Gate News Bot Message, March 5th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.18, up 7.51% in the past 24 hours, with a high of $0.19 and a low of $0.16. The current market cap is approximately $1.748 billion, an increase of $122 million from yesterday.
Pi is the first digital currency that can be mined on a mobile phone, utilizing breakthrough technology to achieve mining without battery loss on mobile devices. Pi Network aims to make cryptocurrency mining simple and accessible, featuring decentralization, mobile-first design, user-friendliness, and environmental friendliness. Users can start mining for free by downloading the official mobile app and receiving an invitation from existing trusted members. The project aims to create a secure, tamper-proof, and interoperable digital currency ecosystem.
Recent Important News about PI:
1️⃣ Key Milestone Approaching Boosts Market Sentiment
PI is nearing an important deadline, attracting widespread attention from pioneers. The approaching milestone has increased market participation and energized investor sentiment, serving as a key catalyst for the recent price increase.
2️⃣ Technical Recovery After Price Rebound
After a significant correction, PI has gradually undergone technical recovery and recently experienced a notable rebound. The strength of the recovery from the bottom indicates a positive shift in market sentiment, with increased investor bottom-fishing activity driving continued upward price movement.
3️⃣ Project Team Maintains Confidence with Clear Vision
The project founders continue to articulate and defend the project’s vision, emphasizing its unique positioning and innovative ideas. This firm stance helps stabilize long-term holders’ confidence and provides fundamental support for price stability.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Launchpad 12 Grid testnet launch, pioneer token distribution completed
Pi Network recently launched a token distribution test for the Pi Launchpad. More than 300k users participated, staking 24 million Test-Pi. The core architecture “12 Grid” enables end-to-end token delivery, and all transactions are publicly verifiable. This test confirmed the system’s feasibility and paved the way for a future official launch. The upgrade roadmap includes the PiRC1 framework and Protocol 23, which will be rolled out in April and May, respectively.
MarketWhisper14h ago
Pi Launchpad Testnet Begins 12 Grid Token Distribution Trial
Pi Network has taken another step toward building its ecosystem. A new update shows that its Launchpad feature has started testing token distribution on the testnet. This test uses a system called the “12-Grid.” While the name may sound complex, the idea is simple. It allows users to subscribe to a
Coinfomania04-08 18:02
Pi Launchpad Testnet launches 12-grid token distribution, Pi Network ecosystem takes a key step forward
Pi Network is testing its Launchpad functionality, introducing a “12-grid” token distribution system where users can obtain and verify tokens by subscribing to projects. Test results show the system is stable and supports future ecosystem development. Although it is still on the test network, it has already laid the groundwork for the project’s token distribution and smart contract applications. Overall, the project is moving toward a complete blockchain ecosystem.
GateNews04-08 09:51
Pi Network Launches Smart Vault, Marking the Arrival of the Trustless Trading Era
Pi Network has announced its new custodial smart treasury system, designed to securely hold funds and support a variety of trading needs such as NFTs, token transfers, and DeFi applications. The system manages the transaction flow through four on-chain state management mechanisms to ensure transparency and automation. Before the official launch, it will need to complete state machine definition and security audits; no specific date has been announced yet.
MarketWhisper04-08 06:10
“Insiders Dumping Everything Except Oil” Claim Hits Tape: BTC, PI, And XRP Reaction
A viral post claimed insiders were liquidating assets except for oil, reflecting traders' concerns about geopolitical tensions and macroeconomic stress. The narrative highlights oil's resilience amid cautious sentiment in crypto markets like BTC and XRP, impacted by factors like Trump's Iran threats.
LiveBTCNews04-07 16:37
Pi Network completes the first round of KYC reward distribution, with over 1 million validators helping power the mainnet launch
Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.
GateNews04-07 08:41
