Don’t panic about 0.11 dollars—Pi2Day’s three moves (PiVerify + Sign-In + a foundation of 18 million KYC) are laying the groundwork for long-term real-world utility, and short-term price fluctuations are normal.

Coin World Network news: On Pi2Day, Pi Network released three major updates, including a new identity verification service, PiVerify, and Pi Sign-In. PiVerify allows external businesses to use Pi’s KYC technology for identity verification, aiming to reduce fake accounts and improve security. Pi Network currently has more than 18 million KYC-verified users. The core team believes that opening up this service will help expand the Pi ecosystem and increase the utility of Pi Coin. In addition, Pi Sign-In lets users log in to supported third-party apps and websites using their Pi accounts. Despite the positive updates, Pi Coin is currently trading at around $0.1129, down about 6% over the past 24 hours.