Coinbase, sparked by a cryptic tweet from Paul Grewal, Coinbase’s Chief Legal Officer. On Pi  Day (March 14, 2025), Grewal shared an image of pies decorated with the Pi π , accompanied by the caption, “We take Pi Day at @coinbase very seriously.”

    This seemingly playful post has ignited excitement within the cryptocurrency community, particularly among Pi Network supporters, who view it as a subtle hint that Coinbase might be considering listing Pi Coin. The tweet’s timing and symbolic imagery have led to speculation that the exchange could be preparing to officially support the digital asset.

Market Speculation & Potential Impact

While no official confirmation has been provided by Coinbase as of today, the mere possibility of a listing has fueled discussions among traders and analysts. Some experts believe that if Coinbase were to list Pi Coin, it could lead to:

  • Increased liquidity – making it easier for users to buy, sell, and trade Pi Coin.
  • Greater mainstream adoption – exposure to millions of Coinbase users could enhance the coin’s credibility.
  • Potential price surge – a listing announcement often triggers speculative buying, potentially driving up the price.

However, skeptics warn against overinterpreting the tweet, emphasizing that Coinbase has not made any official statement regarding Pi Coin’s listing. The speculation is currently based purely on community-driven excitement and interpretation rather than any confirmed plans.

Predicting Pi Coin’s Price Increase if Listed on Coinbase: A Speculative Analysis

Predicting the exact price movement of Pi Coin if Coinbase lists it is inherently speculative, as it depends on multiple factors such as market sentiment, trading volume, Pi Network’s fundamentals, and broader crypto market conditions. However, based on historical trends and current speculation, we can analyze potential outcomes.

Historical Precedents of Exchange Listings

When a cryptocurrency gets listed on a major exchange like Coinbase, it typically experiences a significant price surge due to increased visibility, liquidity, and investor access. Examples include:

  • Litecoin (LTC) Listing (May 2017): LTC’s price jumped approximately 25% shortly after the announcement.

  • Ripple (XRP) Speculation (Late 2017 - Early 2018): Rumors of an XRP listing drove its price up by 50%, though it corrected when the rumors were debunked.

  • Other Listings: Various altcoins have experienced "Coinbase bumps" typically ranging between 20% and 50% in the short term, though outcomes can vary.

Current Market Context & Pi Coin’s Position

As of March 17, 2025, Pi Coin’s estimated price is around $1.40, according to social media posts and recent analyses. If Coinbase confirms a listing, we can project different scenarios:

Conservative Estimate (20-30% Increase)

  • A price increase of 20-30% would push Pi Coin to approximately $1.68 - $1.82.

  • This aligns with predictions such as CoinCodex’s $1.83 target by March 22, 2025.

Optimistic Estimate (50%+ Increase)

  • A more bullish scenario, fueled by Pi’s strong community engagement (over 4 million X followers) and pent-up hype, could lead to a price surge of 50% or more, reaching $2.10 or beyond.

  • Some analysts speculate that additional exchange listings (e.g., Binance) and positive market conditions could drive Pi Coin toward $4 - $10, though this is highly speculative.

Key Factors Influencing Pi Coin’s Price Movement

  1. Liquidity Boost

    • Coinbase’s vast user base (over 100 million accounts) could introduce significant new buying pressure.

  2. Community Hype & Speculative Interest

    • Pi’s mobile-mining model and its 60 million+ user base could amplify buying interest if early adopters and new investors join in.

  3. Broader Market Conditions

    • If the crypto market remains bullish (e.g., Bitcoin’s recent rally to $83,000), Pi Coin could benefit from positive sentiment.

    • A bearish market might limit gains or even negate a price surge.

  4. Supply & Token Unlocks

    • With an estimated 7 billion circulating supply (out of a 100 billion max supply), selling pressure from early miners could counteract demand and cap the upside.

Potential Downsides: Priced-In Effects & Market Corrections

  • If the listing is already "priced in" due to existing speculation (e.g., Paul Grewal’s Pi Day tweet), the actual announcement might lead to a smaller bump or a ‘sell-the-news’ dip.

  • Historical data shows some assets decline post-listing if initial hype outpaces fundamental demand.

Conclusion: What to Expect?

A Coinbase listing could reasonably drive Pi Coin’s price up 20-50% in the short term, reaching approximately $1.68 - $2.10 based on historical precedent and current market conditions.

  • Higher targets ($4 or more) would require extraordinary momentum, additional exchange listings, and a favorable broader market trend.

  • Without official confirmation, these remain educated guesses—closely monitor Coinbase’s announcements and market reactions.

Warning to Investors should remain cautious  dealing in crypto market  consider risk management strategies before making investment decisions.

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