Watch the Exciting Auction of Pi Domain Names Drive Pi Coin’s Value – BitRss

Pi Network‘s main network asset, Pi Coin, has decreased by 8% to $1.45 due to strong selling pressure. However, the ongoing domain name auction and strategic moves within the ecosystem raise the potential for price recovery. Experts suggest that surpassing the $1.56 mark could pave the way for Pi Coin to exceed $2. Recent developments are drawing significant attention from the community to the Pi ecosystem.

The .pi Auction is Live: Running Until June 28

Pi Network has launched an auction for domain names ending in .pi to enhance its ecosystem. This auction, starting on March 14, is exclusively conducted using Pi Coin and will continue until June 28, 2025. The event aims to increase real-world use cases for Pi Coin and accelerate ecosystem adoption.

Pi Network Pi Coin .pi Domain

Intense Interest in the Auction has been observed, particularly for domain names associated with major tech companies. High bids have been placed for domains linked to names like Tesla, Samsung, and Amazon. This surge of interest reflects a strong demand for the Pi ecosystem. The auction will automatically extend if new bids are made within the last 24 hours. This mechanism encourages the use o…