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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Is Pi Network Planning to Burn Its Tokens?

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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.

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