The fake Pi Token experienced an extraordinary price increase of over 999,999%, reaching a peak value of 53,000 USD. At its highest, the token’s market cap was approximately 2.95 billion USD, showcasing immense trading activity.
Despite its meteoric rise, the token’s price collapsed by more than 90% to around 3,000 USD. This event serves as a stark reminder of the extreme volatility and risks within the cryptocurrency market.
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