menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Pi Network...
source image

TronWeekly

10h

read

265

img
dot

Image Credit: TronWeekly

Pi Network Faces Market Strain as Token Unlocks Outpace Demand

  • Pi Network is facing market pressure as the token supply exceeds market demand, with only 2.5% of the total 100 billion Pi tokens currently tradable.
  • As more tokens are unlocked, the Pi Coin's price is experiencing downward pressure, currently hovering around $0.4612.
  • The network's lack of transparency around token release schedules and absence of a concrete proposal for the release of the remaining tokens are raising doubts among market participants.
  • Community members are calling for supply management measures like token-burning to address inflation concerns, but the Pi Network team has not confirmed any such features yet.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app