To briefly explain Pi Network, it is a project developed by Stanford University graduates in 2019, aiming to involve ordinary people in blockchain technology by enabling mobile mining via phone.

I once used the Pi App, you just needed to come to the app once every 24 hours to start mining.

If I remember correctly, I was mining 1 Pi coin per hour during the period I was using it, but I waited and waited without any listing news coming, I thought the project was a scam and stopped using it.

But it's not a scam 😂 There were listing news on many exchanges, so it seems patience is needed.

I missed this opportunity, but friends who used it made good profits.

The maximum supply of the PI network is 100 Billion PI Coins.

80% of this supply is allocated for the community, and the allocation method for this 80% of (80 Billion PI) is as follows;

65 Billion PI mining rewards,
10 Billion PI community organization and ecosystem formation ,
5 Billion PI is allocated for the liquidity pool.

The remaining 20% is allocated for the core team, (20 Billion PI)

The current circulating amount of PI coin is 6.79 billion, which is %6.79 of the maximum supply in circulation.

As I have said before, I think that the price of the PI coin is above where it should be. I believe there is a popularity due to its recent listing, and I think the price is at high levels due to the news of new listings.

I am not making any trading transactions on PI coin, do you do it?

What do you think about the price of PI and what trading strategies can you mention in the comments.

#PI Coin Analysis#