mak_digital
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PI! PI! PI! Everybody screaming is a scam.
My Honest opinion, PI is not a scam. Let me tell you why.
PI has a max supply of 100 billion and total supply of about 10 billion and it's price is around 0.7, now if you compare it with a coin like Cardano that has a max supply of 44 billion with a price of 0.7, you will see pi is actually doing well. To be sincere during the launching of pi I did not expect it to be upto a dollar but it was shocking to beat a dollar, I have seen a lot of projects like these like the hamster combat that could not beat the 0.1 dollar price but still has same max supply as pi.#cryptouniverseofficial
Now what is the stretegy behind this, the pi team know most of their holders on launching pi will be tempted to sell their coins and will cause the coin to drop so they created an idea of pi lockup to give you more mining power and many people took this option and that is why you see the circulating supply still small which causes demand to be high.
Future watch out!
- PI is still listed only in 3 platforms and not yet listed on big exchanges like Binance, if they list on Binance it may cause price surge.
- as time goes many lockups get released and they may possibly sell causing more drop of the price.
My Honest opinion, PI is not a scam. Let me tell you why.
PI has a max supply of 100 billion and total supply of about 10 billion and it's price is around 0.7, now if you compare it with a coin like Cardano that has a max supply of 44 billion with a price of 0.7, you will see pi is actually doing well. To be sincere during the launching of pi I did not expect it to be upto a dollar but it was shocking to beat a dollar, I have seen a lot of projects like these like the hamster combat that could not beat the 0.1 dollar price but still has same max supply as pi.#cryptouniverseofficial
Now what is the stretegy behind this, the pi team know most of their holders on launching pi will be tempted to sell their coins and will cause the coin to drop so they created an idea of pi lockup to give you more mining power and many people took this option and that is why you see the circulating supply still small which causes demand to be high.
Future watch out!
- PI is still listed only in 3 platforms and not yet listed on big exchanges like Binance, if they list on Binance it may cause price surge.
- as time goes many lockups get released and they may possibly sell causing more drop of the price.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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