PI (Pi) fell 4.05% in the last 24 hours.

Gate News Bot news, on October 10, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.23, a fall of 4.05% in the last 24 hours, with a high of $0.27 and a low of $0.22. The current market capitalization is approximately $1.891 billion, a decrease of about $79.8646 million from yesterday.

Important news about PI recently:

1️⃣ The testnet has launched multiple DeFi features Pi Network has launched new features on its testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swaps, liquidity mining, and other DeFi operations. This initiative shows that Pi Network is actively expanding its ecosystem, laying the groundwork for DeFi applications on the future mainnet.

2️⃣ XPIN Network suspends withdrawals for system upgrade XPIN Network announced that the withdrawal function will be temporarily suspended due to system security upgrades. While this move may impact user experience in the short term, it will help enhance network security and stability in the long run, providing assurance for the healthy development of the Pi ecosystem.

3️⃣ Focus on practicality as the primary development strategy In the development of new features, Pi Network emphasizes that token creation will require real application scenarios, distinguishing it from speculative meme coins. This strategy reflects the project's focus on building practical value, which is expected to enhance Pi's long-term competitiveness in the cryptocurrency market.

From a technical perspective, the current price fluctuation range of Pi is relatively small, indicating that the market's valuation of its value is relatively stable. On the fundamental side, Pi Network continues to promote ecosystem development, but it is still in the early stages of development, and its long-term value remains to be further validated by the market.

This message is not intended as investment advice; investors should be aware of the risks associated with market volatility.