The total supply of Pi Network is 100 billion. If someone expects the price of each Pi to reach $300, this seems unrealistic. If this happens, the total market value of the Pi Network would reach $30 trillion!
As a comparison: The market value of Bitcoin at its peak was about 1.3 trillion dollars The total market value of gold is estimated at around 14 trillion dollars. The Gross Domestic Product of the United States GDP #BTC 2023( ≈ 27 billion dollars This means that only when the market value of Pi exceeds the total value of gold, bitcoin, and the US economy, can it reach $300, which of course sounds like a joke. The actual price of Pi will depend on supply and demand and adoption rates. #Gate.io Has Officially Partnered with Oracle Red Bull Racing #Market Dip: What to Buy? #Weekend Market Analysis
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KingMunna
· 02-17 04:10
Bull Run 🐂Bull Run 🐂Bull Run 🐂
Reply0
PleaseCallMeMissZhan
· 02-17 03:38
The total supply of the Pi Network is 10 billion. It seems unrealistic if someone expects the price of Pi to reach $300. If this were to happen, the total Market Cap of the Pi Network would reach $30 trillion!
For comparison:
BTC's Market Cap has reached a peak of about $1.3 trillion
The total Market Cap of gold is about $14 trillion
The GDP of the United States is approximately $27 trillion
This means that only when Pi's Market Cap exceeds that of gold, BTC, and the total value of the U.S. economy, it may reach $300, which of course sounds like a joke. The actual price of Pi will depend on supply and demand and trust.
#BTC#(#Gate.io Has Officially Partnered with Oracle Red Bull Racing#
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Wb3_fish
· 02-17 03:21
Don't dream, pi is dreaming.
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Mohammedi198
· 02-17 03:15
Not all currencies will be released on the market, so the price will be high because the company has set conditions for the complete exit of the currency, which requires a long time.
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TheWindBlowsTheCrotc
· 02-17 03:11
A lot of idiots below. They don't study themselves, and what they say really lacks insight. Go and learn more, understand it, and don't just look at it from the perspective of Cryptocurrency Speculation. It's still unknown whether it can be listed on the exchange. Everyone is waiting for these days. However, the idiots below may have other purposes. I'll just say that much. Learn and understand first.
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Mr.Anchovy
· 02-17 03:06
it's locked and unlocked , cir supply 6B only
Reply0
GateUser-32f5a1b2
· 02-17 02:56
There is no full circulation
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FenglinVolcano001
· 02-17 02:52
When it reaches 0.1U, the Market Cap will be 100 billion.
The total supply of Pi Network is 100 billion. If someone expects the price of each Pi to reach $300, this seems unrealistic. If this happens, the total market value of the Pi Network would reach $30 trillion!
As a comparison:
The market value of Bitcoin at its peak was about 1.3 trillion dollars
The total market value of gold is estimated at around 14 trillion dollars.
The Gross Domestic Product of the United States GDP #BTC 2023( ≈ 27 billion dollars
This means that only when the market value of Pi exceeds the total value of gold, bitcoin, and the US economy, can it reach $300, which of course sounds like a joke. The actual price of Pi will depend on supply and demand and adoption rates.
#Gate.io Has Officially Partnered with Oracle Red Bull Racing #Market Dip: What to Buy? #Weekend Market Analysis