Pi Coin (PI) has experienced a 0.91% price increase, reaching $0.20, as nearly 10 million tokens were withdrawn from exchanges in October. This includes 2.6 million tokens removed in the last 24 hours, indicating growing investor confidence. The surge follows Pi Network's recent authentication update, which verified over 3.36 million additional users and enhanced compliance measures.
The supply of PI on centralized exchanges has decreased from 420 million in September to 410 million. Despite the positive sentiment, the upcoming unlocking of over 121 million tokens in the next 30 days poses a potential risk to price stability.
Pi Coin Price Climbs 0.91% Amid Significant Exchange Outflows
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