Upcoming Pi Mainnet Launch: Check Speculative Pi Coin Price

Upcoming Pi Mainnet Launch: Check Speculative Pi Coin Price Written By: sid Reviewed By: jasmin Last updated: August 15, 2024 6:32 PM Published August 15, 2024 6:32 PM PI Mainnet Launch As the Pi mainnet launch is scheduled towards the end of 2024 and the ongoing KYC process for the migration of Pi coin, the speculation about its price and possible conversion ratio have taken the internet by storm. At the moment, the Pi coin price revolves around $34 with over a 29.50% hike in a year according to the CoinMarkeCap data. After the mainnet launch, the price of Pi coin is expected to shoot up with a much larger participation by users. There are over 60 million ‘pioneers’ registered with Pi and out of them 13 million have already completed the KYC process. In this article, we will provide a speculative analysis of how much the value of Pi Coin would shoot once its mainnet gets launched. Tokenomics of Pi Coin As of August 14, 2024, Pi Network has a total supply of 68 million tokens, out of a maximum possible 100 billion tokens, which is the total supply of Pi coins. Out of the total mined Pi, 80% is locked for three years ‘vesting period’ to keep its value stable. The other 20% is granted to the Pi core team, out of which 65% will be used for mining rewards, 10% for growing the ecosystem, and 5% for providing liquidity on exchanges. AD 4nXfm28AUDkO4LOx3So5pTs1I33U7lW7zeK0oYQv2WJ1AF0UwVZCUQpPWK2t p ixX9mOSyO4H sNLLP4CY3o8 3VxZfA434AxJQ3U3b93W1c Cl H5olpkrlb0r0WFtRn2CIME85tvWfyAinlshq8tex83U2?key= WGWS K49RlkD5OEQwrfSg Pi Coin Distribution Various factors, such as the mainnet launch, user adoption, and the effect of the vesting period, will play a pivotal role in deciding its value. If the vesting period is too ‘restrictive’, it could limit liquidity and hinder price growth. On the flip side, if too many coins are released too quickly, it could lead to a major drop in price due to oversupply. What could be the speculative price of Pi Coin post-mainnet launch? However, there are a lot of dilemmas over Pi tokenomics as no one knows the dynamics or exact figure of Pi coins that will be available in the future. This makes it difficult to tell its value in the future. For example, here’s a price estimation from the Reddit post for a maximum supply of 70 to 90 billion Pi coins.