Markets

Who Holds the Most Pi Tokens?

The Pi Network rich list provides a clear indication of the token’s demand in the market. Notably, Pi is among the most trending tokens in the market, even in its declining days. Due to a long wait on the launch and years-long community building, it is often in hype. It includes its post-launch rally, pushing it to $2.98. With new developments and connecting members, let’s discuss who holds the most.

Pi Network Rich List Breakdown of Top 100 Wallets

Pi Coin was launched with a total supply of 100 billion Pi tokens, but only 7.6 billion are in circulation. Notably, the top 100 holders own 96.37% of the total supply per BscScan data. The Pi Network June rich list includes major whales holding as only 15,316 holders are responsible for 96 billion supply, worth $48.60 billion at the current Pi price.

Pi Network rich list

Additionally, the top 10 wallets alone control 61.1% of the total supply, with individual whales (non-contracts) holding the majority share. Notably, the early adopters and large investors are filling the top Pi coin-rich list due to new Pi features.

The same reason puts it at the risk of centralization. If a set of wallets carries a large token supply, they carry the power to influence its value. For example, if it decides to sell, the system could face volatility.

Who Holds the Most Pi Tokens?

According to the BscScan Pi Network rich list data, the Null: 0x000…dEaD wallet holds the most tokens, constituting 17.4652% of the total supply. This represents 17.4 billion tokens, but carries less risk of volatility as it’s a burn address, carrying tokens to reduce the circulating supply.

Pi holders dataPi holders data

The second-highest holding (9.4829%) is in the PancakeSwap V2: BSC-USD-PI Network 3, which is tradeable, and the remaining eight wallets hold 35% of the total supply. Overall, the maximum supply is held by a short number of holders, while thousands carry less than a 4% supply.

Frequently Asked Questions (FAQs)

The top 100 wallets carry 96.37% of the total Pi supply, with the top 10 wallets controlling 61.1%.

The burn address Null: 0x000…dEaD holds the most Pi tokens, representing 17.4652% of the total supply.

Pi coin is currently trading at $0.5025 after a 6% decline today. From its ATH of $2.98, it is down 83%.

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Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.

Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.

Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.

When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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