- Pi coin jumps over 40% today despite bearish momentum in the broader crypto market.
- Pi Network grace period has come to an end on Feb 28, 2025.
The crypto market is showing sluggish momentum as Bitcoin is trading in the $86K price range. However, few altcoins such as Pi Coin, KAITO, and LTC are recording notable growth in terms of their price movements. In particular, Pi Coin remains on the headlines ever since its Open Network launch on Feb 20.
Pi coin is trading at $2.65 at press time with around a 40% surge in the last 24 hours. It started trading on Feb 20 with a starting price of $1.4821. After reaching an all-time high value of $2.99, it is now trading in the $2.6 – $2.7 price range. With increased hype around the project across social platforms, the 24-hour market cap is hovering around $3.61 billion. And, its market cap surpassed $17 billion.
Pi Network Grace Period Comes to an End on Feb 28
As per its earlier announcements, the Pi network grace period ends tomorrow, Feb 28 after the extension. Originally, it was scheduled to end on Jan 31, 2025. However, the team gave one more month for Pi pioneers to complete their KYC and migrate from testnet to mainnet.
Since Pi Open Network launched on Feb 20, it has been the talk of the town in the industry. All the pioneers who mined Pi coins through their mobile apps are now actually holding and trading Pi coins. Despite the bearish market sentiment, the Pi tokenprice is surging relentlessly.
Earlier today, the Pi Network called all the pioneers, businesses, and developers to contribute to their Open Network in their possible ways. The Pi Coin hype is not going to stop anytime soon despite the market conditions.
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