#PI plus the project party's coin, a total of over 12 billion is mapped, while the exchange has only 400 million PI coins. No matter how much is unlocked daily, it has remained 400 million PI coins for months, among which over 10 million are not in wallets in the Chinese region on Gate. This indicates that there are not many sellers with PI below $3. Such a high Consensus and such a low proportion of exchange inventory has only occurred with BTC and ETH. Whales can only suppress by borrowing coins temporarily, not permanently. From the project's progress, it won't give market makers much time. For small investors, the decline over the past few months has been a small test because most who are trapped won't sell. The upcoming rise or Sideways movement will be the ultimate test, seeing if you can hold on and how high you can go!

PI-2.51%

BTC-2.24%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

5 Likes

Reward
5
10
Repost
Share

Comment

0/400

星星火燎原

· 10-18 01:19

#PI#Many people are placing buy orders from 0.15 to 0.18, and the adjustment Depth is sufficient. In the past few days, Whale borrowing coins has been too afraid to dump anymore and will slowly buy coins to return them. Once the price confirms that it will no longer fall, funds in the crypto world will sniff out the opportunity, like a hungry tiger pouncing on its prey. Then the borrowing Whale will have to compete with the funds for chips. As long as PI friends hold steady and don’t sell, a significant pump is just around the corner. At the same time, the opportunity to accumulate coins at a low level is just a few days. Coins with a strong community foundation rarely experience Sideways markets; they always scatter during a fall and surge during a rise. Ether and Solana are no exception—just check the Candlestick charts. Once the fall stops, there will be a rapid Rebound and rise, because funds chase profits and can’t wait!!! PI friends are just sitting and watching the show!!!

View OriginalReply0

王二爷拳打意淫猪

· 10-14 01:46

You wouldn't really be naive enough to think that the so-called bullshit consensus determines the price, right? The price is determined by the order book buy and sell orders.

View OriginalReply0

GoldenAutumn78

· 10-14 01:40

Hmm, the actual coins in circulation are very few, with over seventy percent of the old pioneer miners having a lock-up position of one hundred percent or ninety percent.

View OriginalReply1

82828

· 10-14 01:40

There were originally not many people selling, and the prices were all brought down by market makers.

View OriginalReply0

PIXiaonan

· 10-14 01:29

I guess there will be another low point appearing, right?

View OriginalReply1

NikolaRareVegetableFo

· 10-14 01:29

What a fool. That card is mapped. Try if the Chinese region card works or not.