Gate News Bot Message, February 10th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.14, down 4.56% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume is $13.2 million. The current market cap is approximately $1.239 billion.
Pi is the first digital currency that can be mined on mobile phones, utilizing breakthrough technology to enable mining on mobile devices without draining the battery. Pi Network aims to make cryptocurrency mining simple and accessible, providing a decentralized, secure, tamper-proof, and interoperable digital currency. The project adopts a mobile-first design that is user- and environmentally friendly, requiring no large-scale electricity consumption. Users can start mining through a free mobile app and join the network simply by receiving an invitation from existing trusted members.
Recent Important News about PI:
1️⃣ Mainnet Migration Progresses but Market Confidence Remains Limited
Pi Network is advancing the mainnet migration, lifting restrictions on millions of tokens, and implementing KYC and security upgrades. These infrastructure improvements were expected to support project development, but market reactions to these updates have been underwhelming, and the price has not rebounded effectively.
2️⃣ Long-term User Dissatisfaction Builds
Since the project’s launch seven years ago, early participants have expressed dissatisfaction with the progress and fulfillment of promises. The prolonged waiting period has damaged community confidence, and users’ negative sentiment towards the core team’s management of expectations may exert ongoing pressure on market sentiment.
3️⃣ Price Continues to Decline to New Lows
Despite frequent network updates from the project team, PI’s price remains weak and has even hit new lows. This indicates limited market recognition of Pi Network’s fundamentals, and investor valuation expectations are trending downward.
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
PI Token Maintains Bullish Trend as Anticipation for Pi Day Grows
PI token trades above $0.21 after rallying over 25% in the past 7 days as anticipation for the upcoming Pi Day on March 14 grows.
PiScan recorded 3 million PI deposits to exchanges in 24 hours, suggesting near-term profit taking which could reverse the bullish trend.
Pi Network’s PI token tr
CryptoNewsFlash4h ago
Mainstream CEX Listing Pi Coin Countdown, Market Bullish Sentiment Heats Up Before Pi Day
Pi Network community receives positive news with mainstream exchanges listing Pi coin on March 13, with market attention surging dramatically. Technical analysis shows PI/USDT in an uptrend with strong buying pressure, though short-term pullback risks warrant attention. This event could drive Pi coin to break through current price levels and form a new wave of upward momentum.
GateNews4h ago
Pi Coin Forms Bullish Pennant as Volume Surges Ahead of Pi Day and Network Upgrade
Pi Network's native token has risen for three consecutive days to trade near $0.2325 on March 11, 2026, approaching its year-to-date high of $0.2363 as trading volume surges past $40 million.
CryptopulseElite5h ago
