PI Token crossed $0.23 today before pulling back a bit.
The updates recently implemented by the team, as well as the upcoming updates, continue to be a core asset of Pi Network, as PI is among the few alts in the green today.
In addition to the expected completion of the v20.2 protocol upgrade tomorrow, the Pi Network community is also looking forward to Pi Day – March 14th.
Upcoming Pi updates
The last few weeks have been very eventful for Pi Network, especially in terms of updates and price movements. On February 21st, the team announced that the v19.6 protocol port was successfully completed and the next iteration, v19.9, arrived on March 4th.
They explained at the time that the v20.2 update was next, and that the initial release date was set for March 14th, which was later moved to March 12th. Both updates already completed were followed by impressive price gains from PI, and it looks like the hype for the upcoming update hasn’t disappointed yet.
Another factor that can increase the native sign is the increase to Pi Day, March 14, due to its symbolic similarity to the mathematical constant π. As was the case last year, the community braced itself for major announcements, perhaps a listing on a top-tier exchange like Binance.
PI rejects market correction
As mentioned above, protocol updates and possibly the anticipation of Pi Day have led to some impressive gains in PI in recent times. The token has risen more than 6% in the past day and is below 0.23 inches. Furthermore, it is one of the top performing crypto assets on a monthly basis, gaining 56% and up 73% since its low of $0.1312 on February 11.
A few things to watch for future price movements include the token opening schedule, as starting today, over 13.5 million coins will be opened in three consecutive days, and that number will reach 17 million on March 17th. In addition, PI has a good history of doing well in the weeks before big announcements or updates, just after the classic news sell.
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