The price of Pi currency reaching $314,159 per unit is virtually impossible for several reasons:
1. The massive supply of Pi currency
Digital currencies depend on supply and demand, and the larger the number of coins, the harder it is to reach very high prices. Pi currency has been mined by millions of users since 2019, which means its supply will be very large compared to coins like Bitcoin (which has a maximum cap of only 21 million coins).
2. Market Cap
If Pi reaches $314,159 per coin, it means that the market value of Pi will be multiples of the total market value of all digital currencies, which is economically illogical. For example:
Bitcoin, the strongest digital currency, barely reached $1.2 trillion in market value.
If we assume there are 100 billion Pi coins, reaching this price would make it larger than the global economy!
3. Lack of real demand so far
Currently, Pi currency is not officially traded on any accredited exchange, and there are no large investors buying it at high prices. Digital currencies need institutions, banks, and major companies to adopt them in order to reach high prices.
4. Comparison with other digital currencies
Bitcoin took over 10 years to reach $60,000, yet its supply is very limited.
Ethereum, the second largest digital currency, is priced below $4,000 despite having wide applications.
In conclusion: Could the price of Pi reach $314,159?
Logically and economically, this is almost impossible. Pi may have good value in the future, but it will not reach this fantastic number. It is better to wait until it is officially launched in the open market and see its true value based on supply and demand rather than informal expectations.
