PI heads toward its November summit with price still below $0.08

Pi Network has put its developers on the calendar for November 17 to 19, promising new tools, app demonstrations and details of another hackathon. PI’s market price has moved the other way. After changing hands around $0.0787 when the summit was announced on October 22, the token was near $0.076 on October 27. The meeting gives traders a date to watch, but its announcements will have to compete with a market asking how many coins are being used and how many holders want to sell. Summary Pi’s first online Ecosystem Summit runs November 17 to 19, with platform announcements and application demonstrations planned. The project reports over 300 Mainnet apps and 18.1 million verified users, but has not supplied a comparable network-wide payment total. PI traded near $0.076 on October 27 after remaining below $0.08 through the latest desktop software release. Protocol 28 completed its Mainnet upgrade on October 16, according to Pi’s October 22 developer update. The OUSD partnership remains exploratory, with no published Mainnet launch date or evidence that dollar-token spending requires PI purchases. The market has already had two chances to react to software news. Protocol 28 was activat...