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PI (Pi) fell 3.62% in the last 24 hours.
Gate News Bot News, June 30th, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.51, with a 3.62% fall in the last 24 hours, reaching a high of $0.66 and a low of $0.50. The current market capitalization is approximately $3.908 billion, a decrease of $147 million compared to yesterday.
Pi is the first cryptocurrency that can be mined on mobile phones. Its groundbreaking technology allows users to mine Pi on their phones without draining the battery. Pi adopts a decentralized design and is a secure, tamper-proof, counterfeit-proof, and interoperable digital currency. The project aims to involve more people in the cryptocurrency revolution, making cryptocurrency mining simple and accessible.
Important news about PI recently:
1️⃣ Pi2Day event draws market attention Pi Network held its annual Pi2Day event on June 28. During the event, an AI-driven no-code application builder was launched, along with a new community-led staking model aimed at promoting applications on the platform. These upgrades reflect Pi Network's commitment to enhancing user engagement and shifting the control of application discovery back to the community.
2️⃣ New Comprehensive Account Management Features in Pi Browser The Pi browser has launched a new comprehensive account management feature that allows users to manage their accounts within the Pi ecosystem. Users can now directly update account information, access ecosystem applications, manage KYC processes, and prepare for exchange integration through the Pi browser. This update aims to simplify the user experience and promote further decentralization of the network.
3️⃣ PI price continues to be under pressure Despite technological upgrades and ecosystem development, the PI price still faces downward pressure. The current price is encountering resistance around $0.55, making it difficult to break through. Technical indicators such as MACD and RSI show weakening momentum, suggesting that it may continue to be under pressure in the short term. Market participants' expectations for mainnet expansion, new applications, or development tools have not yet effectively boosted the price.
This message does not constitute investment advice; investors should be aware of market volatility risks.