As long as your calculations didn’t include circulating supply, it’s not correct!

pi will launch it's main net on 20-feb-2025 .
so question will arise why not listing on any exchange.

so let's see the matter and find out the answer.

action(,roadmap) of pi founder :

point

1. from action(roadmap) of pi network we can judge that pi network do not want to come into open market.

2. pi network will eveluat it's coin price through the goble forum like gsv. or other.

first let's understand why this 2nd action pi network wants.

i have mention the three coin which have real world use case and max supply between 50 to 100 billion (please see in picture )
1. $xrp 2. $xlm 3. $vet.
and calculate their capital with max supply an current market price. and then make sum of all coin supply and their capital after this total capital divided by total supply coin and we got the avg. price of this three coin is 1.22079 USDt.

why do this calculation ?
answer : pi coin have 100 B max supply.
so take similar coin for price prediction. using reference of open market tested price

different different privet forum give their price with their logic and calculation. but this price not tested in open market.

let's check some facts i had take 3 coin $XRP ,$XLM and $VET ( see the calculation in picture )

so

1. avg supply of this 3 coin 236.71/3
= 78.90 B
2. avg price of this 3 coin 288.9735 / 236.72
= 1.23079 USDt.

question what are those motivation in which people are agree to pay 25$,45$,60$,145$ or 314,000$ for this coin. anybody have answer then please share it in comment.