🔥 Pi Network’s Supply Drops to 6.99 Billion – What’s Happening? 🔥
There’s no official confirmation of a new PI coin burn, but supply has reportedly dropped to 6.99 billion as of March 18, 2025. Here’s what might be behind it:
🔹 Unverified KYC Accounts Removed – Users missing the KYC deadline may have lost their PI, effectively reducing supply.
🔹 Transaction Fees Burned – The Pi blockchain removes small amounts of PI via fees, with reports suggesting 528,671 PI burned so far, at a rate of 3,000–4,000 PI daily.
🔹 Natural Supply Control? – Unlike scheduled burns in other cryptos, Pi’s reduction seems tied to network rules, not a new initiative.
📉 What’s Next? A lower supply could boost PI’s value—if demand rises! But no official confirmation means we wait for clarity.
💬 Bullish or bearish? Drop your thoughts! 👇
