Pi Network Price Up 2% as Mining Lead and Upgrade Shape Bullish Setup

1 month ago 26

Rommie Analytics

  • Pi Network holds 95% of the mobile mining sector and approaches Protocol 22.
  • Pi Network price recovered from $0.176 and traded at $0.1824.
  • Pi Network price leans bullish if the token holds higher lows and breaks nearby resistance.

During today’s Asian trading session, the Pi Network price opened the market at $0.1839 before a sharp dip followed. This dip comes at a time when Pi Network is bracing for several developments in the market. These developments have fueled talks on what the next Pi Network price would look like as the bulls hold strong against bears.

Pi Network Holds 95% Share of Mobile Mining Sector

One of the recent developments is Pi Network’s dominance in mobile mining. Pi Network remains the largest mobile mining project by market value. Category data places its market cap at $1.85 billion. That figure gives it about 95% of the listed mobile mining sector.

The wider category stands near $1.94 billion. Pi Network sits ahead of competing projects. This gap keeps the project at ...

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