Analysis of the Pi Network, fundamental analysis.
Considering that the currency is American and known in all financial and investment circles and that it has high credibility and transparency, and its acquisition depends on specific conditions.
And it will be supported by the Western community and also because there is room for it to transition from a digital currency to a main trading currency in international and individual transactions. I believe that due to its support from the Western community, it will be a strong and fierce competitor in the market in terms of market value, not price at all... and we will explain this in detail.
The total size of the currency is 100 billion units, and what has been mined so far is about 10 billion coins, and it is continuously increasing. What has been issued so far in the markets is about 7 billion coins, and there are about 3 billion coins still with their miners. Its market cap is $17.5 billion, and its current price is about $2.6.
Practically, it is difficult for the currency to reach more than $30.
Except in some cases, which depend on what has been mined of that currency at that moment.
In the case of fully mining it, it would require its acquisition to be about $10 trillion to reach $30, which is almost impossible.
However, in her current state, reaching a value of $10 requires its market value to approach $70 billion, which is not impossible.
By deducting all the quantities that have been mined so far, it requires the market value to reach $100 billion to reach $10.
But I see it more practical to mine it instead of investing in it.
Because there are 90 billion coins still available to this day.
So start mining now.
Pi is a new digital currency developed by Stanford PhDs, with over 55 million members worldwide. To claim your Pi, follow this link https://minepi.com/AELoR94 and use my username (AELoR94) as your invitation code.
