PI (Pi) fell 2.69% in the last 24 hours.

Gate News Bot message, September 22, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.35, down 2.69% in the last 24 hours, with a high of $0.36 and a low of $0.34. The current market capitalization is approximately $2.855 billion, a decrease of $79.0491 million compared to yesterday. Currently, PI ranks 42nd in global Crypto Assets market capitalization.

Pi is a digital currency that can be mined on mobile phones. Pi uses breakthrough technology to allow users to mine without draining their phone's battery. The project aims to enable more people to participate in the Crypto Assets revolution, providing a decentralized, mobile-first, user-friendly, and environmentally friendly digital currency solution.

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 go long or short on PI, which is expected to enhance its market liquidity and price discovery efficiency.

2️⃣ Co-founder will attend TOKEN2049 summit Pi Network co-founder 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 Crypto Assets leaders, aiming to seek strategic cooperation for the development of the Pi ecosystem.

3️⃣ Ecosystem Continues to Expand Pi Network recently launched Onramp Money, expanding its payment network to over 60 countries and regions. Users can now purchase Pi Coin directly using local payment methods, greatly enhancing the accessibility and liquidity of Pi, which is beneficial for expanding its user base and market influence.

From a technical perspective, PI has shown a volatile trend recently, falling by 2.69% within 24 hours. Although the newly introduced perpetual contract trading and the upcoming high-profile summit participation may have a positive impact on PI, the market still shows an adjustment trend in the short term. Considering the high volatility of the Crypto Assets market, investors need to closely monitor market movements and weigh short-term fluctuations against long-term development prospects.

This message does not constitute investment advice. Investment should take market volatility risks into account.