People in the Pi Network community said that it is too narrow to benchmark Pi Network with cryptocurrency projects. Pi Network's vision is bigger than the entire cryptocurrency industry, so we need to benchmark $PI with US stocks and gold.

But now after the opening, it is found that if we use US stocks and gold to benchmark $PI, the price of $PI can't really make the list, and it can't enter the price calculation chart, so we still have to use cryptocurrency projects to benchmark.

At present, the price of $PI is about $1.5, and the circulating market value is about $2.5 billion, which exceeds Filecoin and is close to ICP; the fully diluted market value is $180 billion, which exceeds BNB and is close to XRP.

In fact, this price is within expectations. Pi Network is an old project born in 2018. It can be regarded as a Layer1 public chain with a very large user base. Its market value is indeed similar to public chains such as ICP and XRP.

More importantly, the exchange currently does not allow Chinese users to trade, and many users' coins have not yet been migrated to the main network. If it is really opened in the future, the uncles and aunts will smash the price of $PI to zero? The selling pressure is too heavy.

The price calculation chart I made before is still rising🤣#参与投票-PI该上线币安吗？ #PI币2月20号全网上线