Pi Network Price: The new and speeding is becoming popular in the price of the Cryptocurrency Pie Network. In the last 24 hours, the price of pie network coin has increased by 9.55 per cent to $ 1.96. This price in Indian rupees is Rs 170. Due to this, the market cap of pie network has increased to $ 13.76 billion. The volume of this coin has also increased by 4.82 percent in the last 24 hours. However, in the last 7 days, Pai Network has given negative returns of 32.69 per cent. At the same time, its return is 15.24 percent in the last one month.
Launched on 20 February
The pie network was launched on 20 February. After the launch, there was a huge decline in the price of the pie network. In 24 hours of launching, its price was broken by more than half. After this, questions were being raised about investment in this cryptocurrency. However, now it has accelerated, then investors have breathed a sigh of relief. The coin was launched at a price of $ 1.84. The same day later on 21 February, its price fell to $ 0.64. After this it increased.
Showing heavy fluctuations
On February 25, the price of this cryptocurrency reached $ 1.59 after a price of $ 0.64 on 21 February. In such a situation, in four days, this cryptocurrency applied a return day of 148 percent. After this, on 27 February, the price of Pai Network reached $ 2.93 in the morning. This is its highest price. Since then this coin has lost 35 percent.
What is a pie network?
Pie Network was founded in 2019 by Stanford’s PhD Nicholas Kokkalis and Chengdiao Fan. It is a web 3 blockchain project. This allows users to mines cryptocurrency on their mobiles. A large number of users were mining this cryptocurrency in their mobiles. After this, on 20 February, Pai Network was listed on exchanges like Binance, Coindcx, OKX and Bitget and users got a chance to sell their holdings.
What are targets
According to many experts, the pie network can become a bitcoin of the future. If the use of this cryptocurrency increases, the major exchanges can start listing it. This will gradually increase the price of pie network. Some experts say that the price of pie network can reach $ 100 this year.
(Disclaimer: Investment in cryptocurrency is very risky. It also has a lot of uncertainty. So, consult your investment advisor before investing money.)
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