PI COIN PRICE TODAY: PI COIN VALUE RETURNS IN POSITIVE TERRITORY, JUMPS 3%; CRYPTO MARKET TRADE IN RED
Pi Coin Price Today: Pi Network coin returned in positive territory in last 24 hours following buying interest, zooming over 3% to trade at $0.8418 (At the time of writing). The last 24 hours have been too volatile for Pi Network as it touched 24 hours low at $0.7741 and high at $0.8966, meanwhile its trading volume soared over 54% to $450.55 million.
The Pi network suffered a massive debacle after Binance, the world's biggest crypto exchange, removed the coin from its 'voting list' narrowing the chances of listing of Pi Network on the Platform. This escalated a negative sentiment among Pi Network holders and investors. Pi Network coin touched its all-time high of $2.99 in February, post-mainnet launching. Since then, it has experienced several massive rallies and debacles.
Currently, the cryptocurrency is trading over 71% down to its all-time high and just 35% higher than its all-time low of $0.6152. Last week, Pi Network was trading over $1.5. In the last seven days, the cryptocurrencies have lost over 28%.
Crypto Market Update
The crypto market was trading over 1% lower at around 4:58 pm (IST), following fall in Bitcoin, Ethereum, Solana and other coins. Bitcoin was trading over 1.40% lower, Ethereum was down 2.6%. Solana lost over 5% in last 24 hours, while Dogecoin tanked over 5.5%.
According to coinmarketcap, the global crypto market cap was at $2.85T, falling 1.51% over the last day. Meanwhile, the total trading volume of crypto market over the last 24 hours was $76.02B, to which DeFi contributed $5.87B or 7.73% of the total crypto market 24-hour volume. At the same time, the trading volume of all stable coins was $71.85B, a contribution of 94.52% of the total crypto market volume in the same time frame.
Disclaimer: This is just a piece of news about recent development in the crypto market. Jagran does not advise investing, please do take expert opinion before investing.