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piin price
piin price

piin price

$0.{4}8727
USD
BRC-20
Inscription starting number #38491175
View my BRC-20 tokens

Real-time summary of piin price data

The live price of piin is $0.{4}8727 per (piin / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $100.02M USD. piin to USD price is updated in real time. It has a total supply of 100.00B .

piin market data

Market cap
$0.00
All transactions
42,906

piin price calculator

piin
VectorImg
USD
1 piin = 0.{4}8727 USD
Last updated on (UTC)

About piin

piin is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.

Piin (Ordinals): What Is It and How Does It Work?

 

What Is Piin (Ordinals)?

Piin is a BRC-20 meme coin, a type of fungible token that operates on the Bitcoin blockchain. The BRC-20 token standard, an experimental concept introduced in early 2023, diverges from traditional token standards like ERC-20. Unlike these standards, which rely on smart contracts, BRC-20 tokens use ordinal inscriptions. These inscriptions allow data, such as JavaScript Object Notation (JSON), to be attached to satoshis, the smallest unit of Bitcoin. This method creates unique tokens, each with its distinct attributes, akin to non-fungible tokens (NFTs), yet they remain fungible like traditional cryptocurrencies.

To learn more about Bitcoin Ordinals, check out our article: What Are Bitcoin Ordinals? Everything You Need to Know About Bitcoin NFT.

Piin, specifically, leverages this approach to create a meme coin with a strong community backing. It's a token that embodies the spirit of the Pi Network, a community known for its resilience and dedication. The Piin token is inspired by the story of the "Foolish Old Man Removes the Mountains," symbolizing perseverance and the power of collective effort.

 

How Does Piin Work?

Piin operates as a BRC-20 token. It utilizes the Bitcoin blockchain's robust and secure infrastructure, which is a significant departure from the reliance on smart contracts seen in other blockchain networks. This simplicity in tokenization allows for a more straightforward and user-friendly approach to minting and transferring tokens. However, it's important to note that this simplicity comes at the cost of the advanced functionalities that smart contracts offer.

Piin's operation is also characterized by its community-driven nature. Unlike many digital currencies, it does not have a central developer team or smart contracts governing its operations. Instead, it is entirely driven by its community, which is over 50 million strong. This aspect of Piin not only democratizes its management but also aligns with the ethos of blockchain and decentralization.

 

What Is the Tokenomics of PIIN Token?

PIIN is a meme coin on the Bitcoin network. It has a total supply of 100 billion tokens. It is important to note that the Piin token operates without any development team, smart contract, or taxes. It is entirely community-owned and driven, reflecting a pure form of decentralized digital asset. PIIN has garnered significant attention, boasting a community of over 7,500 holders as of January 2024.

PIIN is designed as a 100 percent mintable token, making it an attractive option for trading and investment, particularly for those interested in meme tokens. PIIN has become a symbol of this spirit, with increasing support from various groups within the network. However, like any investment in the volatile cryptocurrency market, the benefits and risks associated with Piin tokens should be carefully evaluated.

 

How to buy inscription piin?

The BRC-20 inscription tokens piin are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase piin, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase piin on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=piin or ordinalswallet.com/brc20/piin. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.

Can I purchase piin inscription tokens on CEXs?

Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.

How do I inscribe an inscription token like piin?

You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.

Top BRC-20 tokens

Inscription # 38491175 status

Inscription ID
fa77556a151651749b67e786ff07bf2d3f961a7eeeb1c1b2c27dfcb275e1628ai0copy-inscriptionId
Deployed by
bc1q94a3zhte64pn2ym490uj7rkxsfcg7vur6f35zncopy-deployedBy
Deployment time
2023-11-08 17:27:37
Supply/Minted
100.00B/100.00B
Holders
21,035
Inscription starting number
#38491175copy-inscriptionStartingNo
Inscription ending number
#38824924copy-inscriptionEndingNo
Decimal
18
Limit per mint
1,000,000

piin resources

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