Pi Network’s Domain Auction Attracts Over 200,000 Bids; Can Pi Coin Reclaim $1?

#Pi Coin is currently trading at around $0.8862 after a 5% drop following some recent token unlocks. Various major market indicators have catalyzed renewed interest as the Pi Network community remains hopeful right now with the domain auction drawing over 200,000 bids in just one week. This unprecedented surge raises questions about whether Pi Coin’s $1 predictions are realistic for this week as blockchain adoption continues to face certain critical challenges.

Bidders Are Competing for 95,000 Domains

The Pi Core Team’s update has spearheaded attention toward their .pi domain auction with 40,000 unique bidders actively competing for approximately 95,000 domains. Nearly 3 million Pi tokens are being bid at the time of writing, with some premium domains attracting up to 30,000 Pi and over 200,000 bids placed in just a week. Across several key digital segments, domains linked to major brands like Amazon and Samsung have engineered particularly intense competition.

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