PI Network Scam
1.)
It will not be listed on Binance or Coinbase which are two biggest crypto exchanges.(Of course they dont support scam projects, other exchanges just want to take your quick fee money)
2.)
Max supply of this coin is 100.000.000.000(100 Billion) which is same as $XRP who have huge use case and its still at max of 3$. Xrp have circulation supply of about 60 Billion, in the other hand PI network circulation supply is about 6 Billion. So to match Xrp value PI coin would need to be about 25-30$. However Xrp use case is much immportant than this scam project.
3.)
The app or the coin does not provide anything other than like in-app messaging. Community is big just because everything you do is click on app and pray it will be worth 100$ which you can sell and make millions. Thats not going to happen.
4.)
This model of pyramid-scheme referal system is only good for founders through ads. When you click on mine you just watch the ad and you PI is beign mined. Ridiculous.
5.)
Possible coin price in my estimations would be around 0,0001$ and 0,001$ at best so if you have someone to sell it on closed market for 1$ a coin i recommend you to do that. Thats only way to earn money from time you spend clicking and watching ads on this Fake platform. Of course coin can be manipulated for pump and dump or rug pull schemas but in the end there are no real value in PI coin or project.
SUMMARIZE:
* Not close to xrp Huge 3$ worth or market cap
* No use case at all
* Only creators earn through ads
* Not supported by big Exchanges
* Real value will be close to 0$ and possible open to huge price manipulations
* Pyramid-referal-scheme system with no real value
* Constantly delaying project roadmap (about 6 years, the longest among any crypto project)
*60+milion users which at least half is delusional and think that this will be worth millions and not seeing that this is scam project
* But as long as you dont invest any other money you will maybe just be sad for couple of days and forget about how you almost become millionaire.
* plus tip invest in $BTC and sleep tight.