Current trends surrounding Pi Coin (PI) indicate possible price escalation. This article presents the latest technical data and community news.
Current Price and Trading Volume
At the time of writing, Pi Coin was trading at around $0.0048, experiencing a 5.08% decline for the day. Trading volume fell by 48% to $167.8 million. However, the day before, the price saw an almost 200% surge in trading volume and a 6.8% increase.
Wallet Update and Fiat Purchase Features
The price of Pi Coin began to gain bullish traction after the introduction of a direct buy feature in the Pi wallet. Users can now purchase Pi using fiat through third-party services Banxa and Onramper. This feature allows purchases directly through credit cards, Google Pay, and Apple Pay. The community is actively discussing the update, viewing it as a step toward mass adoption of cryptocurrency.
Binance Integration and Ecosystem Expansion
Speculation about a potential integration with Binance has been reignited following the emergence of Binance support within the Pi wallet interface. While no official confirmations exist, such indications may signal improvements for liquidity. Pi Network continues to expand its ecosystem, with over 7900 created dApps and the latest updates for nodes that enhance the network's decentralization.
Pi Coin's price is expected to rise in light of wallet updates, potential Binance integration, and ecosystem expansion. These factors could contribute to increased interest in the coin.
