The Pi Coin's price has been a subject to rapid fluctuations

This is marked by a sharp decline recently. The price of the Pi Coin has fallen 58.49% in the last 30 days.

The price of Pi Coin has fallen sharply in recent days, despite the launch of the Open Mainnet by Pi Network on February 20, which enabled users to transfer their PiCoin outside the network for the first time. This has led to the coin being listed on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX.

Following the mainnet launch, Pi Coin’s price has crashed significantly, falling about 55% to around $1 after some investors were trading the coin at very high prices, up to $200, and this created unrealistic expectations about it.

This also comes as major cryptocurrencies, including Pi Coin, and Bitcoin are continuously declining. The decline comes despite Donald Trump establishing the US Crypto Reserve.

The market reaction to the US Crypto Reserve news was somewhat disappointing, as investors had anticipated the US would inject new funds into the cryptocurrency market, rather than just setting aside existing assets, as per the media reports.

Latest Price And Market Capitalization Of Pi Coin

The price of one Pi Coin is $0.717421 with a 24-hour trading volume of $309.45 million, according to Binance.

The PiCoin price is currently down 1.68% in the last 24 hours, and the coin’s market capitalization stands at $6.77 billion.

How To Buy It?

Mine It On Mobile

The creators of Pi Network launched the project in March 2019. The mobile app that the network operates on can be downloaded on both Apple and Android devices.

To begin mining PiCoins, users must create an account on the app and then add a friend to their network. After that, users can return to the app every five hours to claim their PiCoins.

The minimum balance to withdraw to an exchange is 100. To withdraw to an exchange, users must complete the identity verification process and provide valid personal details.

The token can also be purchased on crypto exchanges like Binance, Bitget, and OKX.

How To Buy And Trade It?

Now that Pi Coin is listed, buying and selling is quite easier. Here’s how to get started:

1. Choose a cryptocurrency exchange: There are several cryptocurrency exchanges available, such as Binance, Bitget, and OKX, where you can buy and sell PiCoin.

2. Open an account and get verified: To start trading on any exchange, you'll need to create an account and complete the identity verification process by providing personal details and documents.

3. Fund your account: Once your account is set up, you'll need to deposit funds to purchase PiCoin. Most exchanges accept bank transfers, credit/debit cards, and other payment methods.

4. Buy PiCoin: With funds in your account, you can now search for PiCoin by its name or ticker symbol. Input the amount you wish to buy and confirm the transaction.

5. Store or trade: After buying PiCoin, you can choose to store it in a hardware wallet for long-term holding or use it for further trading by exchanging it for other cryptocurrencies on the exchange.