PI (Pi) rose by 3.18% in the last 24 hours.

Gate News Bot news, on September 4th, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.36, with a rise of 3.18% in the last 24 hours, reaching a high of $0.40 and a low of $0.34. The current market capitalization is approximately $2.843 billion, an increase of $87.5 million compared to yesterday.

Pi is a digital currency that can be mined on mobile phones. It uses breakthrough technology, allowing users to mine on their phones without consuming power. Pi aims to enable more people to participate in the cryptocurrency revolution and is a decentralized, secure, tamper-proof, and interoperable digital currency. Pi's mobile mining technology is both user-friendly and environmentally friendly, requiring minimal power consumption.

Important news about PI recently:

1️⃣ The price is fluctuating upwards, with a significant rise in the short term.

PI has risen by 3.18% in the past 24 hours, continuing its recent upward momentum. From the decline on September 1 to the current rebound, PI has shown strong price resilience. The current price has rebounded from the previous low of $0.33 to $0.36, indicating that market buying power is strengthening.

2️⃣ market capitalization steadily rise, investor confidence improved

The current market capitalization of PI is approximately $2.843 billion, an increase of $87.5 million compared to the previous day. The continuous rise in market capitalization reflects the recovering confidence of investors in the PI project. As a cryptocurrency ranked among the top by market capitalization, PI's performance has certain indicative significance for the overall market sentiment.

3️⃣ The mobile mining model continues to attract user attention.

The unique mobile mining technology of PI continues to attract user attention. This mining method, which requires no large amount of electricity, is user-friendly and environmentally friendly, aligning closely with the current market's focus on sustainability. As awareness of environmental protection increases, this feature of PI may become an important advantage for its long-term development.

From a technical perspective, PI has currently broken through the resistance level of $0.34 and is challenging the short-term high of $0.40. If it can break through this level, it may attract more buying interest and drive the price further up. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor potential retracement risks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.