After six years, Pi Network has officially launched its mainnet.
Pi Network's Mainnet Launch
Pi Network is a cryptocurrency platform primarily designed for mobile devices. It simplifies participation in the crypto space by allowing users to mine via a mobile app, lowering technical and financial barriers and enabling broader participation.
Total and Circulating Supply of $Pi
The Pi Network team has not publicly disclosed the exact total supply cap for the $Pi token. Discussions suggest it may be around 100 billion $Pi, which would imply a $100 billion valuation if each $Pi is valued at $1.
Valuation Models and Potential Price for $Pi
There are several approaches to evaluating $Pi, such as market capitalization benchmarking and OTC pricing. Potential valuation is influenced by factors such as supply management and market behavior.
Pi Network’s strong community aids its sustainability, but predicting its market cap is challenging due to various factors.
