๐ต *Why is PI still sitting at a 7B FDV?!*
A lot of traders are asking the same thingโฆ here's what's really going on ๐
๐งฉ *FDV (Fully Diluted Valuation)* represents the total value *if* all tokens were in circulation. In PI's case, most arenโt โ they're still locked or untradeable for many.
๐ซฅ *The reality:*
- Most holders canโt even sell their PI tokens ๐ถ
- There's *no major exchange listing*
- Huge supply is yet to be unlocked
- Valuation is based on extremely low liquidity pricing (price times total supply) ๐ฅ
๐ป *Who's holding it?*
- Early adopters mining from the app
- Some speculative investors
- Possibly insiders and the dev team holding majority supply ๐คซ
๐ *Prediction warning:*
Until there's actual *liquidity*, *transparency*, and *open trading*, this7B FDV is just inflated hype. Many are calling it a โphantom market capโ โ looks big, but no oneโs buying or selling freely.
๐จ Donโt be fooled by the shiny numbers โ always DYOR.
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