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PI (Pi) has pumped 3.06% in the last 24 hours.
Gate News Bot news, on November 27, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at 0.25 USD, with a rise of 3.06% in the last 24 hours, reaching a high of 0.26 USD and a low of 0.23 USD. The 24-hour volume has reached 50.2 million USD. The current market capitalization is approximately 2.105 billion USD, an increase of 6.25 million USD compared to yesterday.
Important recent news about PI:
1️⃣ Strategic cooperation to expand game ecology Pi Network has formed a strategic partnership with the gaming platform CiDi Games, and is making a strategic investment through Pi Network Ventures. CiDi Games will deeply integrate Pi as the core medium for payments, transactions, and incentives within the platform, and will develop APIs and infrastructure to support other games in the Pi ecosystem. This collaboration is expected to drive the expansion of Pi's application scenarios in the gaming field, enhancing its practical value.
2️⃣ Positive market sentiment drives price rise Recently, the cryptocurrency market has shown an overall warming trend, and PI, as an emerging project, has also benefited from this positive atmosphere. The price of Pi has risen by approximately 15% this month, significantly outperforming Bitcoin's nearly 20% decline, demonstrating strong market resilience and investor confidence. This negative correlation allows PI to maintain a rising trend even in a weak market environment.
3️⃣ Large investors continue to support The technical indicators show that large wallets continue to support the rise of PI prices. The Chaikin Money Flow ( CMF ) indicator has reached a higher high, reflecting that large investors are continuously accumulating PI. As long as the CMF indicator remains above the trend line, the support from large investors will still be present, and it is expected to maintain the rebound momentum of PI.
From a technical perspective, the PI price is fluctuating within the range of $0.24 to $0.26, and a breakout above this upper range may trigger further rise. However, the volume indicator shows that market participation still needs to improve, and investors should closely monitor volume changes to assess the sustainability of price movements.
This message is not intended as investment advice; investors should be aware of market volatility risks.