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$PI Let me analyze this. This period's Pi pump intention is purely a personal feeling and not an investment opinion.
The Pi project has dragged on for too long, and acceleration in mapping will definitely happen later. At that time, selling pressure will likely be quite significant.
Currently, the support at the bottom is strong, with many buy orders at low levels, competing with the main force for chips. The main force is taking advantage of the positive news from listing on mainstream exchanges and Pi Day to execute a big pump. Many people mistakenly believe the bottom is over and cancel their orders to chase higher prices, increasing retail costs. The main force then seizes the opportunity to dump and wash out the market, returning to buy more at the bottom, which allows them to clear floating chips, absorb the selling pressure from mapping, and accumulate enough cheap chips.
With a total supply of 100 billion, 14.9 billion mapped, and 9.7 billion in circulation, currently at 10% circulation. Will the future increase in circulating supply dilute the current price? Won't the main force's bull market pump dilute their own profits?