#SpotVSFuturesStrategy

At a time when Bitcoin is experiencing strong increases and reaching record levels, it seems that the Pi Network project is facing significant difficulties and a major decline. This disparity raises questions about the future of both currencies.

Reasons for the decline of the Pi Network:

♦️Lack of liquidity and real adoption: Despite the large user base that Pi claims to have, the currency has not been widely listed on major exchanges yet (except for some partial and unofficial exchanges). This limits users' ability to trade the currency freely and makes its value unclear.

♦️Transparency issues and security concerns: Questions are raised about the project's transparency and management, along with concerns regarding the collection of users' personal data. Reports of unauthorized withdrawals of currencies from users' wallets have emerged, increasing skepticism.

♦️Lack of tangible use cases: Despite discussions about developing an ecosystem and decentralized applications, there is still a lack of real and innovative use cases that justify the currency's value or attract serious investments.

♦️"Buy the rumor and sell the news": When Pi announced initiatives such as the Pi Network Ventures investment fund, there was a short spike in the currency's price, which was quickly followed by a decline, interpreted by some as the phenomenon of "buying the rumor and selling the news" where investors sell as soon as the news becomes official.