{"id":57588,"date":"2025-04-08T10:25:53","date_gmt":"2025-04-08T10:25:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57588"},"modified":"2025-04-08T10:25:53","modified_gmt":"2025-04-08T10:25:53","slug":"pi-network-news-today-april-8th","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57588","title":{"rendered":"Pi Network News Today: April 8th"},"content":{"rendered":"

Despite its controversy, Pi Network remains one of the most talked-about cryptocurrency projects, while its native token has been on a rollercoaster lately. In this article, we will touch upon anything new on the matter that happened in the past few days.<\/span><\/p>\n

Partnerships pile up<\/span><\/h2>\n

Just recently, Pi News (an X channel dedicated to the project with over a million followers) <\/span>shook hands<\/span><\/a> with Pi CrowdFund (a Web3 platform based on the Pi Network public chain). <\/span><\/p>\n

The latter highlighted the collaboration, saying the main goal will be \u201cto provide timely and accurate updates on Web3 projects within the Pi ecosystem.\u201d<\/span><\/p>\n

Earlier this month, Pi News <\/span>inked<\/span><\/a> a deal with PiPhrase, which <\/span>was described<\/span> as an \u201cinnovative, transparent Web3 Pi project that aims to protect Pioneers whose Pi Wallet Keys have <\/span>been exposed<\/span>.\u201d<\/span><\/p>\n

The partnership aims to assist users in recovering their keys, particularly if they have misplaced <\/span>1, 2<\/span>, or even<\/span> 3 <\/span>words from their 24-word Pi Wallet.<\/span><\/p>\n

PI price volatility<\/span><\/h2>\n

The native token of Pi Network has been in massive decline since its all-time high of almost $3 at the end of February. It <\/span>plunged<\/span><\/a> well below $0.50 on April 4 before <\/span>witnessing<\/span><\/a> a solid rally above $0.70 the following day.<\/span><\/p>\n

However, the start of the business week offered more pain to the bulls as PI <\/span>was <\/span>not spared<\/span><\/a> amid the bloodbath of the entire cryptocurrency sector. Currently, the price is hovering at around $0.57, representing a 63% decrease on a monthly scale.\u00a0<\/span><\/p>\n

Despite the negative performance, some market observers remain optimistic. The X user MOON JEFF <\/span>expects<\/span><\/a> PI to reach a new all-time high by June, basing the forecast on the potential end of the global trade war.\u00a0<\/span><\/p>\n

Interestingly, mere days ago, he <\/span>called<\/span><\/a> Pi Network a slow rug pull and claimed that the native token <\/span>will<\/span> never reach $1 again.\u00a0<\/span><\/p>\n

Support from exchanges and big buy, but Binance stands <\/span>aside<\/span><\/h2>\n

Numerous cryptocurrency platforms introduced<\/a> trading services with PI following the <\/span>launch of the<\/span> project\u2019s Open Network.<\/span> Some examples include OKX, Bitget, Gate.io, and the most recent <\/span>BTCC<\/span><\/a>.<\/span><\/p>\n

Binance was also rumored to join the club after issuing<\/a> a community vote to determine whether its users want to see PI available on the trading venue. Over 86% of those who took part in the initiative picked the \u201cyes\u201d option, but the company has yet to respect their wishes.<\/span><\/p>\n

Its lack of action has <\/span>caused<\/span><\/a> frustration across the PI community, with some members doubting that Binance will ever embrace the token.\u00a0<\/span><\/p>\n

Separately, BANXA, a global infrastructure provider, has reportedly<\/a> bought over 30 million PI tokens (valued at almost $20 million at the time of the transactions), which goes to show the entity\u2019s belief in the Pi Network ecosystem.<\/p>\n

The post Pi Network News Today: April 8th<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Despite its controversy, Pi Network remains one of the most talked-about cryptocurrency projects, while its native token has been on a rollercoaster lately. In this article, we will touch upon anything new on the matter that happened in the past few days. Partnerships pile up Just recently, Pi News (an X channel dedicated to the […]<\/p>\n","protected":false},"author":0,"featured_media":57589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57588"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57588"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57589"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}