PI has been listed, congratulations to those Pi holders who have managed to sell at a high price with profits or bought at a low price and held for several years, now they are also making quite a profit.

As predicted, when PI is listed, it will be pushed in the short term creating FOMO and then gradually decreasing. The image I took when PI was around $1.6 had a total market cap (FDV) of $160 billion. Binance - the largest exchange in this market, also only has an FDV of $92 billion, to compare with other top assets like $33.47 billion with an FDV of $18 billion, which is 10 times if PI is priced at $1.8 😂

PI (with its own ecosystem) can be compared to other Layer1s in the market, with the current price also just having an FDV of over $100 billion. What will PI do to surpass SOL, I do not know :)) Meanwhile, SUI's FDV is currently $33 billion, if PI is valued similarly, the price would be $0.33.

To return to its true value will also take time, but I hope PI will hold its price a little longer, and even being pushed up would be better to attract more new investors into this market. Furthermore, it shows that many other altcoins are currently being valued with FDV that is too low 😂

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