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Pi Network (PI) Surges To $31.41 Amidst Record Breaking Week
In the dynamic world of cryptocurrency, the price of Pi Network‘s native token (PI) has soared to unprecedented heights, reaching $31.41 in value today. This remarkable surge comes amidst a whirlwind week for the digital asset, which has seen its value skyrocket by a staggering 2,300.14% over the past seven days.
The surge in PI’s price is accompanied by a significant increase in trading volume, with a 24-hour trading volume of $382,681.78, reflecting a 1.19% price increase within the last day alone. However, it’s important to note that these prices are based on IOUs (I Owe You) as the mainnet for Pi Network has not yet been launched. As such, these IOUs may not be transferable across all exchanges, highlighting the speculative nature of the current market.
CoinGecko, a leading cryptocurrency data aggregator, provides a comprehensive analysis of the crypto market, tracking not only price and volume but also fundamental factors such as community growth, open-source code development, major events, and on-chain metrics. This multifaceted approach offers investors valuable insights into the underlying dynamics driving price movements within the crypto space.#Write2Earn #ETH #BTC $BTC $BNB $XRP
In the dynamic world of cryptocurrency, the price of Pi Network‘s native token (PI) has soared to unprecedented heights, reaching $31.41 in value today. This remarkable surge comes amidst a whirlwind week for the digital asset, which has seen its value skyrocket by a staggering 2,300.14% over the past seven days.
The surge in PI’s price is accompanied by a significant increase in trading volume, with a 24-hour trading volume of $382,681.78, reflecting a 1.19% price increase within the last day alone. However, it’s important to note that these prices are based on IOUs (I Owe You) as the mainnet for Pi Network has not yet been launched. As such, these IOUs may not be transferable across all exchanges, highlighting the speculative nature of the current market.
CoinGecko, a leading cryptocurrency data aggregator, provides a comprehensive analysis of the crypto market, tracking not only price and volume but also fundamental factors such as community growth, open-source code development, major events, and on-chain metrics. This multifaceted approach offers investors valuable insights into the underlying dynamics driving price movements within the crypto space.#Write2Earn #ETH #BTC $BTC $BNB $XRP
A Step-By-Step Guide: How To Buy Pi (Pi Network) Without Coinbase Support
Pi, the rising star in the world of cryptocurrencies, has been making waves recently. However, many potential investors have found themselves wondering how to get their hands on this digital currency, especially given that it is not yet supported by Coinbase, one of the leading cryptocurrency exchanges. Fortunately, there are alternative avenues available for those keen on investing in Pi.
Step 1: Check CoinMarketCap for Trading Options
As a first step, interested buyers should head to CoinMarketCap, a reputable cryptocurrency data platform. By searching for “Pi” and navigating to the “Market” tab, users can find a comprehensive list of exchanges where Pi is traded, alongside the currencies accepted for purchasing this digital asset.
Step 2: Choosing the Right Platform
Selecting a reliable and secure platform is crucial when buying Pi. Several factors should be considered, including security, reliability, and liquidity. Opt for platforms with a solid reputation for safeguarding user assets, a history of reliability, and substantial trading volume for Pi, ensuring seamless transactions.
Step 3: Making the Purchase
Upon choosing a suitable platform, interested investors can create an account, deposit funds, and initiate a purchase order for Pi. The process involves careful consideration and due diligence to ensure a smooth and secure transaction.
Important Considerations:
Pi Availability: Pi is a relatively new cryptocurrency, so it may not be available on all exchanges. It’s essential to research and find exchanges where Pi is actively traded.
Volatility: Like many cryptocurrencies, Pi’s value can fluctuate significantly. Potential investors should be prepared for price volatility and make informed decisions based on market trends and analysis.
Research: Prior to investing in Pi or any other cryptocurrency, conducting thorough research is crucial. Understanding the project, its technology, and the team behind it #BullRun #Ledger #BTC #XMR #sol $BTC $ETH $USDC
Pi, the rising star in the world of cryptocurrencies, has been making waves recently. However, many potential investors have found themselves wondering how to get their hands on this digital currency, especially given that it is not yet supported by Coinbase, one of the leading cryptocurrency exchanges. Fortunately, there are alternative avenues available for those keen on investing in Pi.
Step 1: Check CoinMarketCap for Trading Options
As a first step, interested buyers should head to CoinMarketCap, a reputable cryptocurrency data platform. By searching for “Pi” and navigating to the “Market” tab, users can find a comprehensive list of exchanges where Pi is traded, alongside the currencies accepted for purchasing this digital asset.
Step 2: Choosing the Right Platform
Selecting a reliable and secure platform is crucial when buying Pi. Several factors should be considered, including security, reliability, and liquidity. Opt for platforms with a solid reputation for safeguarding user assets, a history of reliability, and substantial trading volume for Pi, ensuring seamless transactions.
Step 3: Making the Purchase
Upon choosing a suitable platform, interested investors can create an account, deposit funds, and initiate a purchase order for Pi. The process involves careful consideration and due diligence to ensure a smooth and secure transaction.
Important Considerations:
Pi Availability: Pi is a relatively new cryptocurrency, so it may not be available on all exchanges. It’s essential to research and find exchanges where Pi is actively traded.
Volatility: Like many cryptocurrencies, Pi’s value can fluctuate significantly. Potential investors should be prepared for price volatility and make informed decisions based on market trends and analysis.
