Pi
PI#67PI is the coin of Pi Network, a mobile-first blockchain where it is earned by tapping in an app and moved to Mainnet after identity checks.
- Market cap
- $994.73M
- Volume 24h
- $6.86M
- All-time high
- —
- Circulating supply
- 11.24B of 100B
Passes our 8 Shariah criteria. Needs caution: excessive uncertainty (gharar) and benefit and harm (maslahah).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
Pi Network has a large base of verified mobile users, but its supply is mostly unissued or held by the Core Team, its node code is not public and its consensus has been reported to rest on very few validators.
Reviewed every 3 months and on major eventsNews: Positive
The main update was progress on clearing KYC and Mainnet migration backlogs for blocked users.
Reviewed monthly and when something material happensPrice & market
PI trades around $0.0899, inside its current zone of $0.0887–0.0911, near the 50-day average and well below the 200-day average. The price moves sideways and sits low in its yearly range. Within the near-term bands the upside to $0.0918 (+2.1%) is smaller than the downside to $0.0853 (−5.1%), so the balance is unfavourable. Most of the supply is still to come and control is concentrated in the Core Team, which weighs on the token. The near-term picture calls for caution over the next 2–12 weeks.
- Review level
- $0.0853
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category