Pi Network (PI) has been making waves in the crypto space, and today, its price is holding steady at $0.6538 with a 24-hour change of 0.0%, as seen in the latest chart from CoinGecko. Over the past 24 hours, PI has fluctuated between $0.6455 and $0.6555, showing a relatively stable range. Looking at the historical data, PI has experienced significant volatility in the past, with notable peaks and dips, but it’s currently sitting at a market cap of $4,780,842,541, ranking it #34 among cryptocurrencies.
For those unfamiliar, Pi Network aims to make crypto mining accessible to everyone by allowing users to mine PI coins directly from their mobile devices without draining battery or requiring heavy computational power. The project, accessible via minepi.com, has a circulating supply of 7,312,810,076 PI out of a total supply of 11,247,089,257, with a max supply capped at 100,000,000,000. The fully diluted valuation is $7,352,927,564, and the 24-hour trading volume is $69,879,339, indicating decent liquidity.
What’s interesting about PI is its community-driven approach, with over 163,326 users adding it to their portfolio. The project’s vision is to create a more inclusive crypto economy, but it’s worth noting that PI has faced scrutiny over the years regarding its mainnet launch and token utility. Still, for those interested in a low-barrier entry to crypto, Pi Network remains a project to watch.
What are your thoughts on PI’s potential?