#pi I see many people don't understand: why are the weekly and daily minute charts showing positive growth, but the coin price is still dropping?


Because of the release and unlocking, the total amount of coins in the pool has increased, the newly unlocked coins have gone to the exchange, total assets remain unchanged, total coin volume has increased, and the average price per coin has decreased. Moreover, the current coin volume on the exchange isn't much, only over a billion. When hundreds of billions or even trillions come in, it will really be a big deal.
PI-0.26%
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GateUser-e2b859ac
· 1h ago
Steadfast HODL💎
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ATreeInNanyuan
· 2h ago
It's all retail investors selling; you can't tell from this. This trend makes retail investors feel scared.
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GateUser-356f2265
· 2h ago
That's impressive. I see these comments are so optimistic. Relying on the current testnet's trash ecosystem, can it support the coin's price? Have they even considered how long it will take to launch later?
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GateUser-12918ea5
· 3h ago
Once the ecosystem is out, this amount of coins won't be enough for a big shot to buy.
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ALittleCuteGuy
· 3h ago
There is currently no practical-level ecosystem; think more and don't let it rust.
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GateUser-1b07ac9e
· 3h ago
The actual amount of currency in circulation isn't really that much.
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GateUser-1b07ac9e
· 3h ago
In the future, everything will flow into the ecosystem, and most of the locked positions are there. Don't think of the fourth person as so naive.
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