Wolf pups, don't completely believe what the Pi Network community says 🤣

However, it was found after the opening today that if using US stocks & gold as benchmarks for $PI, the price of $PI cannot make it to the list, and cannot even enter the price calculation chart, so we still need to use projects in the cryptocurrency circle as benchmarks.

Currently, the price of $PI is around 1.5 US dollars, with a market capitalization of about 25 billion US dollars, exceeding Filecoin and approaching ICP; the fully diluted market value is 180 billion US dollars, exceeding BNB and approaching XRP.

Actually, this price is within expectations. Pi Network is an old project born in 2018, which can be seen as a Layer1 public chain with a very large user base, and its market value is indeed similar to public chains such as ICP and XRP.

More importantly, at present, exchanges do not allow users from China to trade, and many users' coins have not yet migrated to the mainnet. If it really opens up in the future, will the price of $PI be smashed to zero by the elderly? The selling pressure is too heavy.

The price estimation chart I made earlier still has an increasing gold content🤣