PI Coin Soars 14% as Pi Network’s Direct Buy Feature Ignites Market Frenzy
Pi Network just flipped the script—launching a direct buy feature that sent PI Coin rocketing 14% overnight. No more convoluted swaps or shady OTC deals. Just straight-up purchases. And the market responded like a caffeinated bull.
The move slashes onboarding friction for retail investors, bypassing the usual crypto gatekeepers. Suddenly, grandma can buy PI as easily as her morning latte—assuming she’s cool with KYC checks and the existential dread of unbanked assets.
Analysts whisper this could be Pi Network’s play for legitimacy after years of ‘mine-it-and-hodl’ memes. Or maybe they finally hired someone who’s heard of liquidity. Either way, traders are piling in—proving once again that in crypto, FOMO beats fundamentals every time.
Just don’t ask what happens when the hype cycle meets the SEC’s coffee break.
Pi Network Adopts New Buy PI Feature
The PI Network team has added to its list of innovations to improve user experience for Pioneers and its broader community.
Barely a month after unrolling Pi Desktop enhancements and full account management in Pi Browser, the network has unleashed Buy Pi. The new feature lets users buy Pi Coin directly on Pi Wallet, leveraging an on-ramp.
BREAKING: New feature in $Pi wallet:
– Buy Pi directly from Pi wallet via Onramper (Banxa) –
You can pay using fiat – with different methods such as credit card or Apple/Google Pay.#pinetwork #minepi #pi #picoin pic.twitter.com/jpRSRvWua4
Users can purchase using fiat currency through various payment methods, including credit cards, Apple Pay, and Google Pay.
According to Dao World, one of the Pioneers, Pi Network’s move to integrate an on-ramp ecosystem enables a seamless user experience, eliminating third parties such as crypto exchanges.
“Pi is currently focused on building an on-ramp ecosystem—one that will let anyone buy Pi anytime, anywhere, without having to go through an exchange,” Dao World explained.
In the immediate aftermath of this announcement, the price of PI Coin leaped by over 14%, establishing a local top at $0.5212 on the OKX exchange.
The surge came as this feature is expected to make Pi purchases more accessible, potentially driving higher demand. However, early profit-booking set in, causing the Pi Coin price to correct.
This correction highlights persistent selling pressure during price rallies. It aligns with a June 30 development, where Pi Network boosted accessibility with two key additions, but the price still dipped.
At the time, the controversial Pi Network expanded KYB (know-your-business) list, adding Onramper and Onramp.money. This MOVE broadened its roster of KYB-verified entities with the addition of Onramper and Onramp.money.
The latest feature, Buy Pi, is no different. Both developments are geared toward further enhancing the network’s accessibility and adoption. FireSide, another Pioneer account, alludes to the community already calling for a Sell Pi button.
@PiCoreTeam allows 3rd party platforms to Buy Pi directly with Fiat. Is this Pi cryptocurrency improving access to billions of web2 users?
What do you think about the SELL Pi button next to it?
#PiNetwork pic.twitter.com/M3PSDCyDfl
These moves, taken together, suggest Pi Network may be working to secure its place in the broader market rally, seeing as PI Coin is missing out on the colloquial altcoin season.
“Pi is now trying to reclaim its glory. Many ALTs have been pumping but it has been left behind. The rally to one dollar might have just started,” on-chain analyst Moon Jeff remarked.
As of this writing, PI Coin was trading for $0.47678, up nearly 5% in the last 24 hours.
