The post Pi Network Launches Community Commerce Holiday Raffle appeared on BitcoinEthereumNews.com. What to know: Pi Network launched a holiday commerce campaignThe post Pi Network Launches Community Commerce Holiday Raffle appeared on BitcoinEthereumNews.com. What to know: Pi Network launched a holiday commerce campaign

Pi Network Launches Community Commerce Holiday Raffle

Pi Network has kicked off the holiday season with a new community-focused campaign. Under the holiday themed fest, the project is encouraging users to promote their apps or businesses, discover new products, shop using Pi, and take part in a raffle to win Pi-branded merchandise.

The holiday campaign is being hosted through PiFest, a community commerce channel where users can explore offers and participate in activities. Alongside this, Pi Network has also rolled out a holiday-themed design update for its casual game FruityPi.

Supporting Small Businesses

The holiday commerce push is designed to support small businesses, local Pi-accepting merchants, and Mainnet commerce apps. Pi Network is helping by providing visibility and coordination through its community channels, while individual merchants and app developers remain in full control of their own promotions, sales, and delivery.

Merchants and developers who want to take part can create and manage their own holiday deals or special activities to attract shoppers. To promote these offers, they are encouraged to post about their participation in the PiFest Fireside Forum channel, which also doubles as an entry into the holiday raffle. All sales, delivery, and customer interactions are handled directly by the merchants and app teams.

How Pioneers Can Join In

For everyday users, or “Pioneers,” participating is simple. They can browse the ecosystem directory and the PiFest Fireside Forum to find apps and merchants running holiday promotions. Pioneers can then shop at local Pi-accepting stores or use Mainnet commerce apps, take advantage of festive deals, and share their shopping or gift-giving experiences in the PiFest channel.

Each valid post shared in the forum, whether from a shopper, app developer, or merchant, is automatically entered into a raffle. Pi Network will randomly select 100 winners to receive Pi-branded merchandise such as t-shirts and hats. The items will be fulfilled through a third-party provider, with availability covering more than 220 countries and regions.

PI Price Action

As of this writing, the price of Pi Network’s token (PI) had gone up about 0.67% in the last 24 hours and was trading at around $0.203. The rest of the crypto market went down by about 0.56% at the same time. One important thing that happened during this time was that PI stayed above the $0.20 level, which a lot of traders see as a key support area. When the price got close to this area, buyers stepped in to stop it from falling any further.

After testing the $0.20 support level, PI’s RSI of 38.67 and MACD histogram of +0.0001478 show signs of a tentative recovery. The bounce fits with oversold conditions, but there isn’t enough volume to back it up ($12.6M in 24 hours). PI is still below all of the important moving averages (7-day SMA: $0.206). If the price closes above $0.211, it could go up more.

Testnet Updates

Pi Network also made changes to its DEX and AMM test network exchange system recently. The changes made PI the main currency in trading pools, so they didn’t have to rely on other assets as much. This could help make prices more fair and stop sudden changes caused by other coins.

These updates are still only available on the test network, though. The main network isn’t fully open yet, so for now, it doesn’t have much of an effect on regular users or real trading. Some people think this is a good step for the future, but others want to see more clear progress toward the full main network launch, which is expected to happen in 2026. Another important date is December 25, when about 9 million PI tokens are expected to become available. If there is more pressure to sell, it might test the $0.20 support level again.

Final Thoughts

Pi Network’s holiday campaign makes it clear that they are trying to focus more on the community and are trying to make real-world use cases for PI. Recent price changes show some hope, but bigger gains may depend on continued activity, clearer progress on the main network, and steady growth that goes beyond seasonal events.

Also Read: SUI Price Action Remains Muted as Futures OI Hovers Around $694M 

Source: https://www.cryptonewsz.com/pi-network-launches-community-holiday-raffle/

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