Pi Network announced a new payment integration while its native token fell to a fresh all-time low. The project’s latest update, released last week, detailed how creators can add in-app payments using Test-Pi, but the token’s value dropped to $0.1687 in the past 12 hours.
At a Glance
- Pi Network’s token hit a new all-time low of $0.1687.
- The Core Team unveiled a payment feature for Test-Pi in the Pi App Studio.
- The token has lost 94% of its value since its peak 11 months ago.
- Why it matters: Investors and creators are watching the token’s volatility as the network rolls out new monetization tools.
The announcement came after Pi Network’s second update of the year, published just last week. The team highlighted the integration of the easy Pi payment feature directly into the Pi App Studio, allowing creators to add in-app payments without writing code. However, the feature is currently limited to Test-Pi.
Token Performance
Pi’s native token has struggled to maintain its price. After trading between $0.20 and $0.22 for over a month, it broke down earlier this week and fell to a new all-time low yesterday. CoinGecko data shows a further dip to $0.1687 in the past 12 hours.
| Timeframe | Price Range | Change |
|---|---|---|
| Past month | $0.20–$0.22 | – |
| This week | $0.1687 | -9% weekly |
| Past two weeks | -16% | -94% since peak |
The token is down 9% over the last week and 16% in the past two weeks. Since its all-time high 11 months ago, it has lost more than 94% of its value.
Payment Integration Explained
During the initial announcement last week, the Core Team said it had integrated the easy Pi payment feature into the Pi App Studio. Creators can now add Test-Pi payment interactions for users to engage with during a single active session while the app is in use.
How It Works
- Open Pi App Studio within the Pi Browser.
- Create a new custom application (the feature is not yet available in the Pi Desktop App).
- Use the “Implement Pi Payments” button at the bottom after receiving an answer from Pi AI.
- Link a Pi wallet to receive payments.
- Describe the product, set the price in Pi, and choose the payment placement.
Creators can continue operating within the app without restarting, paying the necessary amount in Pi.
Market Impact
Despite the new feature, the token’s decline highlights ongoing challenges. The market reaction suggests that users and investors are cautious about the token’s value relative to the new monetization tools.
The token’s volatility has attracted attention from the broader crypto community. Some analysts note that the integration of payments could eventually drive demand, but the immediate impact has been a sharp price drop.
Exclusive Offer for Readers
A special partnership bonus is available for News Of Los Angeles readers: register and unlock $1,500 in exclusive BingX Exchange rewards. The offer is limited time.
> Disclaimer: Information found on News Of Los Angeles is those of writers quoted. It does not represent the opinions of News Of Los Angeles on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Key Takeaways
- Pi Network’s token fell to $0.1687, marking a new all-time low.
- The Core Team introduced a payment feature for Test-Pi in the Pi App Studio.
- The token has lost 94% of its value since its peak 11 months ago.
- The integration is limited to Test-Pi and the Pi Browser.
- Investors should monitor the token’s volatility and the rollout of monetization tools.
The situation underscores the importance of aligning product releases with market confidence. As Pi Network continues to develop its ecosystem, the token’s performance will remain a key indicator of user adoption and investor sentiment.
