Pi Network Reaches 120 Million Downloads, Price Approaches 1 USD

robot
Abstract generation in progress

Pi Network has surpassed 120 million downloads worldwide, demonstrating the strong appeal of DeFi. In just the past 30 days, there have been an additional 1.3 million new users. The project, founded by Stanford PhDs, currently has over 55 million members and aims to create a fair financial system for everyone.

Banxa has received K.Y.B approval to sell Pi Coin globally, opening up wide buying and selling opportunities. Previously, Banxa purchased over 30 million USD worth of Pi.

However, the price of Pi Coin is currently under pressure, hovering around 0.58 USD. To regain momentum, it needs to break through the 0.60–0.62 USD range with strong volume. Weak technical indicators are causing traders to be cautious as large Token unlocks continue to occur.

Pi Coin once peaked at $2.90, but then the price dropped significantly, causing many to doubt the project. However, the network's development pace remains significant. The coming weeks will be crucial for Pi's price direction, but for many in the Pi community, the long-term vision is more important than short-term price movements.

Thank you for reading this article!

Please Like, Comment and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!

PI0.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)