The world of cryptocurrency has once again witnessed a stir, when Pi Community’s token Pi Coin made a place in the list of top 20 digital assets by registering a faster of more than 72% in the last 48 hours. According to COINGECKO data, Pi Coin Value had reached $ 1.43 on May 12 at 2:00 pm (EST), which was the highest level since 16 March. At the same time, with an increase of more than 100% in seven days, its market cap crossed $ 9 billion and it reached 17th position.
However, by the time the news is written, the pi coin value has fallen to $ 1.08, which shows a decline of 15.52% in the last 24 hours. Its market cap is $ 7.64 billion and a 24 -hour trading volume has reached $ 1.98 billion. Despite this, the recent rally has made PI an effective option for both Investors and Crypto Market.
With the hope of big announcement, Pi Coin made a place in Manage 20
There is already excitement in the market regarding a large ecosystem announcement made by Pi Community on 14 May. On 8 May, Pi Community indicated this possible announcement on X, but it did not share much details about it. Despite this, only on the basis of signal Pi Coin Value showed a big jump before the announcement of May 14 It is clear that users are quite optimistic about the upcoming projects of PI Community.
Apart from this, there are also discussions that the world’s largest crypto exchange binance may soon list to Pi Coin. Although Binance has not yet listed the Pi Coin, the main reason behind which the distribution model of tokens and low trading volumes are being described. But the expectations have increased further in view of the recent rally and high trading volume.
New features in Mainnet, participation of more users
Pi Community has recently added some new features to its Mainnet Ecosystem, so that more people can get the use of Pi Coin and ownership on blockchain. Under a major change, the wallet activation has now been separated from the migration process, which will make it easier for millions of new users to connect to the network and use Pi Coin.
The move aims to strengthen the developer community of Pi Coin and increase its utility, making its blockchain ecosystem even more inclusive and strong.
Conclusion
This recent rally has been seen in Pi Coin, there have been many main factors behind it. Such as expecting new announcements in future, Pi coin record on binance The possibility of the possibility and the technical progress performed by the platform. If the Vala announcement by Pi Community on 14 May meets the expectation of the investors, then in the coming days, Pi Coin can touch even more new height. But currently the decline in its price also shows that the market remains unstable, so investors should be cautious.
