Pi Network (PI) News Today: January 13th
The controversial crypto venture continues to attract consideration resulting from some fascinating initiatives introduced by its workforce and group.
The native token – PI – stays in pink territory on a weekly scale, however one key issue suggests a short-term rebound might be on the best way.
The Naming Contest
Several hours in the past, the favored X account Pi News, which is devoted to overlaying PI-related developments, revealed that its personal mascot is a smiling yellow cat that has the PI image on its brow. It dared the group to give you a reputation for that good-luck appeal and introduced a ten,000 PI prize pool.
“Who can give you a reputation that may go down in historical past? We will completely give away $2,000 price of PI,” the disclosure reads.
Numerous X customers have already given their options. The Times of PiNetwork proposed the mascot’s title “Pika,” an fascinating mixture of “PI” and “cat” meaning “to shine” in Japanese.
“Since PI is a futuristic digital forex, this title completely displays its brilliance and the cute persona of its mascot,” they added.
Other candidates for the title embrace CatPi, Pisipisi, Pinny, and Archie (after the Greek mathematician Archimedes, who calculated an early approximation of Pi round 250 BCE). It’s price noting that this naming contest is for the Pi News account, which isn’t formally associated to the Pi Network venture, but it surely’s maybe the preferred of the bunch.
Other Developments
The official workforce behind Pi Network has additionally been fairly energetic these days. Just a few days in the past, it released a brand new developer library that permits Pioneers to combine Pi funds into their functions in below ten minutes.
“The library bundles the Pi SDK with backend APIs right into a single, streamlined setup, considerably decreasing the period of time wanted so as to add funds to apps,” the announcement reads.
The final objective is to present builders extra time to construct and enhance merchandise for customers. They will be capable of use JavaScript or React on the frontend, whereas the backend helps Next.js and Ruby on Rails.
Prior to that, the Core Team released its 2025 recap, highlighting the highest developments in its ecosystem over the previous 12 months. The most vital occasions appear to be the long-awaited mainnet and token launch in February.
PI Price Outlook
As of this writing, PI trades at roughly $0.20, representing a 2.5% weekly decline and a staggering 93% drop from the $3 all-time high seen final yr.
The current exodus from exchanges, although, alerts potential excellent news for the bulls. Over the previous 24 hours, greater than 1.6 million tokens have been transferred from centralized platforms to self-custody strategies, which generally reduces promoting stress.
The submit Pi Network (PI) News Today: January 13th appeared first on CryptoPotato.
