PI (Pi) 24 hours rise 0.21%

Gate News Bot message, on September 19, according to CoinMarketCap, as of the time of writing, PI (Pi) is currently reported at $0.36, with a rise of 0.21% in the last 24 hours, reaching a high of $0.38 and a low of $0.34. The current market capitalization is approximately $2.936 billion, an increase of $6.01 million compared to yesterday. Currently, PI ranks 42nd in the market capitalization of Crypto Assets.

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. The Pi network aims to establish a decentralized Crypto Assets and smart contract platform, enabling everyone to participate in the Crypto Assets revolution. The project emphasizes its mobile-first, user-friendly, and environmentally friendly features, claiming to achieve security and scalability without significant energy consumption.

Important news about PI recently:

1️⃣ XPIN perpetual contract is launched on the 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 for going long or short on 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 Crypto Assets leaders, aiming to seek 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 purchase Pi Coin directly using local payment methods, significantly improving 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 trend of fluctuation recently, but overall it has maintained a slight rise. The newly added perpetual contract trading and the upcoming high-profile summit participation may have a positive impact on PI. However, considering the high volatility of the Crypto Assets market, investors still need to stay vigilant and pay attention to potential pullback risks.

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