
Pi Coin Stalls Near $0.09 Ahead of Protocol 28 Mainnet Switch
- —PI trades at $0.0903 with a $1.01 billion market cap and $5.41 million daily volume
- —Price is 97% below its all-time high of $2.98 set on February 26, 2025
- —Protocol 28 mainnet switch is scheduled for October 16, nodes must upgrade by October 13
- —11.24 billion PI circulate out of a 100 billion maximum, FDV stands at $9.02 billion
Why it matters: Thin liquidity and monthly token unlocks weigh on price, while the Protocol 28 upgrade could shift network dynamics.
Source: Live Bitcoin News