Research: Prior to investing in Pi or any other cryptocurrency, conducting thorough research is crucial. Understanding the project, its technology, and the team behind it #BullRun #Ledger #BTC #XMR #sol $BTC $ETH $USDC
Enclosed Network Phase: Pi Network Gears Up for a New Chapter in Blockchain Evolution
Pi Network launched its Mainnet in December 2021, initiating a crucial phase in the evolution of the project. The Mainnet launch heralds the migration of Pioneer balances from their wallet accounts, marking a pivotal moment for Pi Network and its global community of users.
Two-Phase Mainnet Transition
Pi Network’s Mainnet transition had to occur in two distinct phases: the Enclosed Network and the Open Network. The Enclosed Network, had commenced in December 2021, signifying the initial period where the Mainnet will be operational, albeit with a firewall preventing external connectivity. During this phase, Pioneers will have the opportunity to complete KYC verification and migrate their Pi balances to the live Mainnet blockchain.
This phased approach offers several advantages, including allowing millions of Pioneers worldwide to undergo KYC verification, building and deploying additional Pi Apps, transitioning existing Testnet applications to the Mainnet, and making necessary modifications to the Mainnet and the overall ecosystem before the network becomes fully open.
KYC Verification and Balance Migration
Integral to this transition is the KYC (Know Your Customer) authentication process, ensuring the authenticity of Pioneer accounts. KYC verification is a vital step in preventing fraudulent activities, enabling Pi Network to maintain its commitment to inclusivity and genuine participation. Verified Pioneers will be allowed to transfer their Pi balances to the Mainnet, fostering a secure and genuine ecosystem.
The balance migration process will be contingent on the KYC status of individual Pioneers, their Referral Team, and Security Circle members. Only Pi balances associated with verified accounts will be eligible for transfer to the Mainnet balance. The Enclosed Network period allows time for Pioneers to complete KYC verification, ensuring a fair and equal opportunity for all Pioneers to participate in the Mainnet.
$BTC $ETH $BNB #uniswap #bnbburn #geminiearn #xrp
Pi Network launched its Mainnet in December 2021, initiating a crucial phase in the evolution of the project. The Mainnet launch heralds the migration of Pioneer balances from their wallet accounts, marking a pivotal moment for Pi Network and its global community of users.
Two-Phase Mainnet Transition
Pi Network’s Mainnet transition had to occur in two distinct phases: the Enclosed Network and the Open Network. The Enclosed Network, had commenced in December 2021, signifying the initial period where the Mainnet will be operational, albeit with a firewall preventing external connectivity. During this phase, Pioneers will have the opportunity to complete KYC verification and migrate their Pi balances to the live Mainnet blockchain.
This phased approach offers several advantages, including allowing millions of Pioneers worldwide to undergo KYC verification, building and deploying additional Pi Apps, transitioning existing Testnet applications to the Mainnet, and making necessary modifications to the Mainnet and the overall ecosystem before the network becomes fully open.
KYC Verification and Balance Migration
Integral to this transition is the KYC (Know Your Customer) authentication process, ensuring the authenticity of Pioneer accounts. KYC verification is a vital step in preventing fraudulent activities, enabling Pi Network to maintain its commitment to inclusivity and genuine participation. Verified Pioneers will be allowed to transfer their Pi balances to the Mainnet, fostering a secure and genuine ecosystem.
The balance migration process will be contingent on the KYC status of individual Pioneers, their Referral Team, and Security Circle members. Only Pi balances associated with verified accounts will be eligible for transfer to the Mainnet balance. The Enclosed Network period allows time for Pioneers to complete KYC verification, ensuring a fair and equal opportunity for all Pioneers to participate in the Mainnet.
$BTC $ETH $BNB #uniswap #bnbburn #geminiearn #xrp
FTX bankruptcy trustee FTX estate staked 5.5 million SOL (US$121 million) through Figment on the 14th, with an 6.99% APY. FTX Group currently holds 55.86 million SOL ($1.23 billion), of which more than 42.16 million SOL belongs to Alameda and is locked.#ftx #BinanceSquare #trading #avalanche $USDC $BTC
Combination of multiple indicators successfully caught the #Bitcoin's bottoms.
Stochastic indicator %K 🔵 falling below 20 signals the possibility of a bottom. At the same time, it forms a support trendline ⚪️ along the lows of %K. It caught the bottoms in 2015 and 2019 and fell below 20 again in Nov 2022.
RSI MA 🟡 falling onto near 50 (mid channel) signals another possibility of a bottom. It also forms a support trendline ⚪️ along the lows. It caught the bottoms in 2015 and 2019 and fell on 50 again in Nov 2022.
OBV smoothing line 🟠 has behaved a bit late in bottom signaling, but it can confirm the true bottoms coming. It also forms a support trendline ⚪️ along the lows.
It confirmed the bottoms in 2016 and 2019. It now confirm the true bottoms has come in May 2023.
#ftx #usdr #avalanche #galxe #BinanceSquare $BTC
Stochastic indicator %K 🔵 falling below 20 signals the possibility of a bottom. At the same time, it forms a support trendline ⚪️ along the lows of %K. It caught the bottoms in 2015 and 2019 and fell below 20 again in Nov 2022.
RSI MA 🟡 falling onto near 50 (mid channel) signals another possibility of a bottom. It also forms a support trendline ⚪️ along the lows. It caught the bottoms in 2015 and 2019 and fell on 50 again in Nov 2022.
OBV smoothing line 🟠 has behaved a bit late in bottom signaling, but it can confirm the true bottoms coming. It also forms a support trendline ⚪️ along the lows.
It confirmed the bottoms in 2016 and 2019. It now confirm the true bottoms has come in May 2023.
#ftx #usdr #avalanche #galxe #BinanceSquare $BTC
