Pi Network price continued its strong bull run in a high-volume environment as investors awaited Kraken’s listing today. Pi jumped to $0.2890, its highest level since September last year and about 122% above its lowest point this year. Kraken listing is boosting Pi Network price ahead of Pi Day. The main reason for the rise is that Kraken confirmed that it would list Pi today, March 13, at 15:00.
This listing comes at an important day as Saturday will be Pi Day, an event that commemorates the mathematical constant pi. It is commemorated by eating pi and mathematics events and competitions. In most cases, Pi Network normally makes some major announcements about the project on this day. These announcements often share the plans about the future of the project.
However, this time, the team will likely not have a lot to share as it already did on February 20th, which was the first anniversary of the mainnet launch. The upcoming Kraken listing is important as the company is one of the biggest crypto exchanges in the world, handling billions of dollars in assets a day. It also has millions of customers, mostly from the United States. While Pi Network has been listed since last year, it has largely not been available to American investors.
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