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Pi currency is going to drop to zero!📈
After six years of long waiting, Pi currency finally successfully launched on the exchange. However, the reality is quite different from the expectations of many. At this moment, six years of effort seems to have only condensed into five words: "hahahaha".📈
For many uncles and aunts who are looking forward to the wealth brought by Pi coin, their dreams seem to be shattered in an instant. The group chat becomes quiet, as if waking up from a big dream, while the music of square dancing is still playing, and life seems to remain unchanged because of the launch of Pi coin.📈
The originally planned Rolls-Royce luxury car can only be unsubscribed, and dreams of luxury homes, yachts, Romanee-Conti, and other luxury goods also disappear. The price of Pi coin is far from the expected $314 per coin, currently trading at around $1.2, a staggering difference of 160 times!📈
Faced with such a reality, many people are starting to think: how should we explain this time? Should we let the bullets fly a little longer, or choose self-reconciliation, after all, zero-drop (zero-cost acquisition) doesn't seem to have any loss either?📈
However, reality is cruel. The essence of Pi coin's mainnet is coins, the essence of coins is trading, and the purpose of trading is to make money. Currently, the vast majority of zero-output Pi coins have not been mapped, with an estimated circulation of only one-thousandth. The massive release in the later period will bring tremendous pressure to the queue for dumping. The project team holds a large number of chips in their hands, able to freely decide who to map to and when to dump.📈
However, Pi coin has indeed achieved a considerable volume in the zero-drop project and has many loyal fans. However, the market is not as simple as imagined, and institutions will not easily take over the leeks. By the time ordinary users can map, the price may have dropped to below $1, and the dream of a Rolls-Royce may ultimately only become a bicycle.📈
Finally, I hope that uncles and aunts can rationally view the cryptocurrency market and not get too excited. Understand the underlying logic of the coin circle, realize that the total supply of Pi coins of 100 billion may continue to drop, and may even face the dilemma of being unable to sell. The risks and opportunities coexist in the cryptocurrency market, and rational investment is the key to long-term success.📈#PiNetwork $PI, #KAITO Listing #SOL Price Analysis