Pi Coin Price Today: Latest Updates & Top 10 Virtual Currencies Ranking Revealed!

Pi Coin Price Today: Latest Updates & Top 10 Virtual Currencies Ranking Revealed!

In the ever - dynamic world of cryptocurrency,Why is Monero banned? staying updated with the latest prices and rankings is crucial for investors and enthusiasts alike. Today, we'll take a deep dive into the current price of Pi Coin and also explore the top 10 virtual currencies in the market.

Pi Coin Price Today

As of July 24, 2025, Pi Coin's price shows different values in various currency conversions. When converted to HKD, Pi Coin has a price of HK$ 3.52604, with a significant 6.3% drop (-HK$ 0.237074) compared to the previous period. This price is approximately equivalent to ¥3.2133 or ฿0.00000377. Its circulating market capitalization stands at HK$ 3526.04 billion, with a circulating supply of 7,711,572,859.10 Pi coins, and the circulation rate is 7.71%.

When it comes to the EUR conversion, the price of Pi Coin is $0.4466, down 7.11% (-$0.034183). The circulating market capitalization in this currency conversion is $3,443,988,438.87. The 24 - hour trading volume in EUR conversion is $112,287,273.93, with a 24 - hour high of $0.493088 and a 24 - hour low of $0.446596.

Looking at the historical data, Pi Coin has had a wide price range. The historical high price reached $32, while the historical low was $0.049. The 24 - hour trading volume was $15.56M, and the market capitalization was $4.49B, with a full - circulating market capitalization of $60.42B, and the ratio of market capitalization to full - circulating market capitalization is 7.44%.

FAQ: What factors could influence Pi Coin's price?

Several factors can influence Pi Coin's price. Market sentiment plays a significant role; if the overall market sentiment towards Pi Coin is negative, as indicated by the current data, the price may continue to decline. Also, the movement of a large number of tokens, such as the 6100 million tokens transferred to exchanges recently, can put downward pressure on the price. Additionally, the development progress of the Pi Network, like the transition to the open - network stage, can impact its long - term price trend.

Top 10 Virtual Currencies Ranking

While specific data on the top 10 virtual currencies ranking is not provided in this article, in the cryptocurrency market, rankings are usually determined by factors such as market capitalization, trading volume, and user adoption. Market capitalization is calculated by multiplying the current price of a cryptocurrency by its circulating supply. High - trading volume indicates strong market liquidity and investor interest.

Leading cryptocurrencies like Bitcoin and Ethereum often top the rankings due to their large market capitalizations, wide user bases, and established technological infrastructure. Newer projects may also break into the top 10 if they offer innovative features, strong use - cases, or have significant backing from the community or institutional investors.

FAQ: How often do the rankings of virtual currencies change?

The rankings of virtual currencies can change quite frequently. In the highly volatile cryptocurrency market, price fluctuations can occur within minutes or hours. A sudden increase or decrease in a cryptocurrency's price can lead to a change in its market capitalization, which in turn affects its ranking. Additionally, news events, technological developments, and regulatory changes can also cause rapid shifts in the rankings.

Pi Network Overview

Pi Network was founded by Stanford University graduates, aiming to enable more people to mine cryptocurrencies through a mobile application. It uses the Stellar Consensus Protocol (SCP), which emphasizes energy efficiency and wide accessibility. As of March 2, 2025, Pi Network entered the open - network stage, which started on February 20, 2025. This stage marks the transition from a closed network to a fully open blockchain.

The launch of the open - network stage is a critical turning point for Pi Coin's future development. According to the official Pi Network announcement, this stage removes the firewall, allowing Pi Coin to interact with external blockchains, exchanges, and commercial systems. Users can now transfer Pi Coin to external wallets, facilitating real - world transactions.

FAQ: What are the potential benefits of Pi Network's open - network stage?

The open - network stage brings several potential benefits. Firstly, it enhances the liquidity of Pi Coin as it can be more easily transferred and traded on external platforms. Secondly, it expands the use - cases of Pi Coin, as it can interact with other blockchain - based services and commercial systems. This could potentially increase its adoption rate and, in the long run, have a positive impact on its price.

Market Outlook for Pi Coin

Currently, the market sentiment towards Pi Coin is not optimistic. The recent price drops and the large number of tokens transferred to exchanges suggest a bearish trend in the short term. However, the long - term outlook depends on how well Pi Network can leverage the opportunities presented by the open - network stage. If it can attract more users, develop more use - cases, and gain wider acceptance in the market, there is a possibility for Pi Coin to recover and even experience significant growth.

Investors should always conduct their own research (DYOR) before making any investment decisions in the cryptocurrency market. The high volatility and uncertainty in this market mean that both opportunities and risks are substantial.

Conclusion

Pi Coin's current price situation reflects the complexity and volatility of the cryptocurrency market. While it has faced recent price drops, the transition to the open - network stage offers a glimmer of hope for its future. Keeping an eye on the top 10 virtual currencies ranking can also provide valuable insights into the overall market trends. As always, stay informed, do your due diligence, and be prepared for the ever - changing nature of the cryptocurrency world.

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