The PI token exceeded $0.23 earlier today before it retraced slightly.
The updates recently implemented by the team, as well as the upcoming ones, continue to benefit Pi Network’s underlying asset, as PI is among the few alts in the green today. Aside from the expected completion of protocol v20.
2 upgrade by tomorrow, the Pi Network community is also anticipating Pi Day – March 14.The past several weeks have been quite eventful for Pi Network, especially in terms of upgrades and price movements. On February 21, the teamThey explained at the time that the v20.2 update was next in line, with initial deadline expectations set for March 14, which was later moved to March 12. Both of the already completed updates wereAnother factor that could be boosting the native token is the buildup to what became known as Pi Day, March 14, due to its symbolic resemblance to the mathematical constant π. As it happened last year, the community has hyped itself up, expecting some major announcements, perhaps a listing on a top-tier exchange such as Binance.As mentioned above, the protocol updates and perhaps anticipation for Pi Day have resulted in impressive gains for PI lately. The token is up by over 6% in the past day and sits just inches below $0.23. Moreover, it’s one of the best-performing crypto assets on a monthly scale, gaining 56%, and it’s up by 73% since its latest all-time low of $0.1312 marked on February 11. A few things to consider for its future price moves include the token unlock schedule, as over 13.5 million coins will be unlocked in three consecutive days starting today, and the number will jump to 17 million on March 17. Additionally, PI has a history of performing well in the weeks leading up to big announcements or updates, only to crash hard after in a classic sell-the-news event.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information. Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.XRP Exchange Transactions Fall to Historic Lows: Good or Bad for Ripple’s Price?Play Video
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