I see a faction of people fudding #pi these days, and it's clear that most of them have never surfed across the waves of any crypto coin.
Look at the four images below and try to guess which coin is it? Majority of the people were calling this coin another "pump and dump" scheme when it dropped from $3 to $1.07 in span of a month in 2020. Then this coin went on to establish its own ecosystem, addressed a few pressing concerns, and today, it has become a household name called Solana. And hell, in 2022, it dropped from $250+ to $7.5 again, before reclaiming its ATH last month.
This process wasn't overnight. Ecosystems aren't built overnight. If a crypto does a 10X in one day, that doesn't necessarily signal potential. In most cases, it's a rugpull waiting to be happened. In that respect, #picoin has been way more stable than most cryptos, even if it's down from $3 to $1.15.
If you believe the Pi will establish its ecosystem, give it time. Its whitepaper is promising, and if the plans are implemented the right way, who knows #PiNetwork will hit IOU levels in two years.
If you're interested in Pi, I found another early-stage mobile-mining project called "Delta". It's built on the ICP protocol and is backed by Dfinity. You can download the apk from the website "delta.kim" (Just Google search "delta.kim"). Use my referral DID: D9C1NK1C7H0C4 for a 33% mining boost. They currently have over 130K users (70K achieved in last week alone).
