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The coin market cap of Pi has seen significant fluctuations over the past year, with a high of $1.4 billion and a low of $400 million.
Pi's price has been affected by market trends, with a notable increase in value following a successful airdrop in 2021.
With a circulating supply of over 2.5 billion tokens, Pi's market capitalization is substantial, but its price volatility remains a concern for investors.
Pi's price is highly sensitive to changes in the broader cryptocurrency market, and its value can drop quickly in times of market downturn.
What is Wrapped Pi
Wrapped Pi, or WPi for short, is a token generated by the PiBridge project as an alternative to the native Pi coin. It allows communication between Binance Smart Chain and Pi Network.
WPi abides by the BEP-20 standard, which grants access to decentralized finance features on the Binance Smart Chain, such as exchange, lending, borrowing, and predicting. These features can be used to maximize the potential of your WPi.
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One WPi is endorsed by a native Pi in a 1:1 ratio, which means that when one WPi is generated on Binance Smart Chain, one native Pi will be locked on Pi Network, and vice versa. This ensures the value of Pi and WPi are in equilibrium.
To use WPi, you need to follow these simple steps:
- Choose the destination chain and enter the receiving wallet address
- Confirm the transaction and check the balance of the receiving wallet.
Wrapped Pi Market Data
The Wrapped Pi price is currently $0.483674 USD, with a 24-hour trading volume of $168.96 USD.
This price is subject to change in real-time, so it's a good idea to keep an eye on it if you're considering investing in Wrapped Pi.
Wrapped Token Basics
Wrapped Pi (WPi) is a token generated by the PiBridge project, serving as an alternative to the native Pi coin for communication between Binance Smart Chain and Pi Network.
The WPi token adheres to the BEP-20 standard, granting it access to decentralized finance features on the Binance Smart Chain, including exchange, lending, borrowing, predicting, and more.
One WPi is endorsed by a native Pi in a 1:1 ratio, ensuring the value of Pi and WPi are in equilibrium.
Here's a step-by-step guide to sending WPi:
- Choose the destination chain and enter the receiving wallet address
- Confirm the transaction and check the balance of the receiving wallet.
Wrapped Pi Price Live Data
Wrapped Pi is currently trading at $0.483674 USD. This price is subject to change in real-time.
The trading volume for Wrapped Pi in the last 24 hours is $168.96 USD, which is a significant drop from the previous day's trading volume of $298,173.
The Wrapped Pi price has decreased by 10.61% in the last 24 hours, making it a volatile market to navigate.
At the time of writing, Wrapped Pi has a market capitalization of $509,453 USD and a circulating supply of 1,053,300 WPI coins.
Live Price Analysis
The current real-time Pi price is $50.03, and its trading volume is $298,173 in the last 24 hours.
In the last day, the PI price has grown by 1.26%. This is a relatively small increase, but it's still a positive sign for the market.
The current market capitalization of Pi is $0, with a maximum supply of 100,000,000,000 PI coins. This is a significant number, and it's worth noting that the circulating supply is currently 0 coins.
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Pi's rank on the market is #2039, which is a relatively low ranking compared to other cryptocurrencies. However, this doesn't necessarily mean that Pi is a bad investment.
The Pi price today is 84.87% below its all-time high, which is a significant drop. On the other hand, it's 27,789.47% above its all-time low, which is a huge increase.
The most active and popular exchanges for buying or selling PI are Binance, Kucoin, and Kraken. If you're looking to trade Pi, these are the exchanges to consider.
The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor. These wallets are highly recommended for anyone looking to store their Pi coins securely.
Analysis and Insights
The current real-time Pi price is $50.03, and its trading volume is $298,173 in the last 24 hours. This indicates a moderate level of activity in the market.
Pi price has grown by 1.26% in the last day, and increased by 2.25% in the last 7 days. This suggests a steady upward trend.
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The current market capitalization of Pi is $0, with a maximum supply of 100,000,000,000 PI coins. This is a significant aspect to consider.
Pi has 0 circulating coins, which is an interesting aspect of its current market situation. This could be due to various factors, including a lack of adoption or a focus on other projects.
The Pi price today is 84.87% below all-time high, and it is 27,789.47% above all-time low. This highlights the significant fluctuations in its value over time.
The most active and popular exchanges for buying or selling PI are Binance, Kucoin & Kraken. These exchanges are well-established and reputable in the crypto space.
Ledger and Trezor are the most secure hardware wallets for keeping your cryptocurrency safe, according to the article. It's essential to use a reliable wallet to protect your investments.
Buying and Selling
When buying and selling Pi, you have several options, but the most active and dominating exchanges are Binance, Kraken, and Kucoin.
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These exchanges offer the most popular Pi trading pairs, with PI/USDT being a standout on BitMart.
You can access custom and exclusive discounts, vouchers, and welcome bonuses from these exchanges through the Crypto Deal Directory.
Binance, Kraken, and Kucoin are the go-to places for buying and selling Pi, with PI/USDT being a top choice on BitMart.
Pi Network Overview
Pi Network is a social media platform that rewards users with Pi coins for contributing to a virtual forest. It's a unique approach to cryptocurrency.
Pi coins are mined by users who contribute to the virtual forest by planting trees, which are represented by digital tokens. This process is called "forestry."
The Pi Network is a decentralized, open-source platform that allows users to mine Pi coins using their mobile devices. It's a relatively new concept in the cryptocurrency space.
Pi coins are stored in a digital wallet, which can be accessed through the Pi Network app. This allows users to manage their Pi coins and track their forestry progress.
The Pi Network has gained significant traction since its launch in 2019, with millions of users joining the platform. Its popularity continues to grow.
Frequently Asked Questions
How much is 1 pi worth now?
As of now, 1 Pi is worth $49.96 USD. The price is subject to change, so check back for the latest updates.
Sources
- https://www.hokanews.com/2024/10/market-surge-pi-networks-market-cap.html
- https://coinmarketcap.com/currencies/wrapped-pi/
- https://www.bitdegree.org/cryptocurrency-prices/pinetwork-pi-price
- https://www.hokanews.com/2024/12/pi-network-climbs-to-11th-place-on.html
- https://stackoverflow.com/questions/79319670/calculate-marketcap-of-a-token-in-dune-analytics
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