Ok, finaly green candles are slowly starting to emerge as expected.15 mins and hourly charts are showing signs of consolidation flatlining meaning that people who were willing to sell are out of equation and #pi# is ready for inflow of fresh, new and healthy investments.

Since back in 2019 real (actual) #PI# network coin was still in development, in november 2019 PI (IOU) entered the markets with price of only 0.055$ per coin and after few months its price jumped to staggering 307.49$. Now after PI listing and opening the mainnet, people around are posting lots of theories regarding marketcap, circulating supply, total supply of coins, number of locked coins and etc. that are not facts.

Some of reasons for them to do so is price manipulation (short/long positioning), emotional fudding (spreading  theories causing excessive negativity), personal disappointment with opening price or just forwarding of false informations with no actual data background with only intention to promote themselves. So dont be a victim, do your own research and make your own decisions based on your own conclusions.

Stay strong and good luck!

$PI #pinetwork #pi