This is the bloody storm of the crypto world. It's not that the old suckers haven't experienced this; the capital game pulls the plug and uses long wick candles. How many people drop to zero overnight? Both long and short contracts blow up. To all the big shots standing on the rooftop, take care of your health. Money can be made again!
#BTC#

PI will become a true public chain with a prosperous application ecosystem like Ethereum, rather than just a symbol for speculation. This requires strong technology, a developer community, and practical applications. After the Mainnet launch, if the price can be maintained at a certain level, early participants will be able to profit. This depends on the supply and demand relationship, that is, how many people are willing to purchase Pi coin with real money.
#GT#

Any cryptocurrency project with a large user base will attract the attention of global regulatory agencies. If classified as a security or involved in illegal financing, it will face serious legal risks. PI has not been fully open source yet!
#GT#

PI coin is a social experiment, and its success depends on the interplay of countless complex factors such as technology, economic models, community consensus, market environment, and regulatory policies. It has the potential for success, but the risks and challenges it faces are extremely significant.
#GT#

PI does not follow the traditional crypto world path, do not care about the price fluctuations on the exchange, in the future you will know that the PI in your hands is the true digital gold, never easily sell your PI!
#GT#

One of the founders of PI, Dr. Fan
It is very clear that no individuals or communities have been authorized in the China region, so anyone claiming to be associated with the project is a scammer!
#GT

There are currently many so-called internal transaction groups or futures trading regarding PI, claiming to acquire your Pi coin. This is highly likely to be eyewash; they will deceive you into providing your account information, fees, or engage in other fraudulent activities. Please stay away.
#GT

The PI project has not officially announced failure, but it has fallen into a serious stagnation. Due to the inability to trade freely, its claimed market capitalization of hundreds of billions of dollars is completely "on paper wealth." For outsiders, it has long lost its heat and credibility. Therefore, saying it is "doomed" is a very realistic judgment. It is recommended to shift attention to blockchain projects with more actual progress and technological value.

The PI project started in 2019 and it has been more than five years. During this period, the official team has outlined a grand blueprint, but the key timeline for the launch of the Mainnet has been delayed repeatedly, leading to a gradual loss of confidence in the community. Many early participants have lost their patience and interest.
#GT

PI has over 35 million 'pioneers' (users), the vast majority of which were obtained through zero-cost Mining. Once the Token is open source, it can be traded more freely (for example, on more exchanges), and there will inevitably be a massive number of users choosing to sell for cashing out, in order to realize profits from 'free riding'.
#GT

PI must either successfully establish a vibrant ecosystem, becoming a true Web3 application platform, with the price finding solid support and rising in the long term; or the ecosystem fails, gradually being forgotten, and the Token drops to zero.
· This entirely depends on the operational capabilities of the project team after open-sourcing, the ability to build a community, and the ecological incentive measures.
#GT

In the crypto assets market, when a long-anticipated favourable information event (such as the Mainnet launch or Open Source) actually occurs, the price tends to fall instead. This is because many investors have already bought in based on expectations, and once the event materializes, they will take profits.
#GT

Another round of whipsaw, it's all red. How many people can hold on without getting out of positions? Now, whatever you buy, you're trapped. Swapping back and forth leads to even worse losses. It's still best to hold and not cut loss; at worst, just clear out!
#GT

Brothers, what do you think about this long wick candle? Have you all bought the dip? It might be the last chance to enter a position for PI. Once PI is open source, there won't be such cheap chips anymore. Those pioneers who mined less should still buy a bit, as there will be unexpected surprises in the future!
#GT

If you hold Pi, consider formulating a reasonable take profit and stop loss strategy. If you have not yet gotten on board, the huge fluctuations after the Open Source may pose a very high risk, so you need to be extremely cautious. The price will not be very high for the time being!
#GT

PI Open Source only provides the tools for construction but does not guarantee the success of the ecosystem. If developer interest is low and high-quality applications do not emerge for a long time, the Pi network will become a chain that has tokens but is of no use.
#GT

If PI quickly presents a batch of valuable and interesting applications (such as Decentralized Finance, NFT, games, payment tools), the practical value of Pi will greatly increase, thereby supporting its price. The long-term value of Crypto Assets ultimately depends on their usefulness. Looking forward to that day!
#GT

The short-term price fluctuations of PI are noise. The ultimate fate of PI depends on whether it can build real value after being Open Source.
The future path, whether it leads to becoming a deity or returning to zero, will be determined by the quality of the code, community building, and market choices.
#GT

The short-term price fluctuations of PI are noise. The ultimate fate of PI depends on whether it can build real value after going Open Source, with a focus on what applications have emerged on the Pi network and whether these applications are being used.
#GT

If the code released by PI shows that its blockchain technology is solid, the consensus mechanism (such as a variant of the so-called "Stellar Consensus Protocol") is innovative and secure, and the ecological architecture is clear, it will attract a large number of developers, technology enthusiasts, and the respect and attention of the crypto assets community.
#GT