#pi Before mainnet, Pi coins on the primary market—you don't need me, a coin merchant, to tell you—all came from overseas. These foreigners weren't optimistic about it, and some poor small countries sold coins just for money. Plus, local Pi merchants had people register and get certified to cash out directly, so Pi coins in China were around 1.8-2.8 RMB per coin back then. Now that it's listed on foreign exchanges, it's easier for foreigners to dump the market too. After all, faith here is just pyramid scheme brainwashing for the dragon clan. We're all foolishly holding 90-100%, most of us for three years, just greedily hoping to mine more. Of course, it's also possible that real foreigners in the crypto space will invest in this—that will definitely happen. But real crypto people abroad focus more on decentralization, total supply, and actual ecosystem applications. So everyone should be careful in case foreigners dump the market, since it's now more convenient for them to offload their holdings.

PI7.38%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-a8c4125bvip
· 6h ago
Good luck and prosperity 🧧
View OriginalReply0
GateUser-a8c4125bvip
· 6h ago
Happy New Year 🧨
View OriginalReply0
GateUser-a8c4125bvip
· 6h ago
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
SendWalkervip
· 6h ago
Your analysis makes sense. Are you going long or going short?
View OriginalReply0
View More
SendWalkervip
· 6h ago
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
GateUser-1c3327a1vip
· 6h ago
513
Reply0
  • Pin