Pi Network announced several updates, including a new feature that allows users to purchase Pi tokens with fiat currency directly through the Pi Wallet.
New Pi Purchase Feature
With the recent update, users can buy Pi tokens using credit and debit cards as well as Google Pay. Users choosing this option no longer need to rely on third-party crypto exchanges. The feature is currently limited to a select number of users, with broader rollouts expected in the future.
Integration with Financial Tools
Pi Network aims to make digital assets more accessible by linking the Pi Wallet with services like Apple Wallet. This integration allows users to manage both regular finances and cryptocurrencies in one place. The incorporation of Web3 technology into daily life also highlights the network's plans to make cryptocurrency a part of common financial tools.
Positive Market Response
Following the announcement of the new feature, there has been a noticeable increase in interest for the Pi token. Over the last 24 hours, the token's price rose by nearly 6%, reaching $0.4781. The market capitalization exceeded $3.73 billion, and trading volume more than doubled, increasing by over 228%, indicating growing investor confidence.
The ability to purchase Pi tokens with fiat currency and the integration with financial tools demonstrate Pi Network's commitment to simplifying access to digital assets and strengthening its position in the cryptocurrency market.
