PI (Pi) decreased by 3.77% in the last 24 hours.

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, PI (Pi) is currently priced at $0.22, down 3.77% in the past 24 hours, with a high of $0.23 and a low of $0.21. The current market capitalization is approximately $1.856 billion, a decrease of about $72.806 million from yesterday.

Recent important news about PI:

1️⃣ Testing network DeFi features continues to improve Pi Network has launched new features on its testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can perform DeFi operations such as token swaps and liquidity mining using Test-Pi. The rollout of these features indicates Pi Network’s active efforts to expand its ecosystem and lay the foundation for DeFi applications on the mainnet in the future.

2️⃣ Strategic investment expands AI application scenarios Pi Network’s investment arm, Pi Network Ventures, made a strategic investment in OpenMind. The two parties will jointly develop a decentralized operating system for robots. This move is expected to broaden Pi Network’s application scenarios and enhance its influence in AI and robotics technology.

3️⃣ Market sentiment fluctuations impact short-term performance Recently, the overall cryptocurrency market has experienced significant volatility. As an emerging project, PI is more susceptible to market sentiment. The 3.77% decline over the past 24 hours reflects short-term investor confidence instability but remains within recent fluctuation ranges.

From a technical perspective, PI’s price around $0.22 shows some support. Fundamentally, Pi Network continues to advance ecosystem development and strategic partnerships, but it is still in the development stage, and its long-term value remains to be further validated by the market.

This message does not constitute investment advice. Investors should be aware of market volatility risks.