Currencies35340
Market Cap$ 4.39T-1.94%
24h Spot Volume$ 104.67B+5.41%
DominanceBTC55.22%+0.55%ETH12.02%-1.31%
ETH Gas0.18 Gwei
Cryptorank

Pi Network Launches DeFi Tools as PI Token Trades 90% Below ATH


by Peter Mwangi
for CoinEdition
Pi Network launches DeFi tools and AI App Studio as PI price nears oversold
  • Pi Network launches Testnet DeFi tools to shift 60M users from participants to builders.
  • Token creation feature targets utility-based projects, avoiding speculative asset models.
  • Pi trades at $0.2695 with bearish indicators, RSI near oversold and MACD showing weakness.

Pi Network rolled out new development features on its blockchain Testnet in a bid to shift its 60 million users from passive participants into active builders. 

The upgrades, which include a decentralized exchange, automated market maker pools, and token creation functions, arrive at a critical moment, with Pi’s token trading nearly 90% below its all-time high. The move raises the question of whether real functionality can restore confidence after steep losses.

Related: After Six Years, Is the Pi Network Finally Delivering?

Developers and Community Begin Testing Features

The Pi Core Team c…

Read The Full Article Pi Network Launches DeFi Tools as PI Token Trades 90% Below ATH On Coin Edition.

Read the article at CoinEdition

Read More

Why is Pi Coin Price Crashing Despite Broader Crypto Rally?

Why is Pi Coin Price Crashing Despite Broader Crypto Rally?

Pi Coin keeps drifting near $0.26 even as global crypto capitalization climbs past $4...
PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

Detail: https://coincu.com/analysis/pumptober-crypto-market-dumps-but-big-rebound-exp...

Pi Network Launches DeFi Tools as PI Token Trades 90% Below ATH


by Peter Mwangi
for CoinEdition
Pi Network launches DeFi tools and AI App Studio as PI price nears oversold
  • Pi Network launches Testnet DeFi tools to shift 60M users from participants to builders.
  • Token creation feature targets utility-based projects, avoiding speculative asset models.
  • Pi trades at $0.2695 with bearish indicators, RSI near oversold and MACD showing weakness.

Pi Network rolled out new development features on its blockchain Testnet in a bid to shift its 60 million users from passive participants into active builders. 

The upgrades, which include a decentralized exchange, automated market maker pools, and token creation functions, arrive at a critical moment, with Pi’s token trading nearly 90% below its all-time high. The move raises the question of whether real functionality can restore confidence after steep losses.

Related: After Six Years, Is the Pi Network Finally Delivering?

Developers and Community Begin Testing Features

The Pi Core Team c…

Read The Full Article Pi Network Launches DeFi Tools as PI Token Trades 90% Below ATH On Coin Edition.

Read the article at CoinEdition

Read More

Why is Pi Coin Price Crashing Despite Broader Crypto Rally?

Why is Pi Coin Price Crashing Despite Broader Crypto Rally?

Pi Coin keeps drifting near $0.26 even as global crypto capitalization climbs past $4...
PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

Detail: https://coincu.com/analysis/pumptober-crypto-market-dumps-but-big-rebound-exp...