š„ Pi Networkās Supply Drops to 6.99 Billion ā Whatās Happening? š„
Thereās no official confirmation of a new PI coin burn, but supply has reportedly dropped to 6.99 billion as of March 18, 2025. Hereās what might be behind it:
š¹ Unverified KYC Accounts Removed ā Users missing the KYC deadline may have lost their PI, effectively reducing supply.
š¹ Transaction Fees Burned ā The Pi blockchain removes small amounts of PI via fees, with reports suggesting 528,671 PI burned so far, at a rate of 3,000ā4,000 PI daily.
š¹ Natural Supply Control? ā Unlike scheduled burns in other cryptos, Piās reduction seems tied to network rules, not a new initiative.
š Whatās Next? A lower supply could boost PIās valueāif demand rises! But no official confirmation means we wait for clarity.
š¬ Bullish or bearish? Drop your thoughts! š
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