Many claim "When Pi hits 100% circulation, the price will skyrocket above $1!" — but let’s do the math with current data:
### Current Facts:
- Circulating Supply: 6.96% (only ~7% of total Pi is tradable)
- Current Price: $0.6451 (based on limited liquidity)
### The Harsh Truth:
1️⃣ Supply & Demand Rule:
- If 6.96% supply = $0.6451, then 100% supply means 14.3x more coins flooding the market.
- Basic economics: More supply + same demand = lower price.
2️⃣ Historical Precedent:
- Most tokens dump 50-90% when full supply unlocks (e.g., ICP, AXS, APT crashed after full circulation).
- Pi has no burning mechanism to reduce supply.
3️⃣ Reality Check:
- For Pi to stay at $0.6451 at 100% circulation, demand must grow 14.3x overnight—impossible without massive adoption.
- If demand stays flat, price could drop to ~$0.045 (current price ÷ 14.3).