# Pi Network price hits $0.127, market cap over $1.3 B

**Published:** 2026-06-13T04:02:00.165Z  
**Topic:** Pi Network  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/550609c3-ad35-4883-9e84-0c06193b193e

Pi Network trades at $0.127 per token with a $1.36 B market cap, 10.7 B circulating supply and 24‑hour volume of $6 M, according to CoinMarketCap data.

Pi Network’s native token Pi is currently priced at $0.127342 USD, giving the cryptocurrency a market capitalization of roughly $1.37 billion and a 24‑hour trading volume of $6.0 million [1]. The token’s circulating supply stands at 10.74 billion Pi out of a maximum supply of 100 billion, reflecting the network’s phased mining and migration model.

**Key takeaways**
- Pi trades at $0.127342 USD per token, up 0.30% in the last 24 hours [1].
- Market cap is $1,367,898,153 with a circulating supply of 10,741,930,368 Pi [1].
- The maximum supply is capped at 100 billion Pi, allocated across community mining, foundation reserves, liquidity and the core team [1].
- Pi’s price is calculated from data across 18 exchanges and 29 markets using a volume‑weighted average [2].
- The network’s mining rewards follow a declining exponential model and depend on user participation and KYC completion [1].

## Price mechanics and supply structure  
CoinMarketCap reports the live Pi price and market data, while CoinGecko explains that the quoted price is derived from a global volume‑weighted average of trades on multiple exchanges [2]. Pi’s supply model is split into a 100 billion‑token maximum, with 65 billion earmarked for community mining rewards, 10 billion for foundation reserves, 5 billion for liquidity, and 20 billion for the core team [1]. The “effective total supply” adjusts as community mining rewards are migrated to the mainnet, keeping the proportional allocations constant even though all tokens were minted at genesis [1].

Mining on Pi follows a declining exponential issuance curve described in the project’s whitepaper. Users can boost their individual rewards by building security circles, running nodes, or using utility‑based apps, but the overall monthly issuance is capped by a base mining rate that decreases over time [1]. Completion of KYC and migration steps also influences the amount of Pi that actually enters the blockchain, meaning the effective supply may fall short of the theoretical 65 billion community allocation [1].

## Ecosystem growth and adoption  
Pi Network positions itself as a “social cryptocurrency” with a mobile‑first approach, allowing users to earn tokens on smartphones without specialized hardware [2]. The ecosystem includes a native wallet, a dedicated browser, and a platform for decentralized applications, all built on the Stellar Consensus Protocol [2]. Recent events such as PiFest 2024 highlighted growing merchant participation, reporting over 27 000 active sellers and 28 000 test merchants across 160 countries [1].

## Why it matters  
The current price and market‑cap figures illustrate Pi’s transition from a community‑driven mining experiment to a tradable digital asset with measurable market activity. The reliance on KYC‑verified users and a declining issuance schedule suggests a supply‑constrained environment that could influence future price dynamics. As the network expands its merchant base and dApp ecosystem, Pi’s utility beyond speculative trading may become a key driver of demand, while its price will continue to reflect real‑time trading across multiple exchanges.

## Sources
1. CoinMarketCap — [Pi price today, PI to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/pi/)
2. CoinGecko — [Pi Network Price: PI/USD Live Price Chart, Market Cap & News Today | CoinGecko](https://www.coingecko.com/en/coins/pi-network)

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Cite as: TrendWatcher, "Pi Network price hits $0.127, market cap over $1.3 B", https://www.trendwatcher.in/article/550609c3-ad35-4883-9e84-0c06193b193e