It still feels like the project has potential, but something is stopping it from taking off. I’m curious to hear what y'all think—especially with all the talk around the new rounds of unlock scheduled.
Pi was really over-hyped. A lot of people I know who mined it are still living in denial till date. They're of the opinion that it's yet to unleash its full potential but they're wrong. Unless Pi begins token burning, I don't see it doing much to even get past its ATH. The supply is huge. 100 billion maximum supply isn't a joke. It was even a wonder that it got to $3+ in the first place. With less that 8 billion in circulating supply, it will crash more when more tokens are released to the market.
Bitcoin first got to $3 and later fell to $0.6. Then it increased and got to $3 again and it started falling. Now it is at $0.41.
You may want to check that typo.