An analysis of the state of Pi Network highlights issues with token emission and trading accessibility, undermining community trust.
Current State of Pi Tokens
Crypto analyst Zoe recently highlighted that the core issue is that the supply of Pi tokens continues to grow while its utility and liquidity remain limited. Originally designed for mobile mining, the network is now gradually unlocking part of its 100 billion token supply while demand struggles to keep pace.
Planned Token Unlocks
Currently, only 7.6% of the total supply is accessible for use, with just 2.5% available for trading. Another 5.2 billion tokens have been moved but remain locked. The majority—over 92%—is still off the market, with no timeline provided for future releases, leaving investors in the dark. Nearly 19 million Pi tokens, worth close to $10 million, are scheduled to be unlocked soon.
Need for Transparent Roadmap
Analysts say that until the Pi Foundation offers a transparent roadmap for supply and distribution, the project is unlikely to attract serious investor attention or major exchange listings.
The lack of transparency and the growing supply of Pi Network tokens pose risks for price reductions and undermine investor trust.