As of October 2024, Pi Network Coin (PI) has seen a price increase, currently trading at around $43.49, a rise of over 3% in the last 24 hours. This surge reflects growing interest in Pi Network, even though it remains relatively new to public trading. However, there is uncertainty surrounding Pi's token supply. The circulating supply is reported as zero, and the total supply has not been disclosed, complicating its market cap assessment. Although the project claims a maximum supply of 100 billion Pi coins, the lack of official figures makes it difficult to accurately evaluate its long-term value.
Pi Network, initially launched as a mobile app for users to "mine" cryptocurrency, has attracted millions of users worldwide but is still in its testing phase. With limited information on its supply and tokenomics, its future in decentralized finance remains speculative. While Piâs price shows potential, investors should remain cautious until more transparency is provided.
