Pi Network’s PI token has dropped below the key $0.09 support, hitting a low of $0.084 before slightly recovering to $0.086. Its market cap has fallen below $950 million, ranking it as the 67th-largest cryptocurrency on CoinGecko. The community is awaiting today’s version 26 protocol upgrade, which must be completed by August 11 or nodes risk disconnection from the network. This update is the second-to-last step before the final version 27, with the Pi Core Team having successfully completed eight successful migrations since the beginning of the year.
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