Pi hype has come and gone, but the project is still standing, and to me it shows one thing, and that is that it has people who believe in it and also a believing community alongside the devs. I won't be surprised to see it thrive in the next coming years, as every day we're seeing Pi pioneers increasing in numbers. And one funny thing about them is that they tend to believe that one day 1 Pi will be able to buy a car, lol. Till then, we'll be looking forward to it. And also, I can't blame them - they have opportunities lying ahead for them as a pioneer, like getting to earn up to $150 worth of the token if someone refers them, and many more. Are you also a pioneer?
Seeing the total supply it's impossible for 1 Pi to be as valuable as car
.However, if we are talking about the believers, yeah it's like a cult basically. So many people believing it will go that high without understanding that the FDV will be too much for it to happen.
The coin have some believer, but I keep wondering where the investors are coming from. I don't really believe just because it's being hyped like a cult it will suddenly have even more massive FDV because current FDV is already too massive for a coin with low amount of utility.
I don't even think people uses Pi on chain beside just moving around their coin.