Drawing from information provided by CoinMarketCap, Pi’s market valuation has surpassed $10 billion, positioning it within the top 15 digital currencies currently available. Nevertheless, it’s crucial to acknowledge that Pi Network remains in its restricted mainnet stage, and the Pi cryptocurrency is not yet accessible for transactions on prominent exchanges. Consequently, the declared market capitalization might not precisely represent its genuine worth. Toncoin (TON) Value Forecast for March 26th
Nevertheless, assuming the self-declared supply numbers hold true, Pi’s valuation on the market could go beyond $10 billion, potentially positioning it around the 11th or 12th spot in the crypto hierarchy.”
Regardless of the unconfirmed status of this self-provided information, Pi Network has attracted interest, though not always favorable. Ben Zhou, the head of Bybit, has openly called the endeavor a fraudulent scheme, mentioning that the Chinese authorities perceive it as a pyramid structure.
CoinMarketCap seems unwilling to feature the token as a top competitor so early in the game. Other significant data monitoring sites, like CoinGecko, have similarly omitted the token’s market capitalization from their lists.
To summarize, the latest news surrounding Pi Network has been chaotic. While supporters persist in promoting the project’s expanding worldwide image, doubters wonder if the whole undertaking is just a bubble about to collapse.
