Pi coin secrets revealed! Circulation volume surged by 60%, what is its future fate?
Pi coin's recent data is really shocking, the circulation volume has increased by more than 60%!
There are now more than 9.2 billion coins in total, and 6 billion are in circulation, accounting for 65%.
In the past six years, Pi coin has been controversial, and there are sayings like "one coin for a beauty" and "MLM boss" everywhere, but strangely, there are still many people who like it.
I heard that Pi coin will be listed on the exchange on February 20, and the number of users is also frightening, with a total of 60 million people, and 19 million real-name certified.
The number transferred to the main network has also exceeded 10 million, which is more powerful than Dogecoin.
But then again, the circulation volume has increased so fast, and whether the market can bear it is really a question. If there are too many people selling and the market can't take it, Pi coin may end as soon as it opens.
Beliefs are beliefs, and market laws don't lie. The greater the selling pressure, the greater the risk of collapse.
In the short term, you have to keep an eye on liquidity. If there are not many buyers after the opening and the trading volume cannot go up, it means that the market does not recognize it. At this time, you can take the opportunity to make some price difference, but don't be led away by the psychology of "fear of missing out".
In the medium term, you have to see how the project party and the main force operate. If they can stabilize the price by limiting withdrawals and controlling circulation, Pi coin may be able to hold on for a while.
In the long term, the key depends on whether Pi coin can be used in real life and make everyone really feel that it is valuable. Only in this way can it develop in the long run.
It will not last long just relying on a large number of people and faith marketing. The bubble will burst sooner or later.
As the market continues to change, we have to pay close attention to market signals and seize new entry opportunities. Like + leave a message, take you through the bull market to stand firm in the market and seize this round of big opportunities!