【Yangtze River Depth Analysis】The Pi coin, which has been mined for 6 years, is finally listed! Is it a great opportunity for getting rich or a scam of the century?

The listing of Pi Coin caused a heated discussion due to a 50% plunge. Is this project, which claims to be 'mobile zero-cost mining,' worth following?
I summarize three points to clarify the essence:
1. Six Years Layout Truth
The project party is indeed building an ecosystem, continuously updating technical modules such as wallets and nodes. However, the free mining model has led to a huge bubble, with an average hoarding of over ten thousand coins per person, and the actual circulation value is questionable.
2. Core Reasons for Sharp Decline
Mainland users are unable to complete KYC authentication, resulting in 90% of holders unable to trade. The exchange's circulating supply is less than 1% of the actual supply, making it easy for market makers to control and wash the market.
3. What should ordinary people do?
Miners have suggested holding coins and not blindly adding positions. Non-participants should enter cautiously, as the current price still contains bubbles, and the real value depends on the mainnet launch at the end of the year.
Key: The success or failure of Pi currency depends on the physical payment scenarios launched at the end of the year. If it fails to connect with real consumption, the six-year layout may become a castle in the air. #pi $BTC #PI 价格走势分析