This market is really getting weirder and weirder, there really isn't much to reference, and the market value has too much predictive analysis significance. I can only forcibly reference XRP, which has the same total supply, but the user base and popularity of XRP are definitely not as strong as Pi, and the ecological applications are quite different, so there's not much reference value. I am more cautious about the initial circulation volume; the largest entity in the initial circulation volume has pricing power, which is what we are familiar with as the market maker. Another thing is the selling pressure at the opening, which is relatively difficult to estimate. Does anyone know?

The PI coin will officially debut in a few days, and both its market heat and public expectations are at a high level. According to predictions from Sister Sweetheart, its market value is expected to exceed the $20 billion mark.

However, this raises a thought-provoking question:
Once the PI coin successfully launches, what will be the fate of other altcoins?
Looking back at the last launch of the Trump coin, it attracted billions of dollars in funding, causing altcoins in the market to be nearly drained. This time, the PI coin is expected to attract over $20 billion in capital inflow, and this huge capital absorption effect could have more far-reaching impacts on the market, even mainstream currencies may not be spared.

Therefore, the prosperous season for altcoins seems to become more remote. Do the brothers agree with this logic?