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Pi Network trades at Rs 12.13 on June 13 2026, with a 0.22% rise. Learn the token’s supply model, mining mechanism and founder background.
Pi Network’s price was Rs 12.13 at 09:45 AM on June 13 2026, reflecting a modest 0.22% increase from the previous session [1].
Key takeaways
The Economic Times reports that Pi Network’s price rose slightly to Rs 12.13 on the morning of June 13 2026 [1]. While the site provides the price in Indian rupees, it does not list a USD conversion or market‑cap figure, leaving those metrics unclear. CoinMarketCap’s page describes Pi as a “social cryptocurrency, developer platform, and ecosystem” but does not supply real‑time pricing data, focusing instead on the token’s design and supply structure [2].
Pi’s tokenomics are defined by a fixed maximum supply of 100 billion tokens. Of this, 65 billion (65 %) are earmarked for community mining rewards, 10 billion (10 %) for foundation reserves, 5 billion (5 %) for liquidity, and 20 billion (20 %) for the core team [2]. The “Effective Total Supply” mirrors these proportions, calculated by dividing the current migrated mining rewards by 65 %. This design ensures that the circulating supply always reflects the same allocation ratios as the maximum supply.
Mining on Pi follows a declining exponential issuance model outlined in the project’s whitepaper. Users can increase their individual reward rates by contributing to the network—such as forming Security Circles, using utility‑based apps, or operating nodes. Each month, the total amount of Pi distributed as mobile balance is capped, with individual multipliers applied to a base mining rate [2].
Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both holding PhDs from Stanford University. Kokkalis specializes in distributed systems and human‑computer interaction, while Fan focuses on anthropological sciences and social computing [2]. Their stated goal is to make cryptocurrency accessible to everyday people and to build an inclusive ecosystem that enables global participation.
The modest price movement reported by the Economic Times shows that Pi remains an actively traded token, albeit with limited public data on market capitalization. Understanding its supply constraints and mining formula is crucial for investors and participants who rely on the token’s utility rather than speculative price swings. The founders’ academic credentials and emphasis on accessibility suggest a long‑term vision of mainstream adoption, but the lack of transparent market data means that potential users must monitor official sources for updates on liquidity and price trends.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 13, 2026 · How we report
Users mine Pi tokens through a mobile application that requires a daily tap to verify participation, avoiding the energy-intensive processes of traditional mining.
The network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, who both hold doctoral degrees from Stanford University.
The network uses a Federated Byzantine Agreement and security circles to reach consensus, aiming to operate without control by any single person or group.
KYC serves as a core mechanism to ensure the network consists of real human participants and to disempower bots or malicious actors.