CryptoPhone
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Bullish
š„A sudden drop in $Pi supply? Total token supply drops to 6.99 billion!š„
According to the latest data from CoinMarketCap, there has been a massive Pi burn, drastically reducing the total supply to just 6.99 billion tokens! š„
š¹ What is behind this decline?
Dr. Nicolas Kokkalis reports on the X platform that the cause is the mass burning of coins from unverified KYC accounts.
š¹ What about the price?
Less availability of tokens in circulation could drive up their value in the long term - especially if demand continues its upward trend! š Is this an opportunity for a turnaround in listings?
What do you think? Is the reduction in supply a step toward stabilization, or a prelude to bigger changes in the Pi ecosystem? š¤
#PiNetwork #TrendingTopic #news #Write2Earn
According to the latest data from CoinMarketCap, there has been a massive Pi burn, drastically reducing the total supply to just 6.99 billion tokens! š„
š¹ What is behind this decline?
Dr. Nicolas Kokkalis reports on the X platform that the cause is the mass burning of coins from unverified KYC accounts.
š¹ What about the price?
Less availability of tokens in circulation could drive up their value in the long term - especially if demand continues its upward trend! š Is this an opportunity for a turnaround in listings?
What do you think? Is the reduction in supply a step toward stabilization, or a prelude to bigger changes in the Pi ecosystem? š¤
#PiNetwork #TrendingTopic #news #Write2Earn
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