Gate News Bot Report, February 24 — According to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.16, up 3.58% in the past 24 hours, with a high of $0.19 and a low of $0.16. The current market capitalization is approximately $1.511 billion.
Pi is the first digital currency that can be mined on mobile phones, utilizing breakthrough technology to enable mining on mobile devices without draining the battery. PI adopts a decentralized design, providing a secure, tamper-proof, and interoperable digital currency; it also features a mobile-first approach, consuming minimal power, user-friendly, and easy to use. Users can start mining through a free mobile app, requiring only an invitation from existing trusted members in the network to download the app and join.
Important Recent News about PI:
1️⃣ Price Rebound Trend Gradually Confirmed
PI has recently experienced a clear rebound. After an initial correction, PI tokens stabilized and showed an upward trend. The 3.58% increase reflects a gradual restoration of market confidence. Looking at the price range, $0.16 acts as support, while $0.19 is a short-term resistance level, overall showing a pattern of bottoming out and consolidating.
2️⃣ Market Attention Continues to Rise
Key price levels of PI over the past week have attracted widespread market attention, including technical analysis of failed breakouts and trading opportunities during the rebound process. This sustained market focus helps maintain investor awareness of the token and provides a foundation for price stability.
3️⃣ Mobile Mining Advantages Remain Prominent
As the first digital currency that can be mined on mobile phones, PI’s low energy consumption and user-friendly features continue to maintain strong competitiveness in the market. The free app model lowers participation barriers, and this innovative consensus mechanism and decentralized design continue to attract users interested in the mobile ecosystem.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Today’s top 100 cryptocurrencies by market cap: ZEC up 14.40% leads the gains, PI down 8.65% leads the losses
On March 17, in the cryptocurrency market, Zcash (ZEC) showed the largest gain with an increase of 14.40%, while Pi (PI) experienced the largest decline with a decrease of 8.65%. The overall market showed significant volatility.
GateNews5h ago
Crypto Market News Today: AERO and PI Are Sinking Fast, But DeepSnitch AI Is the 200x Gem You Need to Secure Your Financial Future
Anyone keeping up with crypto market news today knows that regulatory changes are changing everything right now. As government agencies start shifting their stance on decentralized platforms, traders who are still relying on outdated market trends are getting hurt.
Instead of watching your
CaptainAltcoin7h ago
Pi Network Begins Second Mainnet Migration Rollout
Pi Network has begun its second mainnet migration phase, allowing users to transfer more mined Pi coins to the blockchain. This updates users on KYC verification requirements, enhances security with two-factor authentication, and has elicited mixed reactions from the community as it progresses toward a fully active ecosystem.
Coinfomania9h ago
Pi Network Gains Attention in India Amid Utility Push
Pi Network, launched in 2019, introduced a mobile-first approach to cryptocurrency mining by allowing users to mine Pi Coin directly from their smartphones without requiring high computational power.
The project reached a major milestone with the launch of its open mainnet in early 2025. This is en
Coinfomania12h ago
Pi Coin 86% Rally Reverses as Technical Signals Point to Further Decline
Pi Coin surged approximately 86% between February 28 and March 13, 2026, reaching nearly $0.30 before reversing sharply to trade near $0.20, as bearish divergence between price and the Relative Strength Index (RSI) signaled fading momentum.
CryptopulseElite17h ago
Pi Network Launches Second Migration of Smart Contracts, Technical Rebound Signals Emerge
Pi Network (PI) token closed at $0.1955 on Monday after declining for four consecutive trading days. Last week, Pi developers launched on-chain smart contracts through a v20 node upgrade and announced plans for a second mainnet migration. From a technical perspective, the PI price is currently stable near the 50-day EMA and the 61.8% Fibonacci retracement level, a position that has historically been associated with technical rebounds.
MarketWhisper19h ago
