Code: Scarllet9 - get +1 Pi & increase mining rate to start ๐
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๐ฅA sudden drop in $Pi supply? Total token supply drops to 6.99 billion!๐ฅ
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! ๐ฅ
๐น 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.
๐น 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! ๐ 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? ๐ค