In the dynamic realm of cryptocurrency, staying informed about the worldwide virtual currency ranking and the latest price and market trends of specific coins like PI Coin is crucial for investors and enthusiasts alike. This article delves into these aspects, providing valuable insights into the current state of the cryptocurrency market.
The cryptocurrency market is highly competitive, with numerous coins vying for a top position in the rankings. These rankings are typically based on various factors, including market capitalization, trading volume, and overall adoption. Market capitalization, in particular, is a key metric that reflects the total value of a cryptocurrency in circulation. It is calculated by multiplying the current price of a coin by its circulating supply.
As of the latest data, PI Coin holds a notable position in the global cryptocurrency ranking. It has a significant market presence, with a relatively high trading volume and a growing user base. This indicates that PI Coin is attracting attention from investors and traders, who see potential in its underlying technology and use cases.
PI Coin is the native token of the Pi Network, which is a L1 blockchain platform with Web3.0 concepts and smart contract capabilities. The Pi Network aims to create a more inclusive and accessible cryptocurrency ecosystem, allowing users to mine PI Coin using their mobile devices without consuming excessive energy. This unique approach has contributed to the coin's popularity, especially among individuals who are new to the cryptocurrency space.
The coin's market performance is closely watched by investors, as it can provide insights into the overall health and potential of the Pi Network. Factors such as price fluctuations, trading volume, and market sentiment can all impact PI Coin's ranking and value.
As of July 17, 2025, the price of PI Coin was $0.4391, showing a decrease of 1.28% (-$0.005693) compared to the previous period. The 24-hour high was $0.454488, and the 24-hour trading volume reached $98,317,560.74. The coin's market capitalization stood at approximately $439.10 billion, accounting for 0.08% of the global total cryptocurrency market capitalization.
Over different time frames, PI Coin has experienced various price movements. In the past 24 hours, it had a small decline, while in the past 7 days, it was down 3.30%. The 30-day performance showed a more significant drop of 22.98%, and the 3-month performance was also negative, with a decline of 27.72%. However, in the longer term, such as over the past 6 months, 1 year, and year-to-date, the coin's price remained relatively stable.
Several factors can influence the price and market performance of PI Coin. One of the key factors is the overall market sentiment towards cryptocurrencies. If the broader market is bullish, it can have a positive impact on PI Coin's price, as investors may be more willing to take risks and invest in different coins. Conversely, a bearish market can lead to a decline in PI Coin's value.
The development and adoption of the Pi Network also play a crucial role. Any significant updates or improvements to the network, such as the launch of new features or partnerships, can increase the coin's attractiveness and drive up its price. Additionally, the level of user adoption and the growth of the Pi Network's community are important indicators of the coin's long-term potential.
Another factor to consider is the regulatory environment. Cryptocurrencies are subject to various regulations around the world, and changes in these regulations can have a significant impact on the market. For example, if a country imposes strict regulations on cryptocurrency trading or mining, it can affect the demand and price of PI Coin.
Q: What is the market capitalization of PI Coin?A: As of July 17, 2025, the market capitalization of PI Coin was approximately $439.10 billion.
Q: How has PI Coin's price performed in the past 30 days?A: In the past 30 days, PI Coin's price has declined by 22.98%.
Q: What factors can influence PI Coin's price?A: Factors such as overall market sentiment, development and adoption of the Pi Network, and the regulatory environment can all influence PI Coin's price.
The cryptocurrency market is constantly evolving, and PI Coin is one of the coins that is making waves in this space. Its current ranking and market performance indicate that it has potential, but like all cryptocurrencies, it also faces challenges and uncertainties. Investors and enthusiasts should conduct thorough research and analysis before making any investment decisions. By staying informed about the latest price and market trends, as well as the underlying technology and use cases of PI Coin, they can better navigate the complex world of cryptocurrency and make more informed choices.