#Pi
Trade Pi now. . strong bullish trend โคโคโคโค
๐๐จ ๐ผ ๐๐ ๐๐๐ฉ๐ฌ๐ค๐ง๐ ๐๐ง๐๐๐ ๐๐๐๐ค๐ซ๐๐ง๐ฎ ๐๐ค๐จ๐จ๐๐๐ก๐- ๐๐ญ๐ฅ๐๐ง๐ฉ ๐๐๐๐ง๐๐จ ๐๐๐ฎ ๐๐ฉ๐ง๐๐ฉ๐๐๐ฎ
Top Pi community member Mr Spock has urged the projectโs core team to implement aggressive buyback and burn strategies to preserve the Pi coin price. The remarks come as the token, which has struggled to recover from steep drops from its peak, is under increasing market pressure.
In a recent post, top Pi community member Mr Spock argued that Pi Network must take โbold economic stepsโ to stabilize its token value. He urged the Pi Core Team to launch a buyback program that would purchase Pi from the open market. This would reduce supply, signaling long-term confidence.
Additionally, he suggested that instead of being recycled, all transaction fees within the Pi ecosystem be burned permanently. Because of the resulting scarcity, the Pi coin price could rise. Other recommendations included stopping conventional mining, locking unused tokens, or switching to a utility-based mining model that compensates contributors who directly improve the ecosystem.
Market watchers have speculated that the Pi Core Team may already be conducting discreet buybacks. As CoinGape previously reported, a wallet labeled โODMโ acquired millions of Pi tokens in recent months. This led to debate over whether it is linked to the team. Some people think this could be a way to keep prices stable or to set aside funds for future exchange listings, ecosystem grants, and improving liquidity.
Blockchain analysts also found that 46 million Pi coins were removed from OKX and sent to a wallet called โPi Foundation 2,โ which is said to be controlled by the Core Team. During times of high market fluctuations, removing coins from circulation can help reduce selling pressure.