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Pi Network launches smart-contract Launchpad on testnet; experimental token launches spark price swing

Mar 16, 20269:18 AMNewsroom AI

Pi Network deployed smart contract capability and an early Pi Launchpad on testnet on March 15, a technical upgrade intended to support a real app ecosystem around the project [1].

Multiple outlets reported the Launchpad and related changes are live on testnet as experimental features: Coinpedia described experimental token launches on the Launchpad testnet, and MoneyCheck framed the release as a learning stage before any mainnet token debut [2] [3].

Market response has been volatile: CaptainAltcoin said the upgrade was followed by a sharp sell-off despite the new features, while CryptoPotato later reported a price rebound that pushed PI toward the $0.20 level after recent declines and weekend updates [1] [4].

The updates represent a significant technical milestone for Pi Network, but reporting shows the token remains volatile as Launchpad and smart-contract functionality continue to be tested on testnet [1] [3] [4].

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