PI (Pi) rose 3.24% in the last 24 hours.

Gate News Bot news, on September 12, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.36, with a rise of 3.24% in the last 24 hours, reaching a high of $0.36 and a low of $0.34. The current market capitalization is approximately $2.861 billion, an increase of $89.7 million compared to yesterday.

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 project aims to make cryptocurrency mining easier, allowing more people to participate in the cryptocurrency revolution. The Pi network offers a decentralized, secure, and user-friendly digital currency, emphasizing mobile-first and environmentally friendly features.

Important news about PI recently:

1️⃣ Pi Network co-founder confirmed attendance at TOKEN2049 summit Dr. Chengdiao Fan, co-founder of Pi Network, 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 cryptocurrency leaders, aiming to seek strategic cooperation for the development of the Pi ecosystem.

2️⃣ 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, greatly enhancing the accessibility and liquidity of Pi, which is beneficial for expanding its user base and market influence.

3️⃣ Protocol upgrade optimizes network performance Pi Network is undergoing a protocol upgrade from version 19 to version 23. This upgrade draws on the design concepts of the Stellar protocol, aiming to enhance network performance and functionality. The improvements in the technical foundation lay a more solid groundwork for the future development and application scenarios of Pi.

From a technical perspective, PI is showing a pump trend in the short term, with a 24-hour rise of 3.24%. However, considering the high volatility of the cryptocurrency market, investors should remain vigilant and pay attention to potential retracement risks.

This message is not to be considered as investment advice; investors should be aware of market volatility risks.