Hello Everyone,

Pakistanis are going crazy over Pi Token, and I’m hearing some outrageous prices that people are paying for it OTC.

Many believe Pi will launch at $30–40, but they have no idea how markets work. Let me break it down:

Pi is expected to have approximately 6 billion tokens in circulating supply at launch, which means at a $1 price per token, its market cap would be $6 billion—an unrealistic valuation for a newly launched project.

A realistic launch market cap would be anywhere between $200 million to $1 billion (on the higher end). This means the initial token price would likely be between $0.033 and $0.166.

Yes, crypto can get crazy, and in an extreme scenario, Pi could run up to a multi-billion-dollar market cap. However, I find it highly unlikely that Pi will hit $1 anytime soon.

Not to mention, at a $1 launch price, Pi’s Fully Diluted Valuation (FDV) would be $100 billion, which is completely unrealistic for a project at launch. Anyone who understands crypto will tell you that even dreaming of such a valuation is absurd.

For context, here are the market caps of some well-known cryptocurrencies:

• USDT – $140B

• BNB – $80B

• Solana – $94B

• Dogecoin – $38B

• Tron – $20B

• Sui – $10B

• ICP – $3.5B

At $1 per Pi token, the market cap would be $6 billion, with an FDV of $100 billion, making it completely unrealistic based on current market conditions.

Someone in my DMs quoted me $1.35 market cap of $8.1b crazy.