Pi Network is experiencing rapid growth

The Pi Network (PI) token has seen significant growth, with its price rising more than 15% in one day, bringing it closer to the top 30 altcoins by market capitalization. This surge comes after a recent plunge to an all-time low of $0.407, which it reached on April 5. Subsequently, the price quickly recovered and is currently … Read more

Pi network comes to life

The Pi Network (PI) cryptocurrency saw a significant daily increase, with its price reaching nearly $0.65, although it subsequently settled slightly at $0.60. This growth represents approximately 6% appreciation in a single day and reflects broader positive developments in the cryptocurrency market. The market’s recovery has been driven primarily by the easing of global trade tensions, particularly due to … Read more

BANXA invests $19 million in Pi Coin

Global payments giant BANXA recently invested approximately $19 million to purchase more than 30.5 million Pi Coins. The move indicates the growing confidence of major players in the potential of Pi Network to become a major player in the digital payments space. With this acquisition, users can now directly purchase Pi through BANXA’s platform and easily transfer them to their … Read more

Optimism despite Pi Coin price drop

Despite the recent drop in the price of the Pi Coin cryptocurrency, Pi Network programmer and node operator John Lang expressed confidence in the future of the project. Lang stresses that the PiCoreTeam (PCT) is working hard to develop and implement new features that should strengthen the Pi Network ecosystem. Lang urges community members to keep their Pi Coins … Read more

Pi community proposes liquidity rescue plan

Pi Network is struggling with a significant drop in the value of its cryptocurrency Pi Coin, which is approaching the $0.30 mark. This situation has caused concern and frustration among users about the future of the project. In response to this crisis, an anonymous community member has come up with a proposal to create a Community-Driven Liquidity Pool (CDLP). … Read more

PI Coin bounced off the bottom

Coin, which became tradable on February 20, experienced a sharp drop shortly after hitting its all-time high of $3 on February 26. But that price didn’t last long and the token began to lose value quickly. The sell-off culminated yesterday, when the token fell to a new low of $0.54. This represents a drop of 82% in just … Read more

Hopes of recovery after the price drop

Pi Network recently received a significant listing on the BTCC Exchange, sparking new optimism among investors. The move comes at a time when the price of the cryptocurrency has faced challenges, falling as low as $0.68 but showing a slight recovery. It has seen a drop of 22% in the last week and 60% in the last month, with … Read more

Pi price drop with signs of recovery

Pi Network (PI) has seen a dramatic drop in value since its February launch on the main network, when the price dropped from nearly $3 to about $0.7925. This drop was due to the limited number of exchanges that have flooded the token, fears of an upcoming token release, and overall weakness in the cryptocurrency market. … Read more

Pi Network introduces email authentication and resumes migration to Mainnet

Pi Network has historically used phone numbers as the primary identifiers for user accounts. However, this approach has proven problematic due to the unreliability and cost of SMS authentication, particularly in light of geographic restrictions, telecommunications regulations, and various carrier policies. In response to these challenges, Pi Network decided to move to two-factor authentication (2FA) based … Read more

Technical analysis suggests a possible increase in the price of Pi Network

The price of the Pi Network cryptocurrency recently fell below the key support of $1. This decline reflects a broader trend in the cryptocurrency market, which has seen similar losses. However, analysts have identified the “Three Drive” formation, which is considered a bullish signal indicating a possible trend reversal and potential upside in the price of Pi Network. This formation … Read more