Pi Network Buyback Campaign Targets Exchange Token Supply
Background: Pi Network Buyback Campaign
Pi Network pioneers have launched a significant buyback campaign aimed at removing $Pi tokens from centralized exchanges (CEXs). According to a report from CryptoNews, the campaign addresses the 417 million $Pi tokens currently held on exchanges, which form a major portion of the circulating supply influencing the market price. The initiative invites users to withdraw $Pi from exchanges into personal wallets, thereby reducing token availability on trading platforms.
This Pi Network buyback campaign relies on the involvement of its broad user base. The network currently reports 17 million KYC-verified users, 70 million active pioneers, and 10 million newly onboarded members. Organizers compare the movement to the well-known GameStop short squeeze, emphasizing the potential market impact of collective community action. As noted in community discussions, although 8 billion $Pi tokens exist in circulation, about 5 billion are locked, and 3 billion are freely held in active wallets. Of these, just 417 million remain on exchanges, underlining the impact a coordinated withdrawal could have.
Market Reaction and Community Participation
By encouraging mass withdrawals of $Pi tokens from CEXs, the Pi Network pioneers aim to create a supply crunch that may push the token’s price higher. The campaign is grounded in basic supply and demand economics—removing a sizable portion of tokens from the open market creates scarcity, which can drive price appreciation. Community members have shared withdrawal strategies and promoted the movement on social media, with the goal of encouraging widespread participation.
Crypto analysts view this Pi Network buyback campaign as one of the first decentralized buyback efforts in the crypto industry, blending grassroots activism with market dynamics. The enthusiasm among pioneers is noteworthy, and early reports suggest the movement has gained substantial traction within the Pi community.
Growth of the Pi Network Ecosystem and What’s Next
The Pi Network ecosystem itself is experiencing rapid growth. Over 210 decentralized applications (DApps) are already live on the Pi mainnet, with 23,000 additional projects in development via Pi Studio. A significant upcoming milestone is the launch of the Pi DEX (decentralized exchange), which will enable users to trade $Pi directly on-chain using liquidity pools and automated market making (AMM) protocols. Those who provide liquidity will be eligible to earn trading fees, further incentivizing active engagement in the ecosystem.
The mainnet launch, combined with the buyback campaign, is anticipated to drive increased liquidity demand and support price stability. By reducing reliance on centralized exchanges and fostering community involvement in DeFi activities—such as swaps, staking, and liquidity provision—the network aims to support a robust decentralized economy. Experts believe this strategic shift could set a precedent for community-guided token management in other cryptocurrency projects.
As Pi Network transitions from an experimental stage to full-scale operations, early participants and active pioneers may benefit from both token appreciation and additional ecosystem rewards. The ongoing buyback campaign, in concert with new DeFi tools and the launch of the DEX, signals a pivotal evolution for the network—where community action and decentralized finance converge to shape the future of Pi.
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