Pi Network / Pi Coin Update...
CoinMarketCap has finally updated Pi Coin's market cap, and it currently holds an impressive global crypto ranking of 11. We're hopeful about an upcoming partnership announcement and the public launch of Pi's Web3 utility apps on Pi Day, March 14.
Once Pi Network releases its utility apps to the public, expect a significant portion of Pi Coins to be withdrawn from exchanges for retail trading (traditional finance). Additionally, completing KYB (Know Your Business) for major exchanges will become a key step in Pi Coin’s official listing.
So, instead of stressing, just hold on to your Pi. What’s Pi today is tomorrow’s dream. From March 1 to March 14, nearly 15 million Pi Coins will enter the market, due to the unlocking of balances from Pi miners like you and me, which is why we’re seeing some price fluctuations.
The good news is that no major unlocks are expected between March 14 and April 5, so we may see a more stable or improved price during that period, InshaAllah.