Pi Network Launches DeFi Tools as PI Token Trades 90% Below ATH
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- Pi Network launches Testnet DeFi tools to shift 60M users from participants to builders.
- Token creation feature targets utility-based projects, avoiding speculative asset models.
- Pi trades at $0.2695 with bearish indicators, RSI near oversold and MACD showing weakness.
Pi Network rolled out new development features on its blockchain Testnet in a bid to shift its 60 million users from passive participants into active builders.
The upgrades, which include a decentralized exchange, automated market maker pools, and token creation functions, arrive at a critical moment, with Pi’s token trading nearly 90% below its all-time high. The move raises the question of whether real functionality can restore confidence after steep losses.
Related: After Six Years, Is the Pi Network Finally Delivering?
Developers and Community Begin Testing Features
The Pi Core Team c…
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1d ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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