Pi Coin, the latest cryptocurrency to get listed on a number of crypto exchanges has climbed 80.23% from the earlier buying and selling session to hit $1.29 in worth, based on Coin Market Cap information.
This comes after Pi Community formally opened to exterior buying and selling on Thursday, February 20 and it occurred after years of anticipation from the coin’s buyers.
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Pi Coin is a cryptocurrency that makes use of the Web3 ecosystem and permits the registered members of its community to mine cash without spending a dime with out the energy-intensive strategies that different cryptocurrencies use.
Customers have to easily open the Pi app and show their presence by hitting a button as soon as each 24 hour for which, they get awarded small parts of the coin. Referrals to different customers end in larger parts being awarded.
The rise in worth comes after the coin dropped by over 60% to $0.737 on Friday, February 21, 2025, a day after its itemizing. It had peaked to $1.97 earlier than this.
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As of now, Pi claims a community of over 60 million members worldwide and was based in 2019 by Nicolas Kokkalis and Chengdiao Fan, each Stanford Ph. Ds.
A number of centralised exchanges had confirmed their help for it, together with OKX, Bitget, Bitrue, HTX, and BitMart. All of them listed the token at launch.
On high of this, Bitget additionally had introduced a $60,000 Pi airdrop pool for eligible customers, which can go on till March 3 and BitMart will supply a $3,000 USDT Pi giveaway to 300 chosen customers.
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Pi Community has additionally surpassed 10 crore downloads in India within the Google Play Retailer.
