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Briefly describing PI Network, it is a project developed by Stanford University graduates in 2019 with the aim of involving ordinary people in blockchain technology by enabling mobile mining on the phone.
Once I also used the Pi app, you just needed to log in to the app once a day to start mining.
If my memory serves me right, back in the days when I used it, I was mining 1 Pi coin per hour, but I waited and waited, and there was no news about the listing, so I thought the project was fraudulent and stopped using it.
But this is not fraud 😂 Many exchanges have had news about listing, so we need to be patient.
I missed this opportunity, but friends who used it made a good profit.
The maximum supply of PI Network is 100 billion PI coins.
80% of this sentence is allocated to the community, of which 80% is (80 billion PI), and the distribution of this 80% is as follows;
65 billion rewards for mining PI ,
10 billion PI, community organization and ecosystem formation ,
5 billion PI allocated to the liquidity pool.
The remaining 20% is allocated to the core team of (20 billion PI)
Currently, 6.79 billion PI coins are in circulation, which is 6.79% of the maximum supply in circulation.
As I have already said, I believe that the price of the coin PI is higher than it should be. I think this is due to its popularity because of the new listing and listing news, which is keeping the price at high levels.
I do not engage in any trading operations with the coin PI, do you do that?
What do you think about the price PI and what trading strategies can you suggest in the comments.
#PI Coin Analysis