#MKR & PYTH 上涨 #PI There is a topic that must be clarified about the Pi coin launched yesterday.


Of course, to be honest, it is not as disappointing as I expected, this is for credibility
100 billion Pi coins
A very large number, the price of which cannot exceed the price reached at the opening, for the following reasons.
The first reason is that the project will take about 6 years to complete, so a large amount of mining has been done.
Its price rise is very difficult
The second reason is that mining is still ongoing, and most miners have not yet transferred their coins due to choosing a longer lock-up period.
Still holding coins and pursuing impossible dreams, believing that the price could reach 314,000 is unbelievably foolish.
And if it is introduced to the market, its price will plummet sharply.
To dispel the dreams and heresies of prices soaring to hundreds of thousands, I will clarify some key points
Before clarification, I mentioned that it could drop to a price range of 50 to 75.
Of course, according to some leaked information, all currencies only have 10 billion, but yesterday I was surprised, this number is 100 billion.
Now let's calculate together.
How much liquidity is needed for the currency price to reach $10?
We need USD, considering that the total market value of all cryptocurrencies, all currencies has reached a peak of about 35 trillion USD, including 20 trillion USD of Bitcoin, and an additional 15 trillion USD of Ethereum.
Therefore, it is not possible to reach $10 in the next two years, but it may be higher.
As for the person who told you to hold onto your coins because the dream is to reach $314,000, either he is crazy or he is naive and does not understand the meaning of this number.
Let's see how much liquidity we need to reach this number.
We have 100 billion coins, multiply them by 314,000.
The result is about 31.4 quadrillion US dollars.
This means US dollar.
The global GDP has reached 105 trillion US dollars.
Therefore, I believe they are asking to maintain the supply of currency in order to reduce the supply, preventing its price from collapsing and turning into many zeros.
For your reference, the content provided yesterday did not exceed 1 billion coins.
631.5 million coins in the past 24 hours.
Imagine that if all mined coins were supplied, 100 billion US dollars would become 0.004.
So, frankly, this disappoints me.
I suggest those who have no mining experience not to overwork.
Because if they proceed according to plan, they will not be able to mine one coin per week.
Daily average mining 0.10
I want to clarify this point so that you don't have too high hopes and think it will rise sharply.
For those who return before the decision deadline, you can choose to hold or sell, the decision is in your hands.
So mining is also
Our long-haired master must wait until the date
#tweet BTC##ETH #GT
PYTH3,19%
PI0,43%
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GateUser-39be66a6vip
· 02-22 10:34
Do not discuss the search terms on deepseek in the crypto world, and this pi is different from traditional Cryptocurrency.
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