The Pi Coin‘s price has been a subject to rapid fluctuations. This is marked by a sharp decline recently. The price of the Pi Coin has fallen 58.49% in the last 30 days. Pi Network’s Open Mainnet was launched officially on February 20, which enabled users to transfer their PiCoin outside the network for the first time.
With this launch, this coin was listed on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX. Pi Coin’s price witnessed significant crash following its mainnet launch, with the price soon falling by about 55% to around $1 and further crashed. Before the launch, some investors were trading PiCoin at very high prices, up to $200. Moreover, this created unrealistic expectations about it.
Major cryptocurrencies, including Pi Coin, and Bitcoin are continuously declining. The decline comes despite the Donald Trump established the US Crypto Reserve. The market reaction to the US Crypto Reserve news was somewhat disappointing, as investors had anticipated the US would inject new funds into the cryptocurrency market, rather than just setting aside existing assets, as per the media reports.
Latest Price And Market Capitalization Of Pi Coin
Currently at Binance, apiece of Pi Coin is priced at $0.717421 with a 24-hour trading volume of $309.45 million. PiCoin’s market capitalization currently stands at $6.77 billion, according to Binance. Moreover, PiCoin is 1.68% down in the last 24 hours.
How To Buy?
Mine It On Mobile
- Download and install the Pi Network app.
- Tap the lightning bolt icon to start mining Pi.
- After 3 days, add 3-5 trusted friends to increase your mining speed.
- Share your referral code with friends to earn even more Pi.
How To Buy And Trade It?
Now that Pi Coin is listed, buying and selling is quite easier. Here’s how to get started:
- Sign up on a supported exchange like CoinDCX, OKX, or Bitget.
- Verify your identity (KYC process).
- Add funds to your exchange wallet.
- Buy Pi Coin and start trading.
