The distinctive PI is the tanks – but can the new PI network partly turn things?

TL; D

• Since its official launch almost a month ago, the PI symbol has gone through a volatile trip, but last week or so was very painful.
• The project announced an important partnership during the past 24 hours – can the large correction that paid its price to less than one dollar can stop?

I remember that the controversial project, which was under development for about half a decade, recently released its open network on February 20, which also witnessed the launch of the PI.

The original moved from approximately $ 2 to less than $ 0.7 within hours before it exploded to the highest new level ever from $ 3, just days after the uproar of many encryption exchanges. However, the controversy continued as BYBIT CEO said that his exchange will not include him because he considers it a fraud, while Binance has not yet added to his platform, although society voted greatly.

PI started in a state of infection, and the past seven days were especially painful. The distinctive symbol, which was close to the 10 best cryptocurrencies by maximum market, decreased by 34 % per week and is now in twenty -fifth, according to Coingecko.

Although there is no clear end to these prices on the horizon, the Pi News (official media source behind the project) announced a great partnership yesterday, which may be the reason behind a 7 % increase on a daily scale.

Cooperation with Pidaoswap, a project “100 % driven by society” that no individual owns. “100 % DAO governance, 100 % transparency, and full decentralization,” said the Post.

Large partnerships can affect the price of the basic asset positively, especially in the long run, if they prove their success. It will be interesting to know if PI will benefit from this cooperation in the near future. This particular person can reduce some controversy over the project, given the date of launch delay, KYC procedures and final dates.

We are pleased to announce that we formally entered into a strategic partnership with pidaoswap_ She became a member of Dao in Pidaoswap. Pidaoswap project is not owned by any individual individual-it is driven by society by 100 %, and includes 100 % DAO governance, 100 % … pic.twitter.com/mxevaexwxk

Pi News (Pinewsmedia) March 21, 2025