Pi Network (PI) News Today: December 2nd
The crew behind Pi Network rolled out a number of updates up to now few weeks, with some X customers speculating that extra main bulletins are on the way in which.
While the mission’s native token stays in inexperienced territory on a two-week scale, sure indicators recommend it is likely to be gearing up for a short-term correction.
The Latest Endeavor and More
Towards the top of November, Pi Network’s crew collaborated with CiDi Games (a gaming platform that builds Pi-integrated video games hundreds of thousands of Pioneers can use). The partnership goals to broaden the real-world use instances of the PI token whereas unlocking new alternatives for the customers.
In addition, Pi Network Ventures (the entity’s funding arm) backed CiDi video games. The crypto mission has supported the gaming sector during the last a number of months by way of initiatives reminiscent of hackathons, app incubation packages, and monetization through the Pi Ad Network. It additionally launched FruityPi, which is a cell recreation designed to provide customers a easy strategy to have interaction with the ecosystem whereas incomes rewards.
According to X person Pi Network Academy, the Core Team might introduce one other “big” replace earlier than Christmas.
“It could also be associated to the V23 Protocol Upgrades & the much-awaited PiDex launch! PI is gearing up for one thing massive. Stay tuned and place your self,” the hypothesis reads.
Price Outlook
The collaboration with CiDi Games had a constructive impact on PI, and regardless of the retreat over the previous few days, its worth is up roughly 3% on a two-week scale. This contrasts with the efficiency of many main cryptocurrencies, that are properly within the purple inside that timeframe. Bitcoin (BTC), for example, has dropped by 4%, whereas Ethereum (ETH) has plunged by 8%.
As of this writing, PI has a market cap of simply south of $2 billion, making it the Sixtieth-largest digital asset. Despite its minor resurgence, although, the token stays removed from its glory days witnessed earlier in 2025.
Back then, its worth reached an all-time high of $3, whereas the capitalization exploded to roughly $13.5 billion.
What Are the Indicators Hinting?
More than 185 million PI tokens are scheduled for launch within the subsequent 30 days, which will be interpreted as a bearish sign. After all, the event will give some buyers the possibility to promote belongings they’ve been ready for a while. The file day is December 6, when 7.2 million tokens shall be freed up.
The shift towards exchanges may additionally spell unhealthy information for the bulls. Almost 2.5 million tokens have been moved from self-custody to centralized platforms within the final 24 hours, a transfer typically thought of a pre-sale step. Of the 428.6 million cash held on exchanges, Gate.io controls the bulk share.
The submit Pi Network (PI) News Today: December 2nd appeared first on CryptoPotato.
