Why Is Pi Coin Stuck in the Crypto Friend Zone? 🤔💔

by

So, Pi Coin is the talk of the town, but not in the way its fans were daydreaming about. With a whopping $15 billion market cap, it’s still lounging at a cozy #201 on CoinMarketCap (CMC). Meanwhile, Hedera, with its measly $9 billion, is strutting around at #11 like it owns the place. What gives? 🤷‍♀️

It seems CMC has its own quirky way of ranking things. Unlike the cool kids, Pi Coin’s circulating supply was self-reported. CMC, being the cautious type, waits for a stamp of approval before updating rankings. So, here we are, Pi still stuck in the back row of the crypto classroom. 📚

Just recently, Pi Coin’s supply status went from “unverified” to “verified.” But surprise, surprise! The ranking is still as low as my motivation on a Monday morning. 😩

Crypto fans have taken to Reddit like it’s their second home, passionately arguing that Pi deserves a top 15 spot based on market cap alone. They’re convinced that a little recognition would attract investors and maybe even give the token’s price a much-needed boost. 💸

After the Pi Network finally launched its long-awaited mainnet on February 20, the drama escalated. Pi Coin got listed on major exchanges like Bitget, OKX, and Gate.io, causing a brief 30% price surge. But, like a bad date, it didn’t last long—by the next day, the price plummeted faster than my self-esteem after a breakup. 😅

Now that CoinMarketCap has verified Pi Coin’s market cap, the burning question is: why hasn’t the ranking changed? Some think CMC is playing it safe due to Pi’s self-reported supply, while others are scratching their heads wondering what the hold-up is. Many Pioneers are still dreaming of a ranking that reflects the project’s true worth. 🌟

For now, it’s a waiting game. Will CoinMarketCap finally give Pi Coin the recognition it craves, or will this saga continue? One thing’s for sure: Pi supporters are in it for the long haul, and they’re not backing down anytime soon! 💪

Read More

2025-03-01 12:36