Gate News Bot Message, February 09 — According to CoinMarketCap data, at the time of press, PI (Pi) is trading at $0.15, up 0.51% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $9.14 million. The current market capitalization is approximately $1.295 billion, an increase of $6.54 million from yesterday.
Pi is the first digital currency that can be mined on a mobile phone, utilizing groundbreaking technology to enable mobile mining without draining the battery. Pi Network features decentralization, mobile-first design, and environmental friendliness. Through a free mobile app, users can easily participate in cryptocurrency mining. Mining is completely free and only requires an invitation from existing trusted network members to download the app and start mining.
Recent Important News about PI:
1️⃣ Mainnet Migration and Security Upgrade Progress
Pi Network has recently implemented a mainnet migration plan, simultaneously launching significant KYC (Know Your Customer) and security upgrade measures. This move aims to unlock millions of Pi coins for mainnet migration and further enhance the project’s security and compliance. Improving infrastructure like this helps boost investor confidence and lays a foundation for future ecosystem development.
2️⃣ Market Liquidity Facing Pressure
Pi Network is currently facing challenges with shrinking trading volume, and market liquidity is relatively limited. In this environment, price volatility is constrained. The 24-hour trading volume of only $9.14 million reflects insufficient market participation, and investors should monitor the trend of liquidity improvement.
3️⃣ Price Volatility Risks and Diverging Market Expectations
PI has recently experienced pressure from hitting a historical low in trading, with market expectations for its future trend divided. In the absence of major positive catalysts, the price struggles to establish a clear direction. Investors’ perception of the project’s long-term value still needs to be rebuilt through practical application and ecosystem development.
This message is not investment advice. Please be aware of market volatility risks when investing.
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
ChatGPT Predicts the Price of XRP and Pi Coin By the End of 2026
We used ChatGPT to take a look at where XRP and Pi Coin might be headed by the end of 2026, and honestly, the two outlooks couldn’t be more different.
One is quietly accumulating while whales load up. The other is stuck in a battle between ecosystem growth and constant sell pressure. Let’s
CaptainAltcoin2h ago
Pi Network Advances Toward Smart Contract Rollout
Pi Network has upgraded to Protocol 20, enabling smart contracts and apps on its network. This shift moves the focus from mobile mining toward real use cases. The rollout will be careful and gradual, including audits and community feedback before going live. Reactions are mixed, with excitement for growth and caution about past delays. The next phase involves testing smart contracts, aiming to establish real utility in the Web3 space.
Coinfomania10h ago
Pi Network Price Surge Outpaces Market, Protocol 20 Upgrade Boosts Market Confidence
Pi Network's recent price has risen to $0.198, outperforming the broader crypto market, primarily driven by capital rotation and the launch of a new token platform developed through Protocol 20 upgrades. Analysts point out that PI's gains reflect fundamental improvements rather than passive market influences. Going forward, PI's price movement will be affected by altcoin season indices and market sentiment, with $0.20 serving as resistance and $0.19 as support.
MarketWhisper17h ago
Top Crypto Performers of Today: $RIVER, $ETHFI, and $PI Dominate
The top 10 crypto gainers showcased significant price increases within 24 hours, led by River ($RIVER) at 15.20%. Other notable performers include ether.fi ($ETHFI) and Pi ($PI), each showing strong trading volumes and growth percentages.
BlockChainReporter03-22 09:35
Pi Network Launches Token Launchpad App on Testnet
Pi Network has released a new feature on its testnet. It has launched the first version of its Token Launchpad as a Pi App. This release was shared during Pi Day 2026. For now, it works with a test token, not real assets. The goal is simple. Pi wants users, called Pioneers, to learn how token launch
Coinfomania03-21 06:32
