picoin

The price of Pi coin experienced a notable increase of 5.5% following the announcement of its tokenomics and migration strategy, which disclosed that 65% of the total supply is designated for community mining.
This significant rise in Pi coin's value came after the project shared details about its tokenomics and migration plan.
The announcement indicated that 65 billion Pi tokens are reserved for rewards related to community mining, reflecting the long-term distribution strategy of Pi Network, which has been dedicated to building its ecosystem for over six years.
Pi Coin Price Rises After Token Allocation Announcement
Recent data shows that the price of Pi coin surged nearly 5.5% within the past 24 hours, climbing from a low of $0.6098 to a peak of $0.6599.
Over the past week, Pi has traded within a range of $0.594 to $0.774, and the latest developments have contributed to a positive price trend.
Out of a total supply of 100 billion tokens, 65% (or 65 billion tokens) is specifically set aside for community mining rewards.
Additionally, Experts have published an analysis discussing the potential price trajectory of Pi Coin should major banks begin to adopt it.
According to the announcement, the remaining supply is allocated as follows: 10 billion tokens (10%) are reserved for foundation reserves, 5 billion tokens (5%) are designated for liquidity purposes, and 20 billion tokens (20%) are assigned to the Core Team.
A notable aspect of Pi’s tokenomics is that all allocations are linked to the rate of community migrated mining rewards.
This indicates that as verified community members transition to the mainnet, tokens from other allocation categories will become available in proportion.
The network clarified that this structure was deliberately crafted to align the interests of all stakeholders, aiming to maximize the number of Pioneers and the amount of Pi on the Mainnet.
In practical terms, the effective total supply at any moment can be determined by dividing the current migrated mining rewards on the blockchain by 65%.
Progressing with a phased approach to mainnet migration
Pi Network has outlined a detailed roadmap for transitioning its user community to the mainnet blockchain.
The network has reported that it has successfully migrated over 12 million users, which it describes as a significant achievement in scalability within the industry.
The migration is being executed in distinct phases according to network priorities. Currently, Pi Network is finalizing the initial migrations for users in the queue, which include verified base mining rewards.
Security Circle rewards, lockup rewards, utility app usage rewards, and confirmed Node rewards.
Upon completion of this first migration phase, the network will shift its focus to the second phase, which will also include referral mining bonuses for team members who have successfully completed KYC verification.
The final stage will involve transitioning to regular, periodic migrations that encompass all bonuses and rewards. As many experts did price analysis of Pi Network, discussing whether users should sell or hold their Pi Coins.
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