#PiCoreTeam announced 20th Feb as launch for #pi , a massive pull back of money is being observed since then. #CryptoInfluencer are predicting an opening above 350$ and touching sky high. some have excitedly predicted above 1k which seems achievable keeping in eyes some key factors.
here are some solid reason for a quick hike in pi rate l.
more than 90% of mined pi are locked untill 2027. in absence of billions of those pi a hike in price is on the door.
at least 20% of pi miners are unaware of crypto market and they did not know how to encash pi and where to transfer mined pis.
upto 5% of pi user have left pi app years ago and they did not even know there pi wallet passpharas.
any rate below 1-10 $ will push pioners to hold there pi untill a good rate is offered that will release sell pressure . no onw would like to sell 5 years of struggle in cents.
big whales are feeling value of pi now, they will be looking to grabe as manay pi as possible at the earliest , that will boost its price.
mined pis wont be available for sale on 1st day, that will not only release selling pressure but it will also incourage pioners to hold there pi for future
what do you suggest #PiCoinRate ?
tell us in comment 🎁