PI (Pi) has risen 3.57% in the last 24 hours.

Gate News Bot news, on November 17, according to CoinMarketCap, as of the time of writing, PI (Pi) is currently priced at $0.23, with a 3.57% rise in the last 24 hours, reaching a high of $0.24 and a low of $0.21. The 24-hour volume is $34.4 million. The current market capitalization is approximately $1.888 billion, an increase of $65 million compared to yesterday. PI is currently ranked 46th in the global crypto assets market capitalization.

Important news about PI recently:

1️⃣ The DeFi features of the testnet continue to improve Pi Network has launched a series of new features on the testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swaps, liquidity mining, and other DeFi operations. The launch of these features indicates that Pi Network is actively expanding its ecosystem, laying the groundwork for DeFi applications on the mainnet, and is expected to enhance the project's utility and appeal.

2️⃣ Strategic Investment to Expand AI Application Scenarios Pi Network Ventures has made a strategic investment in OpenMind, and the two parties will jointly build a decentralized operating system for robots. This move is expected to expand the application scenarios and influence of Pi Network in the fields of AI and robotics technology, bringing new development opportunities to the project and potentially enhancing the long-term value of PI.

3️⃣ Improved market sentiment drives price rise Recently, the Crypto Assets market has shown an overall warming trend, and PI, as an emerging project, has also benefited from this positive atmosphere. The 3.57% rise within 24 hours reflects the gradual recovery of investor confidence, but attention still needs to be paid to the sustainability of the subsequent market trends.

From a technical perspective, the PI price has broken through the resistance level of 0.23 USD, showing a short-term rise trend. However, considering the high volatility of the Crypto Assets market, investors still need to remain cautious and closely monitor market changes. On the fundamental side, Pi Network continues to advance ecosystem construction and strategic cooperation, but it is still in the development stage, and its long-term value awaits further validation by the market.

This message does not constitute investment advice; investors should be aware of market volatility risks.