Pi Network (PI) News Today

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, PI (Pi Coin) is currently trading at $0.13, down 4.02% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $11.4 million. The current market capitalization is approximately $1.202 billion, a decrease of about $50.4 million from yesterday. Pi is the first digital currency that can be mined on a mobile phone, utilizing groundbreaking technology to enable mining on mobile devices without draining the battery. Pi features decentralization, providing a secure, tamper-proof, and interoperable digital currency; it also adopts a mobile-first design that is user- and environmentally friendly, requiring no large-scale electricity consumption. Users can start mining for free by downloading the mobile app, and they only need an invitation from an existing trusted member in the network to join.

Key Takeaways Pi Network has unblocked nearly 2.5 million Pioneers previously restricted from Mainnet migration. The total number of

Pi Coin launches the Starpath and Pitogo Social testnets. Starpath is an AI chatbot that helps users learn about blockchain and Web3 features. Pitogo Social creates a robot-free community platform where users can publish content and earn active points. 16 million users have migrated to the mainnet, with a total of 35 million registered users.

Pai Coin has been continuously weak since early January, with strong selling pressure. Buyers are absent, seeking a bottom, with support at $0.13 and resistance at $0.15. Large holders are rushing to exit. The RSI has been oversold below 30 since January 20, indicating significant selling pressure with no rebound room, and it is expected to continue declining.

Pi Network has fallen from a high of $3 to around $0.14. X users accuse the team of years of promises with no mainnet, only a mobile mining show, calling it the longest-running scam disguised as Web3. The project team is about to unlock 250 million tokens, with an average of 8.3 million per day, releasing 23.6 million on February 13. The RSI is at 35, approaching oversold levels, suggesting a possible rebound.

The Pi Network's testnet is expanding with the launch of two new apps, Starpath and Pitogo Social, aimed at enhancing user engagement and real-world utility. These developments signify progress towards the open mainnet phase and improve the ecosystem's functionality.

Gate News Bot Message, February 10th, according to CoinMarketCap data, as of press time, PI (Pi) is currently trading at $0.14, down 4.56% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $13.2 million. The current market capitalization is approximately $1.239 billion. Pi is the first digital currency that can be mined on a mobile phone, achieved through groundbreaking technology that allows mining on mobile devices without draining the battery. Pi Network aims to make cryptocurrency mining simple and accessible, providing a decentralized, secure, tamper-proof, and interoperable digital currency. The project adopts a mobile-first design that is user- and environmentally friendly, requiring no large-scale electricity consumption. Users can start mining through a free mobile app, simply by receiving an invitation from an existing trusted member.

Starpath is now live on the Pi Network testnet, providing a risk-free environment for users to experiment with trading and familiarize themselves with Web3. Developers can test applications. It serves as an educational bridge to turn complex concepts into practice. But the harsh reality is: the February migration of 300 million caused the biggest impact, with prices continuously falling close to 0.14, and OTC sell-offs brewing. Technological advances cannot change the overwhelming supply flood that crushes demand.

Pai coin has declined for the third consecutive trading day, with the downward trend aligning with the stable migration to the mainnet, potentially increasing selling pressure. On Monday, 33.06 million Pai coins were transferred to the mainnet, bringing the total transfer volume in February to approximately 300 million coins. The CEX supporting Pai coin recorded 324,152 coins outflow in the past 24 hours. Typically, withdrawals from CEX indicate easing selling pressure, but this suggests that supply pressure mainly comes from off-exchange channels, including OTC.

The Pi Network core team announced that all nodes must complete the v19.6 upgrade by February 12th. This is a mandatory requirement before the open network phase. Currently, over 16 million users have migrated to the mainnet. This upgrade is a crucial step in the phased transition from v19 to v23, and node operators are not allowed to skip versions and upgrade directly. The KYC verifier reward mechanism has entered final testing and is expected to be officially launched in March.

Teltlk supports Visa cards for Pi Coin and USDT global spending, allowing shopping on Amazon, eBay, and Apple Pay. KYB verification has been completed, supporting deposit, withdrawal, and exchange. New features include quick exchange, no binding required for deposit and withdrawal, and improved notifications. The Discover page has added a Web3 Academy educational module.

Pi Network announces the launch of the mainnet protocol upgrade, gradually upgrading from version 19 to version 23 in phases. All node operators must follow a 7-step mandatory upgrade path, with the first deadline set for February 12, 2026, to complete the v19.6 upgrade. At the same time, the network celebrates the Annual Mainnet Appreciation Day, recognizing the contributions of volunteers worldwide. The biggest highlight of this upgrade is that version 23 will directly integrate KYC permissions into the blockchain layer.

Key Takeaways Pi Network has unblocked nearly 2.5 million Pioneers previously restricted from Mainnet migration. The total number of

Gate News Bot Message, February 6th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.14, down 7.50% in the past 24 hours, with a high of $0.17 and a low of $0.13. The current market capitalization is approximately $1.273 billion. Pi is the first digital currency that can be mined on a mobile phone, utilizing groundbreaking technology to achieve mining on phones without draining the battery. Pi Network aims to make crypto mining simple and accessible, providing more people with the opportunity to enter the cryptocurrency ecosystem through decentralized, mobile-first, user-friendly design. Users can start mining by simply downloading the official app, without the need for complex hardware investments, while also protecting user privacy and the environment. ## Important recent news about PI: 1️⃣ **Large fund transfer by the core team**

Pi Coin Test Palm Scan KYC Verification to Prevent Fake Accounts, with Face Scan Collaborating for Liveness Detection. In February, 189 million coins were unlocked, setting a new annual high; 134 million were released in January. In January, 2.5 million frozen users were unblocked, with 16 million already migrated to the mainnet and 3 million in the process of migration. KYC rewards will be distributed by the end of March.

Pai Coin in January hit a new low of $0.146, rebounded to $0.15 but struggled to hold. No signs of bottoming out yet, with Bitcoin and Ethereum continuing to decline dragging the market down. In mid-January, it plummeted 25%, and the pressure remains. The daily RSI has been persistently oversold below 30 since the beginning of the year, indicating extreme bearishness but also suggesting a potential rebound. If a rebound occurs, watch out for the $0.2 resistance level.

Pi Network holds the critical support at $0.15. The November breakout of the descending wedge remains valid. RSI falling below 30 indicates oversold conditions, and MACD is approaching a golden cross. If the support holds, the target of $0.20 could increase by 33%, with a higher potential to rise to $0.65, a 330% increase.

All five coins recorded roughly 20% gains while remaining above critical support levels. Each asset shows structural resilience, marked by higher lows and intraday green candles. Resistance levels define near-term targets, indicating measured continuation rather than speculative