To briefly describe Pi Network, it is a project developed by Stanford University graduates in 2019, aiming to involve ordinary people in blockchain technology by enabling mobile mining via phone.

I once used the Pi App, you just needed to come to the app once every 24 hours to start mining.

If I remember correctly, I was mining 1 Pi coin per hour during the period I was using it, but I waited and waited without any listing news coming, I thought the project was a scam and stopped using it.

But it wasn't a scam 😂 There were listing news on many exchanges, it seems patience is needed.

I missed this opportunity but friends who used it made good profits.

The maximum supply of PI Network is 100 Billion PI Coins.

80% of this supply is allocated for the community, and the allocation method for this 80% portion of (80 Billion PI) is as follows;

65 Billion PI mining rewards,
10 Billion PI community organization and ecosystem formation ,
5 Billion PI is allocated for the liquidity pool.

The remaining 20% is allocated for the core team (20 Billion PI)

Currently, the circulating supply of PI coin is 6.79 billion, which means that %6.79 of the maximum supply is in circulation.

As I have mentioned before, I think that the price of PI coin is above where it should be. I believe there is a popularity due to its recent listing and I think the price is staying at high levels due to the news of the new listing.

I am not making any trading transactions on the PI coin, do you do it?

What do you think about the price of PI and what trading strategies can you mention in the comments.