Pi Network has been left behind in the ongoing crypto recovery, which has pushed Bitcoin above $93,000 and lifted the total cryptocurrency market cap to nearly $3 trillion.
Pi’s market cap has dropped from $19 billion to $4.62 billion, while its fully diluted valuation has tumbled from over $300 billion to $66 billion. However, publicly available data suggests that Pi Network’s founders, Nicolas Kokkalis and Chengdiao Fan, have become crypto billionaires.
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Pi Network has been left behind in the ongoing crypto recovery, which has pushed Bitcoin above $93,000 and lifted the total cryptocurrency market cap to nearly $3 trillion.
Pi’s market cap has dropped from $19 billion to $4.62 billion, while its fully diluted valuation has tumbled from over $300 billion to $66 billion. However, publicly available data suggests that Pi Network’s founders, Nicolas Kokkalis and Chengdiao Fan, have become crypto billionaires.