One more thing, in Florida, USA, there are already car dealers accepting payments in pi for purchasing cars.

π Coin Core Data Revealed! Will it Crash Upon Launch?

π core data has recently come to light, with circulation surging over 60%! This has garnered widespread attention. According to statistics, the total supply of π has reached 9.294 billion coins, while the circulating supply has exceeded 6.041 billion coins, accounting for as much as 65%. After nearly six years, π has reached a historic moment, recently announcing that the mainnet will officially launch on major exchanges on February 20. Since its inception, π has been filled with controversy, featuring various tactics and lofty slogans like 'One Coin, One Model' and 'King of Pyramid Schemes', which has led to countless believers in its early days.

It is reported that the total number of π users has reached 60 million, with 19 million users having completed real-name verification, and the number of users migrating to the mainnet has also exceeded 10 million. Compared to the 7.1 million Dogecoin wallet addresses in 2024, this undoubtedly highlights the rapid development momentum of π.

In light of the rapid increase in π's circulation, whether the current market can effectively absorb this will be key in determining π's price trend after launch. If selling pressure is too heavy, π may find itself in the awkward position of peaking immediately after opening. After all, while π has a unique belief effect, market rules cannot be violated, and once selling pressure exceeds the market's capacity, the risk of a crash will significantly increase.

In the short term, monitoring liquidity is crucial. If buying interest is weak and trading volume is sluggish after opening, it would indicate limited market acceptance. At this point, we can take advantage of short-term volatility to capture arbitrage and avoid being swayed by FOMO emotions.

In the medium term, attention should be paid to the project team's and major players' ability to control the market. If they can stabilize the coin price through reasonable measures such as restricting withdrawals and regulating circulation, it may win π more breathing room.

For long-term strategies, one must weigh belief against real value. If π can steadily build a practical application ecosystem, market consensus will naturally strengthen, laying the foundation for long-term development. Relying solely on user numbers and belief marketing to support the bubble will ultimately be difficult to sustain. It is advisable to wait for the market sentiment to calm down before making a decision on whether to hold long-term.

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