Pi Network News Today: April 18th

Pi Community retains making headlines whereas its token stays on the middle of daring value predictions. On this article, we’ll break down the newest developments from the previous few days.

Pi Community will increase its world presence

Earlier at this time (April 18), Pi Information (a information channel devoted to protecting Pi Community actions) revealed that the undertaking was added as an official sponsor of Consensus 2025.

The annual convention, which can cowl cryptocurrencies, Web3, and AI, will happen in Toronto, Canada, from Might 14 to 16. Different entities that seem as sponsors alongside Pi Community embrace Nomyx, OpenFortune, Rootstock, Stacks, and others. 

According to X consumer Pioneer, Pi Community’s Founder & Head of Expertise, Nicolas Kokkalis is about to take the stage on the convention. Some outstanding names anticipated to attend the occasion are Eric Trump (the son of US President Donald Trump) and Robert Hines (Govt Director of the President’s Council of Advisors for Digital Property on the White Home).

Itemizing indicators from HTX, PI staking, and extra

One of many main crypto exchanges – HTX (previously referred to as Huobi) – just lately uploaded a mysterious publish on X. A pyramid stands on the middle of the image, whereas a skyline of towering skyscrapers is in the background. The Pi Community group rapidly noticed PI’s brand on one of many buildings, speculating that HTX may turn into the subsequent buying and selling venue to checklist the token.

Backing from this high-profile alternate might considerably improve the asset’s liquidity and accessibility, which can positively influence the worth. 

Nevertheless, HTX’s trace shouldn’t be considered a assured itemizing, because the group has seen earlier related strikes from Binance and even perhaps Coinbase.

For now, the exchanges offering providers with the token embrace OKX, Gate.io, MEXC, CoinEx, and others.

Individually, MOON JEFF (an X consumer who often touches upon Pi Community) revealed that the PI on-ramp has turn into accessible on the Zypto App. 

“Now you can purchase PI together with your financial institution card or cell cash. Quite simple,” he mentioned.

Pi Information, then again, famous that PI staking is now accessible on OhPlay, the place customers can stand up to 192% APY beneath sure situations.

The identical information channel bragged concerning the community’s speeds and transaction prices, that are reportedly quicker than these on Ethereum and even cheaper than these on Ripple.

PI value outlook

The native token of Pi Community has recorded a slight improve within the final 24 hours, and it at present trades at round $0.61. Nevertheless, this represents a extreme decline in comparison with the native prime of $0.77 witnessed final week and an enormous collapse from the all-time excessive of virtually $3 observed on the finish of February.

Regardless of the pullback, some analysts are optimistic {that a} new all-time excessive is only a matter of time. MOON JEFF claimed PI is able to explode to $5, including that BANXA has been shopping for extra tokens to promote to fiat customers. 

Then again, buyers ought to watch out for the main launch of 212 million tokens scheduled for the subsequent 30 days. The unlock is likely to be adopted by a value drop ought to buyers determine to promote their long-awaited property.