尽管市值为15B美元，但PI硬币仍在CoinMarketCap上排名第201

Pi Coin最近一直处于关注的焦点，但并非出于支持者所希望的原因。即使有150亿美元的市值，它仍然排名第201

Pi Coin has been a hot topic in the crypto space lately, but not necessarily for the reasons its supporters hoped. Even with a massive $15 billion market cap, it's still ranked at #201 on CoinMarketCap (CMC).

Pi Coin最近是加密货币领域的热门话题，但不一定是出于支持者所希望的原因。即使有150亿美元的市值，在CoinMarketCap（CMC）上仍排名第201位。

Meanwhile, Hedera (HBAR), which has a smaller $9 billion market cap, is ranked much higher at #11. This disparity has left many wondering what's going on.

同时，Hedera（HBAR）的市值较小90亿美元，排名第11位。这种差距使许多人想知道发生了什么。

The main issue seems to be how CMC handles rankings, especially when considering new cryptocurrency listings.

主要问题似乎是CMC处理排名，尤其是在考虑新的加密货币清单时。

Unlike other major cryptocurrencies, Pi Coin's circulating supply was initially self-reported by the project. Since CMC usually waits for independent verification before updating rankings based on market cap, that could explain why Pi is still placed so low.

与其他主要加密货币不同，Pi Coin的循环供应最初是由该项目自我报告的。由于CMC通常在基于市值更新排名之前等待独立验证，因此可以解释为什么PI仍然放置这么低。

Until recently, Pi Coin's supply status was marked as "unverified," but CMC has now updated it to "verified." Even with this adjustment, the ranking hasn't changed, further frustrating Pi supporters.

直到最近，Pi Coin的供应状态被标记为“未验证”，但CMC现在已将其更新为“已验证”。即使进行了调整，排名也没有改变，进一步令人沮丧的PI支持者。

Crypto enthusiasts have taken to Reddit and other forums to discuss this matter at length, with many converging on the same opinion.

加密爱好者已将Reddit和其他论坛详细讨论，其中许多人都同样意见。

Several supporters of Pi argue that, purely in terms of market cap, the project deserves a place within the top 15 cryptocurrencies. They believe that it would make it far more noticeable, bring more investors in, and perhaps even help raise the token’s price.

PI的几个支持者认为，纯粹是从市值角度来看，该项目应在前15名加密货币中占有一席之地。他们认为，这会使它更加引人注目，带来更多的投资者，甚至可能有助于提高令牌的价格。

After Pi Network finally launched its long-awaited mainnet on February 20, this dispute picked up a lot of overseas attention. Following the launch, Pi Coin was listed on major exchanges like Bitget, OKX, and Gate.io. The excitement caused a quick 30% price surge within an hour. However, the rally was short-lived. By the next day, the price had dropped significantly, showcasing just how unpredictable new token listings can be.

在Pi Network最终于2月20日推出了期待已久的Mainnet之后，这一争端引起了很多海外关注。发布后，Pi Coin被列在Bitget，Okx和Gate.io等主要交易所中。兴奋导致一小时内的30％价格上涨。但是，集会是短暂的。到第二天，价格已经大幅下降，展示了新的代币清单的不可预测。

Now that CoinMarketCap has verified Pi Coin's market cap, the big question is, why hasn't the ranking been updated accordingly? Some believe CMC is playing it safe because of Pi's self-reported supply, while others argue there's no reason for the delay, especially after new tokens like PEPE and STX saw rapid adjustments in their ranking on CMC.

现在，CoinMarketCap验证了Pi Coin的市值，最大的问题是，为什么没有相应地更新排名？有些人认为，由于PI的自我报告的供应，CMC正在安全地发挥作用，而另一些人则认为没有理由延迟，尤其是在像Pepe和STX这样的新令牌之后，他们对CMC的排名进行了快速调整。

It is still the dream of many Pioneers to adjust the ranking so that it corresponds with the project's actual worth. At the moment, it is a waiting game. Will CoinMarketCap ultimately update Pi Coin's ranking, or will this controversy continue? One thing is clear, supporters of Pi are not giving up now or ever.

调整排名以使其与项目的实际价值相对应，这仍然是许多开拓者的梦想。目前，这是一个等待游戏。 CoinMarketCap最终会更新Pi Coin的排名，还是会继续进行这一争议？一件事是清楚的，PI的支持者现在或以往任何时候都没有放弃。