Pi Network celebrates the sixth anniversary of March 14 with a series of new ecosystems updates. The platform has implemented innovations such as starting the. However, these developments were not positively reflected in the price of Pi Coin. Crypto currency fell to $ 1.46 by losing 14.48 %in the last 24 hours and 19 %on a weekly basis.
Pi Network is celebrating its sixth year
Picoreteam, social media platform X (Old Twitter) in a statement, the .pi domain name auction system offers users the opportunity to create special domain names announced. This system will last from 14 March 2025 to 28 June 2025 and the time can be extended if new offers are made within the last 24 hours. Users will be able to have a domain name by offering at least 10 pi coins. The highest bidder will obtain the right to register the domain name.
In addition, an important arrangement was made in the ecosystem for developers. Previously, developers who wanted to add applications to the Pi Browser ecosystem had to meet certain criteria. With the new update, developers suitable for the main network will be able to apply instantly and the process of listing their applications will progress faster.
Pifest: more than 100,000 businesses participate
Pi Network also launched a shopping event called Pifest. This event, which will be held from March 14 to 21 March 2025, aims to expand exchange with Pi Coin. More than 100,000 businesses were recorded in the event, while 49,000 of them were actively listed on the MAP of Pi platform.
Pi Coin continues its decline trend
Despite the development of ecosystem, Pi Coin fell by 14.48 %to the level of $ 1.46. There is a decline of 19 %on a weekly basis and 35.3 %in two weeks. The crypto currency has lost 51 %since it reached the highest level of all time with $ 2.99 on February 26th.
According to current technical indicators, Pi Coin continues to consolidate between $ 1.44 and $ 1.46. However, the 10 -day and 20 -day exponential moving averages (EMA) show that these thresholds should be crossed to recover the price. While developments in the crypto currency market are being monitored, Pi Coin is expected to be the scene of new fluctuations during the weekend.
