PI (Pi) fell 7.83% in the last 24 hours

2025-11-04 05:59:38

Gate News Bot news, on November 4th, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.22, falling 7.83% in the last 24 hours, with a high of $0.29 and a low of $0.22. The current market capitalization is approximately $1.852 billion.

Pi is a digital currency that can be mined on mobile phones. Its groundbreaking technology allows users to mine Pi on their phones without draining the battery. The goal of the Pi Network is to create a decentralized cryptocurrency and smart contract platform powered by everyday people. Pi is a secure, immutable, counterfeit-resistant, and interoperable digital currency designed for mobile devices, friendly to users and the planet.

Important news about PI recently:

1️⃣ Testnet DeFi Functionality Expands Ecosystem Pi Network has launched new features on the testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swaps, liquidity mining, and other DeFi operations. The introduction of these new features indicates that Pi Network is actively expanding its ecosystem and laying the groundwork for future DeFi applications on the mainnet.

2️⃣ Strategic Investment to Expand AI Application Scenarios The investment arm of Pi Network, Pi Network Ventures, has made a strategic investment in OpenMind, and the two parties will jointly build a decentralized operating system for robots. This move is expected to expand the application scenarios of Pi Network and enhance its influence in the fields of AI and robotics technology.

3️⃣ Market sentiment fluctuations affect short-term performance Recently, the overall cryptocurrency market has experienced significant volatility, and PI, as an emerging project, is more susceptible to market sentiment. The 7.83% fall within 24 hours reflects the instability of short-term investor confidence, but it remains within the recent range of fluctuations.

From a technical perspective, the PI price has found some support around $0.22. On the fundamental side, Pi Network continues to advance ecosystem development and strategic partnerships, but it is still in the development stage, and its long-term value awaits further market validation.

This message is not intended as investment advice; investors should be aware of market volatility risks.

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