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PI Coin Price Target $0.60 — Could Slower Supply Unlock the Next Bull Market?
Pi (PI) announced that mining rates would increase since last month’s token allocation target wasn’t reached. This slower release of circulating supply could support a more bullish price outlook for Pi Coin.
One way to boost mining production is through token lock-up via the Pi app. Users can potentially increase their mining rates by up to 600% depending on the lock-up period. If many miners choose this option, it could significantly reduce circulating supply and support upward price pressure.
According to PiScan, t
Pi (PI) announced that mining rates would increase since last month’s token allocation target wasn’t reached. This slower release of circulating supply could support a more bullish price outlook for Pi Coin.
One way to boost mining production is through token lock-up via the Pi app. Users can potentially increase their mining rates by up to 600% depending on the lock-up period. If many miners choose this option, it could significantly reduce circulating supply and support upward price pressure.
According to PiScan, t
PI-3.2%