So $PI is currently trading at $0.9, down 30% on the day after listing
Currently market cap based on 5bn token supply = $4.5bn
With FDV = $90bn
Thats super wild for a token that has no utility other than "mining" via mobile app
This screams $ICP 2.0 which benefits team and insiders only. If you got free tokens, congrats
But don't buy this. In a few weeks, $PI will trade below $0.1 and then $0.01 till it slowly fades off
You're free to disagree, we'll come back to this in a few months