The launch of Pi has plummeted! After six years of wealth dreams, why has it only resulted in a wry smile?
After six years of waiting, Pi coin has finally been listed on exchanges, but the outcome has been disappointing. Investors who originally hoped for 'financial freedom' can only smile wryly in the face of a coin price of $1 (far below the expected $314).
For many users who earned Pi through no investment, Pi coin has not brought luxury cars, mansions, or yachts, but has instead exposed the cruel logic of the crypto market:
1. Circulation issues: The current circulation is only one-thousandth of the estimated total, and the future massive release will lead to huge selling pressure.
2. Manipulation by the project team: The project team controls a large number of chips, dictating the rhythm of both the market and dumping, leaving ordinary users in a passive position.
3. Market indifference: Institutions will not easily take over at high valuations, and by the time ordinary users can trade, the price may have fallen below $1.
The current state of Pi coin reminds us that the risks in the crypto market cannot be ignored:
Underlying logic: With a total supply of 100 billion Pi coins, it is destined to face a situation of oversupply, with a high possibility of prolonged declines and even an inability to sell in the long term.
Investment advice: Do not blindly chase after 'free lunches', but rationally assess the actual value of the project and its market prospects.
Ultimately, the story of Pi coin may just be another lesson in market education: the crypto world is full of opportunities, but it also requires clear awareness and cautious decision-making.