Pi Network's Pi Coin Experiences A Growth Of 6.2%, Surpasses Bitcoin, Ethereum, And Other Top Cryptos

Pi Network's Pi Coin has experienced a growth of 6.2%, in the last 24 hours. With this, Pi Coin has surpassed certain top cryptocurrencies, such as Bitcoin (+3.4%),

Pi Network’s (PI) native token, Pi Coin, has experienced a significant growth of 6.2%, in the last 24 hours. With this, Pi Coin has surpassed certain top cryptocurrencies, such as Bitcoin (BTC) (+3.4%), Ethereum (ETH) (+3.7%), XRP (+3.1%), BNB (+4.5%), and Solana (SOL) (+2.6%).

According to several crypto price tracking websites, the Pi Coin’s price surged by 1,676.68% since the Pi Network’s mainnet launch. In the meantime, the crypto market has dropped by around 9.9%.

It is worth noting that many prominent exchanges, like Binance, are likely to list PiCoin (PI) soon. Crypto experts at Benzinga expect that if the price of PI breaches the $1.90 mark with sufficient volume, a strong rally towards $10 could unfold.

However, if it fails to penetrate this barrier, they anticipate selling pressure to surface, pushing the price downwards to a low of $1.54. They further predicted that the bulls must maintain support above $1.74 to generate a bullish breakout.

What Is Pi Network?

Pi Network is a mobile cryptocurrency that can be mined through the users’ smartphones. It is an initiative started by Stanford graduates, aiming to create a cryptocurrency that can be easily accessible to the masses.

The Pi Network’s Open Mainnet was launched officially on February 20, this year. This enabled users to transfer their PiCoin outside the network for the first time. With the launch, this PiCoin is now available on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX.