๐ Can someone explain why *Pi Network* is still sitting at a *$7B FDV* (Fully Diluted Valuation)?
๐จ Many in the crypto space are confused because:
1๏ธโฃ *It's not officially listed* on major exchanges yet.
2๏ธโฃ *No real utility* or live trading โ most are holding IOUs or mining in-app.
3๏ธโฃ *Speculation + hype* is driving the perceived value.
๐ Who's holding it? Mostly early users/miners hoping it moons once it's tradable.
๐ *Prediction & Analysis:*
- If Pi ever goes live on major exchanges, we may see a *brief pump* from hype.
- But without utility or strong tokenomics, it could *dump fast* ๐
- Always DYOR (Do Your Own Research) โ donโt just chase hype.
โ ๏ธ For now, treat Pi with caution โ looks like a *high-risk, low-clarity* bet.
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