Pi coin value went up significantly after a latest announcement outlining the challenge’s tokenomics and migration plan.
The information revealed that 65 billion Pi tokens have been held in reserve for neighborhood mining rewards. This truth accounts for the long-term token distribution technique of Pi Network, a company that has labored diligently to develop its ecosystem for greater than six years.
Pi Coin Price Pumps Following Token Distribution Details
According to the newest knowledge, the Pi coin value jumped shut to five.5% within the final 24 hours. The coin jumped from an all-time 24-hour low of $0.6098, reaching as excessive as $0.6599.
Pi had additionally been in a seven-day buying and selling vary of $0.594 to $0.774, and the newest information favored bullish value momentum. Of the 100 billion most token provide, 65% (65 billion tokens) is allotted particularly for neighborhood mining rewards. CoinGape has additionally launched an evaluation of how high Pi Coin can go if main banks begin utilizing it.
A Mainnet migration roadmap based mostly on the community’s priorities is now obtainable. https://t.co/fFqpZcgA8M
The roadmap outlines how first migrations, second migrations with referral bonuses, and ongoing migrations frequently might be prioritized in that order. The weblog additionally…
— Pi Network (@PiCoreTeam) April 18, 2025
As per the announcement, the remaining provide is split amongst basis reserves (10 billion tokens or 10%), liquidity functions (5 billion tokens or 5%), and the Core Team (20 billion tokens or 20%).
A particular function of Pi’s tokenomics is that every one allocations observe the tempo of neighborhood migrated mining rewards. This signifies that as verified neighborhood members migrate to the mainnet, tokens from different allocation classes turn into proportionally obtainable.
The community defined that this construction “was intentionally designed to align the interests of all parties in the network to get as many Pioneers and as many Pi onto the Mainnet as possible.”
In sensible phrases, this implies the efficient whole provide at any given time will be calculated by dividing the present migrated mining rewards on the blockchain by 65%.
Mainnet migration advances with phased method
Pi Network has talked about a structured roadmap for migrating its neighborhood of customers to the mainnet blockchain. The community highlighted that it has already efficiently migrated over 12 million folks. They additionally described this as “an achievement of scalability in the industry.”
The migration course of is continuing in distinct phases based mostly on community priorities. Currently, Pi Network is finishing preliminary migrations for customers within the queue. This embody verified base mining rewards, Security Circle rewards, lockup rewards, utility apps utilization rewards, and confirmed Node rewards.
Once this primary migration part is accomplished, the community will give attention to second migrations that may even incorporate referral mining bonuses attributable to staff members who’ve handed KYC verification.
In addition, the ultimate stage will contain shifting to common, periodic migrations that may embody all bonuses and rewards. CoinGape has additionally delved into Pi Network price analysis on whether or not it is best to promote or maintain your Pi Coins.
Vignesh Karunanidhi
Vignesh Karunanidhi is a seasoned crypto journalist with almost 7 years of expertise within the cryptocurrency trade. He has contributed to quite a few publications, together with WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles
Disclaimer: The offered content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
