The post Why Pi Coin Price Is Up Today? appeared first on Coinpedia Fintech News
Pi Network coin price has surprised many traders today by rising nearly 8% and reaching a price of about $0.487. This recent surge has caught the attention of many as the entire cryptocurrency market is trading in red.
What’s behind this sudden price jump? Some say it’s because of new developments, while others point to growing interest in the coin.
Let’s find it out!
Pi Network Sees Developer Boom
The recent surge in Pi Network coin is attributed to the recently launched App Studio. This tool has already helped people build over 8000 apps. So far, 2.6 million users joined in, and around 761,000 have finished all the steps to launch their ideas.
The staking feature is also adding fuel. More than 37.7 million Pi coins have been staked to support over 1,450 apps, backed by 16,000 users.
Meanwhile, popular projects like Healthy Life, BLACKHOLE, and FlapPi Bird show what’s possible
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