#pi finally sees a normal person. Some sc always talk about how much mapping, without looking at how much is currently circulating (1.8 billion). Now, just considering the current circulation of 2 billion, at the current price of 0.57 per coin, its actual market value is only about 1.1 billion USD, and the displayed 4 billion is seriously overvalued. This is a tactic of the market makers, a form of false advertising. In fact, according to the current mapping volume, even reaching 10 USD per coin is not high.

At its peak, the daily trading volume of Pi was over 1 billion USD, but in the last couple of days, the lowest daily trading volume was only over 10 million USD, which is only 1% of its peak period. With such a low market value and still dropping, the less trading volume it has, the more it falls. This is completely the market makers intentionally crashing the price.

The current total market value is only 1 billion USD, while the core of mobile mining has over 700 million USD, but the number of Pi users and this level of popularity is not comparable to core. This is entirely these market makers intentionally driving down the price.

A couple of days ago, there was a very strange piece of data. One day, the daily trading volume of just Pi was over 1 billion USD, which means that the circulating coin amount on that day was about 3 billion. However, not long ago, the true mapping amount that could actually circulate was less than 1.7 billion Pi, and many of them were not even on exchanges. Yet the trading volume was so high; isn't this market makers intentionally trading left hand to right hand? What are they doing? Deliberately creating a false impression, with a long upward wick, and a significant selling pressure above, for retail investors to see.

Now many people are worried that Pi has not fully opened source or that the monthly mapping amount is large. But against such a large traffic and user base, these are small issues. A casual meme coin can have a market value of over 10 billion, while Pi's current market value is only 1 billion. Just consider it as a meme; it is not just this market value. Take Dogecoin and Shitcoin, Pepe, etc., most of them have market values in the billions. Is Pi not better than them? Right now, the market makers are deliberately seizing chips from retail investors. For these capital market makers, after six years, they have no goods in hand, and now they are suppressing and seizing from retail investors.