A topic that must be clarified regarding the Pi coin that was launched yesterday

Of course, to be honest, it was not as disappointing as I expected, and this is for credibility

100 billion Pi coins

A very large number and its price cannot rise more than the price it reached at the opening for the following reasons

The first reason is that the project took about 6 years to complete, so a very large amount was mined

It is difficult for its price to rise

The second reason is that mining is still ongoing and most miners have not yet transferred their coins due to the long lock period that they chose from the beginning

There are those who still hold the coins and are pursuing the impossible dream that is being circulated that its price could reach 314,000, and this is unparalleled stupidity

And if it is offered to the market, its price will drop sharply

In order to dispel this dream and heresy that its price will rise to tens and thousands, I will clarify points

Before the clarification, I had mentioned that it could drop to a price of 50 to 75

Of course, this was according to some The leaks are that all currencies are only one billion, but I was surprised yesterday that the number is 100 billion.

Now let's calculate together.

How much liquidity do we need for the currency price to reach $10?

We need a trillion dollars, and this is very difficult, given that the market value of all digital currencies, all currencies, is at its highest peak, reaching approximately 3.5 trillion, including 2 trillion for Bitcoin, and another and a half trillion for Ethereum.

Therefore, it is impossible to reach $10 within the next two years, and it is possible more.

As for the one who tells you to keep your coins because the dream is to reach $314,000, he is either crazy or naive and does not know the meaning of this number.

Let's see how much liquidity we need to reach this number.

We have 100 billion coins, multiply them by 314 thousand.

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