Pi Networkโs (PI) main token Pi coin has found its way to restore an important support level after the core team dropped a key update. Celebrating the 100th day of Piโs mainnet launch, the devs took it up a notch to introduce a $100 million fund for building innovative startups on the chain.
Pi Team Splashes New Fruity Game Update
This is done in a quest to bring real-world utility to Pi Network, starting with a gaming platform. In their freshest blog post, Pi core developer team introduced the FruityPi – an easy-play fruit-matching game, which runs in three different modes.
Sponsored
Players can skip the registration process & just choose between Fruit, Salad or Poly game modes in the mobile-friendly fruity adventure. Besides making an entrance into casual gaming, Pi core devs thanked the Pioneer community for continuous loyal support & shared some key stats about Pi coinโs network status & health.
The core team reported that 3 million fresh Pioneers had transitioned onto the mainnet in the recent months, now counting up over 13 million Pioneers on Piโs mainnet. Meanwhile, the Pi coin allocation process is ongoing, migrating 7.4 billion Pi coins to the mainnet, 5.2 billion of them locked & 2.2 billion already in circulation.
How Far Is Pi Coin From Hitting $1 Again?
Struggling for the most time after achieving the $2.99 all-time peak one week into launch, Pi coinโs price is slowly reclaiming a major demand territory of $0.60. The level is particularly important, as $0.60 support served as the catalyst for Pi coinโs rally to $1.51 on May 12, 2025.
Since then, Pi coinโs market value has crumbled significantly, dipping 31.5% over the past 30 days. Presently, the technical one-day crypto charts hint at Pi coinโs price flirting with the green Bollinger Band (BOLL), solidifying the chances of another bounce from this Pi price level.
Besides, cryptocurrency whales havenโt been actively acquiring the dip, and it shows in two key metrics. First of all, the Chaikin Money Flow (CMF) meter carries on dwelling at below -0.10, stating that large holder sell-offs are still frequent. Additionally, the True Strength Index (TSI) showcased negative value on both oscillators, hitting at crypto beers still turning the tides.
On The Flipside
- Previously, the Pioneer community was fuming due to repetitive .Pi domain updates, as well as the lack of major exchange listings.
- Pi2 Day, a celebration paying homage to the ฯ symbol, can completely flip the tables on June 28, 2025 with a rumored Binance listing.
Why This Matters
Uniting over 70 million crypto enthusiasts, Pi Network has brought crypto mining to the mainstream, making mining accessible without special hardware and super computers.
Explore DailyCoinโs hottest crypto news:
XRP Ledger Adds USDC via Uphold as Genius Act Clears Senate
ETH Staking Hits Record High After Pectra
People Also Ask:
The Pi Core Team dropped news on their 100th day since mainnet launch, hyping ecosystem growth. Itโs got Pioneers stoked, possibly fueling the Pi price bounce to $0.53.
Piโs price ticked up 0.58% to $0.53, likely due to the updateโs hype and oversold technicals. X posts suggest Pioneersโ HODLing and optimism around events like Pi2Day are pushing the vibe.
Not so fastโPiโs volatile, with a 55% drop last month and $234M in token unlocks looming. The reboundโs cool, but bears on X warn $0.50 supportโs key, so donโt FOMO yet.
The updateโs a flex, but X users say KYC issues and .pi domain auction flops still sting. The price bounce is hopeful, but Pioneers want real progress, so stay skeptical.
Hold upโcryptoโs wild, and Piโs no moon shot yet. Do your research (DYOR), peep X for community takes, read DailyCoin and play it safe before stacking Pi in your bag.
