Pi Network’s native token, PI, has seen its market capitalization slip below $1 billion, extending a period of selling pressure. Data cited in the report showed the token fell 10% over the past seven days and 68% over the past 12 months, while trading volume also declined over the same period. The move came after the network recently completed upgrades including Protocol 28, which were designed to improve smart contract capabilities. The figures referenced in the brief were attributed to CoinPedia, while the item was carried by Techub News. The report did not provide additional details on pricing levels, exchange-specific activity, or a precise timeline for the volume decline beyond the stated performance windows.
Pi Network’s native token PI has fallen below a $1 billion market capitalization, according to a Techub News brief, with the token still facing selling pressure.
Data cited in the report showed PI was down 10% over the past seven days and 68% over the past 12 months. Trading volume also moved lower during the period.
The decline came after the network recently completed upgrades including Protocol 28, which were intended to improve smart contract capabilities. The data referenced in the brief was attributed to CoinPedia.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
