Memorial post: Pi coin officially starts to dominate the charts, sprinting towards the short-term goal of 10u
Many people have misunderstandings about Pi, the total amount is too large, there are too many fools, and no one takes it
If you really believe it, you will be fooled by the short sellers. Read my analysis and you will know why Pi coin will reach 10U👇🧵
Bitcoin has been launched since 2009, and it has increased 10,000 times by 2025. It is legendary, but the glory is gradually fading. Now, $Pi is shining on the stage - the future crypto star
Real pi friends believe that $Pi coin has a bright future. The first one to be slaughtered is $pepe.
📌K-line: 4h arc bottom + sharp rise after consolidation, 0.8 trading volume continues to expand, obviously there is a large amount of capital entering the market to push it up, and the traces of the dealer are obvious.
📌Total amount: 100 billion is not fully circulated. In fact, only 6 billion have been migrated to the main network, and 4.5 billion of them are still locked, so only 1.5 billion are in circulation. Only 200 million rushed into the exchange when it was first launched, and it is estimated that it is less than 1 billion now.
From the market value point of view, according to the current 3U calculation, the total market value is 3 × 15 = 4.5 billion US dollars (4.5B). Looking back at the new projects such as IP and Kaito that have been launched recently, which market value is not higher than Pi? What about the user scale of these VC coins? It is just a data packaging of just a few months. Kaito and IP claim to have millions of users, but can the quality of this user be compared with Pi?
After seven years of technological accumulation, Pi has nearly 100 million users worldwide and a huge group of believers. Some people say that when you don't believe in Pi, it looks like a scam; but when you really understand Pi, you will find that it is a project led by the Stanford team, and the infrastructure has already been put in place, just waiting to be detonated. When mainstream exchanges such as Binance really open up trading, Pi will no longer be the current price. Will you choose to be a bystander, or ambush in advance and witness history?
The above is just a joke and is not an investment advice
#PI# This coin has been highly controlled; the project team and market makers indeed want to cut a big batch of retail investors. Initially, they intended to drive the price to a very high position, but unfortunately faced enormous selling pressure at the 2 yuan level, which included those they referred to as pioneers. How many coins do ordinary users have? The price fell all the way down to around 60 cents, as everyone’s counterpart was the market makers, who had no choice but to pick up a large number of chips at 60 cents. They don’t want it to end like this; 2 dollars is too little, the harvest is not enough, contrary to the costs they paid to get listed. They had no choice but to mobilize the community to prevent the pioneers from selling, while also urging all platforms to hold on. I must say this method is very effective; their brainwashing instigation has made everyone stop selling, so the price has risen. In fact, it’s just them swapping hands with themselves. Think about it: all the coins fell yesterday, and this one rose strongly. This goes against market rules. This coin is likely to continue rising because the community is very strong and acts in unison. It could go up to 10 or even 100. Anyway, it’s all about swapping hands with themselves, and when the time is right, it will be the moment to wield the sickle. The community members are united, waiting for instructions. Is this a form of price manipulation? No wonder they have a PhD in sociology. Not afraid of scholars meeting soldiers, but afraid that a PhD can brainwash. I just want to ask, who do you want to pass the buck to?
What are you doing here? You come in and start crashing the market.
Binance Square Official
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The Pi project has indeed attracted a lot of attention since 2019. It claims to allow mining using just a mobile phone and employs a Stellar Consensus Mechanism, which is more energy-efficient than traditional mining.
However, after all these years, it has continually postponed the launch of its mainnet.
Now it's saying that it will officially open on February 20, 2025, but who knows if that's reliable. Although there are over 50 million users globally, with more than 18 million having completed KYC verification, there are even merchants in Taiwan accepting Pi payments.
But with a total supply of 100 billion, if we estimate it at 1 dollar, that gives it a market value of 100 billion dollars, which is indeed a bit scary.
The key will be the performance after the opening on February 20, whether it can get listed on mainstream exchanges, whether the price can stabilize, and whether the ecosystem can develop.
Currently, there are only 80 applications, which is still quite weak.
My suggestion is to maintain a rational perspective on this project, not to be too radical, and also not to dismiss it outright.
After all, blockchain is fundamentally about allowing more ordinary people to participate; it just depends on whether Pi can truly get this right.
After all, nothing in this circle is new, right? 😂
Today's focus: Incentiv testnet pre-registration is open! The L1 public chain with $26 million in financing has unlimited potential! Just fill in your email address to experience it first: Link #币安HODLer空投LAYER $BTC
Don't say that V God wants to exit the crypto world, I want to exit too. I was living very well in reality, with a house, a car, and a stable job, but this scam circle has almost driven me to depression. It’s no longer just a matter of not making money; this circle is really terrible. I haven’t seen any trace of humanity's true goodness and beauty; it’s simply concentrated the ugliness of human nature. The president's family manipulating the market has completely shattered my psychological bottom line. #非农就业数据来袭
Yesterday at KTV, a friend ordered a princess, and while chatting, she mentioned that she used to do business in Hainan and was once quite well-off.
Later, she got into cryptocurrency, lost over 3 million, and came back to be a princess. When I talked to her, I found out she was playing with CX platforms, the kind that are promoted on the ground, saying she invested 750,000 and made 108 times in three days, but signed an agreement that doesn’t allow selling.
I took a glance at the software she downloaded, and they were all non-mainstream exchanges like TP wallet and Hotcoin. I didn’t expect so many people in the country to be promoting cryptocurrency; how many people must go bankrupt? This is just too Debby. 😂
I bought a pancake for 4000U and got a bunch of garbage in return
主与我同在
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Looking back, it's really funny. If it's destined, it will come. If it's not destined, don't force it. Time is destiny. I bought OM for 138,000 yuan in January and February last year. The average price was RMB 1.99, nearly 70,000. Not to mention holding it until now, even if I hold it for a few months, it will be worth millions. But I exchanged it for a bunch of garbage, and kept holding it. It didn't increase in a year, but the principal was almost lost. Now there is a real bull market, which means that it will increase several times to make up for the investment.