Those saying that only 6% has been mined, you will soon realise that only 0.01% of total supply is not mined yet. The core team already has coins buddy. CZ will be a kid in value
Publier
Aditya Agarwal 007
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HaussierPI SUPPLY DECLINE
As know to all, the price of PI to rise above a certain level of $31.4 is often downplayed by stating the total supply of PI coin which is 100 Billion. Those who don't believe in PI use this supply to demonstrate that, "If PI value was to rise above $31.4, it would be more than GDP of many country and of $BTC too.
But the real truth they hide is that PI mined to date is only 6% of total supply with the rest 94% yet to be mined.
With such a huge unmined supply, the total supply theory goes out of the window. Another update today as on 2nd March 2025 is that PI base mining rate has decreased by a huge margin such that an individual will have to mine for almost 40 years to mine 1000 PI coins single handedly.
This not only makes the supply low, but also makes the Coin very scare thus leading to a possibility of surge in value of Pi in the future.
As know to all, the price of PI to rise above a certain level of $31.4 is often downplayed by stating the total supply of PI coin which is 100 Billion. Those who don't believe in PI use this supply to demonstrate that, "If PI value was to rise above $31.4, it would be more than GDP of many country and of $BTC too.
But the real truth they hide is that PI mined to date is only 6% of total supply with the rest 94% yet to be mined.
With such a huge unmined supply, the total supply theory goes out of the window. Another update today as on 2nd March 2025 is that PI base mining rate has decreased by a huge margin such that an individual will have to mine for almost 40 years to mine 1000 PI coins single handedly.
This not only makes the supply low, but also makes the Coin very scare thus leading to a possibility of surge in value of Pi in the future.
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