PI Network, a cryptocurrency dedicated to creating accessible infrastructure, has shown significant price growth of over 20%.
PI Price is Up by Over 20%
At the moment of writing, PI is trading at $1.68, up by more than 20% in the past 24 hours. The week was volatile for PI, with prices dropping from above $1.96 to $1.27 before climbing to $1.52. Today, the coin reached $1.73 with a market cap above $12.43 billion before cooling down to the current levels of around $12.06 billion. It reached its all-time high above $2.95 on February 27.
Pi Network Grace Period is on March 14
Earlier today, Pi Network highlighted in an X announcement that the community spent six years building its infrastructure and ecosystem to ensure its utility is ready for use. March 14 is Pi Day, and on this day, both KYC and Mainnet migration need to be completed by 8:00 am UTC to avoid forfeiting most PI tokens. The date is also a celebration of the mathematical constant Pi.
What is Pi Network?
Pi Network allows users to mine cryptocurrency from mobile devices. The project's users, known as Pioneers, have contributed to advancing towards the Open Network launch on February 20, which enabled connectivity to the Mainnet blockchain. PI has been listed on multiple exchanges, and the PI community hopes for a Binance listing.
PI Network's steady growth demonstrates significant progress in infrastructure building and readiness for further platform development.
