Pi Market Dynamics
Like the Bitcoin blockchain, the Pi Network has been designed to undergo regular “halving” events to limit the creation of new tokens and foster scarcity. The mining rate was reduced from an initial 1.6 Pi per hour to 0.8 Pi when the network reached 100,000 users, further dropping to 0.4 Pi at 1 million users, and then to 0.2 Pi at 10 million users. The block reward is set to reach zero when the Pi Network reaches 1 billion users.
Price- $40.64
Market cap- $2.72 Billion
Referral Code= afridi0077
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