marathon_bull
--
#PiNetwork
I'm quite pragmatic and prefer to look at numbers, instead of messages of hatred or delusional dreams.
I've been watching in silence all the frenzy on Binance Square, since #PiCoreTeam announced the open mainnet launching day. But I believe now it's the time for an initial analysis.
Pi coin has a trading volume of around $150M in its first hour of trading (impressive I would say...).
Pi has a Fully Diluted Valuation of $16B. With a circulating supply estimated around 6B, this would give Pi a Market Cap of around $11B (considering its current price).
This places #pi ahead of coins such as AVAX, DOT or SUI in terms of Market Cap.
And the ride has just started... let's keep an eye on it.
My opinion is not influenced by the fact that I've been mining Pi for the last 5 years. it's just based on numbers and it's not financial advice in any way.
Personally, I'm not touching my pi coins for the next 2 years, and I'll watch how the market behaves. I'm expecting extreme volatility on the first days of Pi trading.
I'm quite pragmatic and prefer to look at numbers, instead of messages of hatred or delusional dreams.
I've been watching in silence all the frenzy on Binance Square, since #PiCoreTeam announced the open mainnet launching day. But I believe now it's the time for an initial analysis.
Pi coin has a trading volume of around $150M in its first hour of trading (impressive I would say...).
Pi has a Fully Diluted Valuation of $16B. With a circulating supply estimated around 6B, this would give Pi a Market Cap of around $11B (considering its current price).
This places #pi ahead of coins such as AVAX, DOT or SUI in terms of Market Cap.
And the ride has just started... let's keep an eye on it.
My opinion is not influenced by the fact that I've been mining Pi for the last 5 years. it's just based on numbers and it's not financial advice in any way.
Personally, I'm not touching my pi coins for the next 2 years, and I'll watch how the market behaves. I'm expecting extreme volatility on the first days of Pi trading.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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