PI (Pi) has risen 3.08% in the last 24 hours.

Gate News Bot news, on September 24th, according to CoinMarketCap, as of the time of writing, PI (Pi) is currently reported at 0.28 USD, with a rise of 3.08% in the last 24 hours, reaching a high of 0.36 USD and a low of 0.22 USD. The current market capitalization is approximately 2.301 billion USD, an increase of 68.7 million USD compared to yesterday.

Pi is a digital currency that can be mined on mobile phones. Its groundbreaking technology allows users to mine Pi on their phones without draining the battery. Pi is a decentralized, mobile-first, user and earth-friendly cryptocurrency. The Pi network aims to create a secure, immutable, forgery-proof, and interoperable digital currency while maintaining usability and environmental friendliness.

Important news about PI recently:

1️⃣ XPIN perpetual contract launched on Gate platform Gate has added the XPIN/USDT perpetual contract trading pair, supporting 1-20x leverage. This move expands the trading channels for PI, providing investors with new options to long and short PI, and is expected to enhance its market liquidity and price discovery efficiency.

2️⃣ Co-founder will attend TOKEN2049 summit Co-founder of Pi Network, Dr. Chengdiao Fan, will deliver a keynote speech at the TOKEN2049 summit in Singapore from October 1 to 2, discussing "How Blockchain Creates Real-World Utility." This high-profile appearance not only enhances the industry influence of Pi Network but also creates opportunities for direct interaction with global cryptocurrency leaders, potentially seeking strategic cooperation for the development of the Pi ecosystem.

3️⃣ Ecosystem continues to expand Pi Network recently launched on Onramp Money, expanding its payment network to over 60 countries and regions. Users can now directly purchase Pi Coin using local payment methods, significantly enhancing Pi's accessibility and liquidity, which is beneficial for expanding its user base and market influence.

From a technical perspective, PI has shown a fluctuating trend recently, with a rise of 3.08% within 24 hours. Despite a significant drop the previous day, the new perpetual contract trading and the upcoming high-profile summit participation may have a positive impact on PI, driving a short-term price rebound. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor market movements and weigh short-term fluctuations against long-term development prospects.

This message is not an investment advice, and investors should be aware of market volatility risks.