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$PI Five years ago, was there anyone who spent 10,000 yuan on promotion with Million Hou? Let’s chat about how you feel these days.🤣
Once locking, staking, and future ecosystem absorption are excluded, if 80% of the circulating supply is highly concentrated in the hands of 10%-20% of holders, this is often not a panic signal, but the eve of a qualitative change in the “chip” structure—we’re still nowhere near that point.
From the beginning until now, there have always been a certain group of people making a lot of noise, constantly jumping around. There’s no need to pay them any mind. Black-haters are also a component of market sentiment—their very existence indicates there’s value to be fought over here. The real exit has always been silent; while continued complaints, at their core, reflect an unwillingness to accept one’s holding costs—under this mindset, the transfer of chips is only a matter of time.
All projects are cyclical in their development. In every round of the cycle, the pioneers must go first and lay the groundwork with chips. The early volatility is the touchstone: those who can’t last, thank them for contributing liquidity; those who can hold their ground, time will give them a response. The above is only my personal reasoning—welcome rational discussion, and let the market validate it.