Gate News Bot news, on November 3rd, according to CoinMarketCap data, as of the time of writing, PI (Pi [IOU]) is currently priced at $0.24, with a 2.39% fall in the last 24 hours, reaching a high of $0.29 and a low of $0.23. The trading volume in the last 24 hours is $3.37 million. Current market capitalization data is not available.
Important recent news about PI:
1️⃣ Pi Network Ventures strategic investment expands ecosystem
Pi Network's investment arm, Pi Network Ventures, has made a strategic investment in OpenMind, and the two parties will jointly build a decentralized operating system for robots. This move is expected to expand the application scenarios of Pi Network and enhance its influence in the fields of AI and robotics.
2️⃣ Testnet DeFi features are continuously improving
Pi Network has launched new features on the testnet including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swapping, liquidity mining, and other DeFi operations, laying the groundwork for future DeFi applications on the mainnet.
3️⃣ Market sentiment fluctuations affect short-term performance
Recently, the cryptocurrency market has been quite volatile, and PI, as an emerging project, is more susceptible to market sentiment. The 2.39% fall within 24 hours reflects the instability of short-term investor confidence, but it remains within the recent range of fluctuations.
From a technical perspective, the PI price shows some support around $0.24. On the fundamental side, Pi Network continues to advance ecosystem construction and strategic cooperation, but it is still in the development stage, and its long-term value remains to be further validated by the market.
This message is not intended as investment advice; investors should be aware of market volatility risks.
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