⛏️ Pi Network base mining rate fell 5.6% in October 📉 CoinCodex price prediction algorithm is optimistic for a +212% increase 🚀 Let's discuss it in the comments!#cryptocurrency#PiNetwork

- Pi Network (PI) base mining rate reduction has been announced on October 1, 2023, in accordance with the protocol established on March 1, 2022.

- This process makes the number of PI tokens in circulation more scarce, putting deflationary pressure on the current circulating supply.

- Pioneers can increase their base mining rate by interacting with the ecosystem, including mining PI tokens and referring other users to the network.

- CoinCodex price predictions are optimistic about PI's future, with a $70 price level expected before the end of 2023 and higher levels after that.