ErnestAcademy
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Bullish
Pi Network holding above $1 despite the current market conditions defiles what many OGs know about Crypto.
Below are few reasons Pi above one dollar seems like a miracle:
1. Maximum Supply is very high, 100 billion with about 8 billion currently in circulation. Coins with such high supply finds it to stabilise in volatile market.
2. Token are getting unlocked to pioneers almost in daily basis, we all know what saturation does to the market.
3. No known or clear utility/use case despite building for a whole 6 years and some months.
4. Crypto market isn't what it used to be few years ago, Memecoins are now sucking market liquidities.
5. Pi Network community are mostly made up of crypto novice with little or no funds.
What do you think about Pi coin future?
#pi
Below are few reasons Pi above one dollar seems like a miracle:
1. Maximum Supply is very high, 100 billion with about 8 billion currently in circulation. Coins with such high supply finds it to stabilise in volatile market.
2. Token are getting unlocked to pioneers almost in daily basis, we all know what saturation does to the market.
3. No known or clear utility/use case despite building for a whole 6 years and some months.
4. Crypto market isn't what it used to be few years ago, Memecoins are now sucking market liquidities.
5. Pi Network community are mostly made up of crypto novice with little or no funds.
What do you think about Pi coin future?
#pi
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