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#pinetwork Pi Coin (PI) has seen a significant decline since its peak near $3 in February 2025, dropping over 70% to approximately $0.84. BRAVE NEW COIN Factors contributing to this downturn include Binance's rejection of Pi Coin's listing and concerns over the network's decentralization. Decentralized Exchange Launch In response to price manipulation concerns, Pi Network introduced PiDaoSwap, a community-driven decentralized exchange (DEX) aimed at stabilizing Pi Coin's value and enhancing trust within the ecosystem. Integration with Telegram Pi Network has integrated with Telegram's crypto wallet, potentially expanding its reach to Telegram's vast user base and facilitating broader adoption. Domain Auction Activity The network's domain auction has garnered significant attention, with over 200,000 bids placed for approximately 95,000 domains. This activity reflects strong community engagement and could contribute to the ecosystem's growth. Community Concerns and Future Outlook Despite these initiatives, Pi Network faces challenges, including centralization concerns and the absence of listings on major exchanges like Binance and Coinbase. Addressing these issues is crucial for the project's credibility and future success.
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#pinetwork Pi Network's native token, PI, has been integrated into Telegram, the widely used messaging application. Users can now hold, buy, and store PI tokens within the Telegram wallet. However, functionalities such as sending, withdrawing, or receiving PI through the app are not yet available. This integration was highlighted by Pi News, a prominent account associated with Pi Network, though official confirmation from the project's main channels is pending. Numerous users have shared screenshots showcasing their PI holdings within Telegram's wallet. The official Pi Network X (formerly Twitter) account announced incentives for developers. Community apps that adhere to listing guidelines and complete the PiNet migration by May 28, 2025, can secure their domains without bidding, subject to specific requirements and restrictions. This extension aims to accommodate developers who missed the initial migration window. Developers are encouraged to register URLs, set display preferences for optimal user experience, and make their apps accessible to non-Pi users. PI Token Price Dynamics The PI token has faced a significant downturn, plummeting approximately 74% from its February high of $2.99 to around $0.84. Factors contributing to this decline include the absence of listings on major exchanges like Binance and Coinbase, leading to reduced accessibility and demand. Additionally, concerns about tokenomics and impending token unlocks have intensified selling pressure. Despite these challenges, some analysts foresee a potential rebound, citing technical patterns and increased accumulation by certain investors. Exchange Listing Speculations There are circulating reports suggesting that Binance has declined to list PI Coin, allegedly due to concerns about centralization and the status of Pi Network's mainnet. However, without an official statement from Binance, these claims remain speculative. The Pi Network community continues to advocate for broader exchange support to enhance the token's liquidity and adoption.
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#pinetwork Token Unlock and Supply Adjustments In March 2025, Pi Network unlocked 188 million tokens for over 1.1 million users, aiming to enhance accessibility within the community. Additionally, the Pi Core Team burned 10 million tokens, reducing the total circulating supply to 6.77 billion. Despite these efforts, the price of Pi Coin has not seen significant improvement. Exchange Listings and Price Performance Pi Coin remains unlisted on major exchanges like Binance and Coinbase, primarily due to concerns over transparency in its token locking and burning mechanisms. This lack of major exchange listings has contributed to a decline in Pi Coin's price, which has fallen below $1, trading at approximately $0.92 after a 4% decline in the past day. Ecosystem Expansion Initiatives On #Pi Day (March 14, 2025), #piNetwork launched several initiatives to expand its ecosystem, including the .pi Domains Auction, the commencement of the PiFest shopping period, and enhancements to the Mainnet Ecosystem user interface. These efforts aim to increase Pi's real-world utility and strengthen its community engagement. Despite these initiatives, the Pi Core Team has faced criticism for a perceived lack of transparency and communication, particularly regarding the token migration process and the status of user balances. This has led to uncertainty among users about the project's direction and their holdings. In summary, while Pi Network is making strides to enhance its ecosystem and token utility, challenges related to exchange listings, price stability, and community trust remain.
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#BNB Binance Coin (BNB) is trading at approximately $630.31 USD, reflecting a slight decrease of 0.87% from the previous day's close of $635.82 USD. citeturn0search7 For a visual representation of BNB's recent price movements, you can refer to the price chart available on Binance's official website. citeturn0search5 Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult real-time data sources or trusted financial platforms.
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