In today's digital world, cryptocurrencies have become a global phenomenon, with many individuals seeking to invest in these virtual assets as they offer potentially lucrative opportunities. Among this vast array of digital currencies, Pi Network (PI) has garnered attention for its unique approach and the community-driven nature of its mining process. Today, we explore the current state of PI coin price today, analyze its market cap, trading volume, and chart to understand its performance in the competitive cryptocurrency marketplace.
The live Pi Network (PI) price as of today is $0.3703 USD, marking a slight increase from previous days. This price point reflects not only the intrinsic value many believe PI holds but also the collective market sentiment towards the coin. The 24-hour trading volume for PI stands at an impressive $72,503,989.86 USD, showcasing its active participation in the broader cryptocurrency ecosystem. This figure underscores the liquidity and demand for PI within the market.
Converting 1 PI to USD reveals a price of approximately $0.3651, which has seen an uptick of +2.69% over the last 24 hours. This upward trend indicates that there is continuous interest in purchasing and holding PI coins, possibly due to its potential for growth and the network effect it leverages. Over the past day alone, a substantial volume of 187,889,304 PI coins have been exchanged, further emphasizing the coin's liquidity and market accessibility.
The Pi Network Coin is currently available on 11 exchanges, which not only widens its reach but also diversifies trading options for investors. This extensive network presence reflects confidence in the project's stability and growth potential. In the last 24 hours, PI has experienced a notable price increase of 5.51%, highlighting its performance against other cryptocurrencies within this period.
Moving beyond USD valuation, we examine how Pi Network (PI) fares in other major currencies such as Indian Rupee (INR) and Pakistani Rupee (PKR). As of today, 1 PI is worth approximately ₹32.32 INR and PKR 97.19, respectively. The exchange rates suggest a slight dip in value over the past hour for INR but an overall appreciation when compared to PKR. This fluctuation in exchange rates further demonstrates the volatility inherent in cryptocurrency markets but also offers potential opportunities for investors looking to capitalize on these price movements.
In addition to its currency-specific values, PI's market cap is a key indicator of its current standing within the broader cryptocurrency landscape. As of now, Pi Network (PI) ranks as the #951 cryptocurrency by market cap, showcasing its growing presence in the crypto sphere. This ranking reflects not only the coin's value but also its potential for further growth and acceptance among investors.
Analyzing the PI price chart provides valuable insights into the historical performance of the coin. The current price of $0.368 USD is a reflection of recent trends, with PI experiencing a 24-hour trading volume of $97,282,500. This volume indicates both market interest and the potential for more substantial movements in the future.
In conclusion, the Pi Network (PI) coin, currently priced at around $0.3651 USD with an impressive 24-hour trading volume of $97,282,500, stands as a compelling investment option within the cryptocurrency market. Its market cap ranking at #951 and presence on multiple exchanges underscore its growing relevance and potential for future growth. Investors seeking exposure to the digital currency space can consider PI in their portfolios with an eye towards capturing gains from this coin's continued development and integration into global markets. However, it is crucial to approach such investments with a well-rounded understanding of cryptocurrency market risks and volatility, as these factors play a significant role in determining returns.