Pi Network Updates: Holiday Cheers and Potential Price Revival
Holiday Cheer Abounds As Pi Network Embarks On Its Community Commerce Initiative
Pi Network recently launched its Community Commerce Initiative inviting users to get their hands on amazing discounts from merchants that accept the pi token, it truly is something you should be taking advantage of right now.
To add to the excitement of this holiday season Pi Network’s team decided to host a community raffle where lucky winners will be walking away with awesome pi-branded merchandise, and we’re talking about fun things like t-shirts and hats here, very cool indeed.
Updating The Decentralized Exchange And Automated Market Maker
Significant updates have been rolled out to Pi Network’s decentralized testnet exchange and Automated Market Maker, and I’m here to tell you all about it. One of the most notable changes is a shift towards pi-denominated liquidity pairs with the goal of making pi the primary base asset across the testnet exchange. Mirroring the liquidity models from established DeFi ecosystems, it should definitely help create a better and more stable price for pi token.
Maintaining Price Stability Is Key
Pi Network has experienced stability around the $0.20 support level after an eventful October and November, despite experiencing some minor fluctuations, they still managed to hold, and we can see that pi is just above this support level now. Another thing that’s happening, is that people are withdrawing their tokens from trading platforms which could ease the selling pressure and potentially even boost the price of pi.
The Rumours Of Binance Listing
There’s a possibility that pi is going to be listed on Binance, which could greatly impact pi’s price. Although, nothing has been officially confirmed we just have to wait and see how it plays out.
Pi Network’s recent activities and market stability suggest a positive outlook as we step into the new year, which is very, very thrilling indeed.
