Gate News Bot Update, February 28 — According to CoinMarketCap data, at press time, PI (Pi) is trading at $0.17, up 2.82% in the past 24 hours. The highest price reached $0.17, and the lowest dipped to $0.16. The 24-hour trading volume is $150 million. The current market capitalization is approximately $1.617 billion, an increase of $44.3 million from yesterday.
Pi Network is a groundbreaking mobile cryptocurrency mining platform that allows users to mine easily through a mobile app without consuming large amounts of electricity. The project uses innovative technology to achieve truly decentralized, secure, and tamper-proof digital currency. Pi emphasizes user-friendliness and sustainability, aiming to address the high energy consumption of traditional crypto mining and enable more ordinary users to participate in the crypto ecosystem. Users can start mining for free by downloading the Pi mobile app and joining the network through an invitation from existing trusted members.
Additional Analysis
Recent Important News for PI:
1️⃣ Platform Major Update and Node Enhancement Draw Market Attention
The March 1 deadline has become a recent market focus. Users need to complete related actions before this date. Such phased deadlines often boost community activity and trading enthusiasm in the short term, providing support for the price.
2️⃣ Founder Responds Proactively to Market Concerns
The project team publicly addressed user concerns, with the founder reaffirming the project’s innovative non-mainstream approach and long-term vision. This proactive communication helps stabilize community confidence, alleviates market doubts about the project’s direction, and lays a psychological foundation for price recovery.
3️⃣ New Token Mechanism Update Expands Ecosystem
The platform introduced new token-related features, offering community members more participation options and earning opportunities. An enriched ecosystem often attracts more user attention and involvement, which is positive for the token’s long-term liquidity and market enthusiasm.
This news is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PI (Pi Coin) increased by 10.40% in the past 24 hours, now trading at $0.20
As of March 6th, the PI price is $0.20, up 10.40% in 24 hours, with a market capitalization of $1.93 billion. Pi Network mines through mobile phones and emphasizes technological innovation to boost user confidence and facilitate a price rebound. Market sentiment has turned positive, with clear signs of a rebound, but investors should still be cautious of risks.
GateNews1m ago
Pi Network's one-year roadmap shifts towards applications, PI coin's island dilemma still awaiting a breakthrough
Pi Network's PI token has recently risen to $0.20, facing challenges of isolation from the mainstream crypto ecosystem. The founder emphasized shifting focus to practical applications rather than just token issuance. Although 16.8 million users have completed KYC, concerns have been raised over data transparency. The platform plans to upgrade by introducing features such as decentralized exchanges and launching various community activities to boost ecosystem activity.
MarketWhisper1h ago
Pi Network Explodes 50% – The Rebound Everyone Missed!
Pi Network has experienced a price rebound, rising from $0.128 to approximately $0.1819, approaching a key resistance at $0.20. Traders are optimistic, but liquidity remains low, leading to potential volatility in the market.
Coinfomania16h ago
Pi Network Confirms March 12 DEX Launch, Pi Coin Rallies Over 8% Amid Protocol Upgrades
Pi Network has scheduled the launch of its native decentralized exchange for March 12, 2026, integrated directly into the Pi Wallet, as the project completes mandatory protocol upgrades toward v20.2 ahead of the March 14 Pi Day milestone.
CryptopulseElite21h ago
Pi Network price hits two-week high, protocol upgrade drives 8.5% increase
Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.
MarketWhisper23h ago
