The Truth About Pi Coin! Circulation Soars by 60%, Future Direction Remains a Mystery 🙄🙄
Recent data on Pi Coin is astonishing, with a circulation increase of over 60%.
Currently, the total amount is 9.294 billion coins, with a circulation of 6.041 billion coins, accounting for 65%.
Over the past six years, Pi Coin has faced continuous controversy, with terms like "one coin one model" and "king of pyramid schemes" frequently mentioned, yet it still has many supporters.
It is reported that Pi Coin will be listed on exchanges on February 20. Its user base is vast.
The total number of users has reached 60 million, with real-name authentication at 19 million.
Over 10 million have migrated to the mainnet, showing strong momentum, far exceeding Dogecoin.
However, with the surge in circulation, the market's absorption capacity is in question.
If too many are sold off, the market may struggle to absorb, and Pi Coin may peak immediately upon opening.
Belief cannot overcome market rules; excessive selling pressure increases the risk of a crash.
Short-term: Focus on liquidity.
If there is insufficient buying and low trading volume after opening, it indicates low market acceptance.
You can take advantage of short-term volatility for profit, but don’t let “fear of missing out” dictate your actions.
Mid-term: Watch the project party and major players.
If the project party and major players can stabilize the coin price by restricting withdrawals
and controlling circulation, Pi Coin may continue.
Long-term: Focus on practical applications.
If Pi Coin can be applied practically and enhance market consensus,
it has the potential for long-term development.
Simply relying on a large user base and belief marketing will ultimately lead to a bubble burst.
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