Exciting Update for Pi Holders! 🔥🚀
Since its listing for trading on February 20, 2025, Pi Coin has fluctuated between $0.60 and $3, currently stabilizing around $1.15, with strong support at $1.05. Following its initial surge and correction, Pi is now behaving like a standard cryptocurrency, awaiting key developments to influence its price. However, it remains a unique digital asset with massive potential, making this a great time to accumulate and hold.
Key upcoming catalysts include:
✅ More exchanges listing Pi Coin
✅ New merchant partnerships
✅ Advancements in the Pi ecosystem
✅ Growing awareness leading to increased adoption
✅ Progress in the auctioning of .pi domains
One major development is the introduction of the Domains tab in Pi Browser, allowing for the auctioning of .pi domain names. This marks a significant step in Pi Network’s vision of a decentralized, Web3-driven ecosystem. These domains can function as digital addresses for Pi-based websites, apps, or services, accessible through the Pi Browser or Web3-compatible platforms. Imagine businesses using "store.pi" as an online storefront, accepting Pi payments seamlessly.
Beyond just functionality, this initiative has economic implications. Bidding in these auctions either locks up or burns Pi (depending on the auction rules), effectively reducing its circulating supply. Speculation is already driving demand, with reports of high-profile domain names like "Samsung.pi" and "Amazon.pi" receiving bids as high as 45,000 Pi. This controlled scarcity could positively impact Pi’s value over time. Additionally, all proceeds from these auctions reportedly go back into the Pi ecosystem, fostering further development and expansion.
For Pi holders, this is an opportunity to secure a piece of Web3 real estate early. Some see it as a strategic investment—acquiring premium domain names now with the potential to sell them at a higher price later, much like the early days of internet domain flipping.
KYB approval is still pending. Stay tuned for more updates!
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