Pi Network (PI) News Today July 25th
Main Idea
Pi Network (PI) has introduced new features like a 'BUY' button in its wallet and expanded ecosystem tools, but its token performance remains weak with significant price declines and rising exchange balances.
Key Points
1. Pi Network introduced a 'BUY' button in Pi Wallet, enabling direct purchases of PI, alongside new features for exchanges and Mine Pi for Free.
2. The ecosystem includes Pi Browser (a decentralized web platform) and Pi App Studio (a tool for building dApps without technical expertise).
3. PI tokens on exchanges reached a new all-time high of over 400 million, with nearly 50% held on Gate.io, indicating upcoming token unlocks.
4. PI's price is approximately $0.44, down 85% from its all-time high of $3, with analysts divided on short-term prospects—some predicting further decline, others a potential rally to $1.
5. Speculation persists about a potential Binance listing, which could boost PI's liquidity and visibility, though no official application has been confirmed.
Description
Despite underperforming during this bull run, Pi Network (PI) remains an intriguing topic in the world of crypto. In this article, we will touch upon the most recent developments surrounding the project and observe the price dynamics of its native token. The Latest Updates Pi Network’s ecosystem comprises numerous features, as the team frequently announces updates related to them. Earlier this week, Pi Wallet (a digital wallet that allows users to store, send, and receive PI tokens) introduced a...
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