Is Pi Network Planning to Burn Its Tokens?
The post Is Pi Network Planning to Burn Its Tokens? appeared first on Coinpedia Fintech News
Pi Network’s price has been falling, largely due to upcoming token unlocks. Over 1.6 billion tokens, valued at $1.4 billion, will be unlocked in the next 12 months, increasing the circulating supply and diluting the value of existing tokens. While the team hasn’t confirmed a token burn, market rumors suggest it could happen soon. If paired with exchange listings and a Pi ETF, this could spark a price surge, potentially reaching $3.14.
