Pi Coin’s Doom? 😱

by

Ah, Pi Coin! From the lofty heights of mobile mining to the chaotic bazaar of exchange listings, it has embarked on a most… *interesting* journey. A journey, it seems, straight into the abyss of declining prices. And the reasons, my dear reader, are about as subtle as a sledgehammer to the skull. 🤕

Much of this profound analysis is thanks to the perspicacity of one Dr_Altocin on that infernal bird-site, X. A man who, I suspect, spends more time watching Pi Coin’s gyrations than attending to his own well-being. Such dedication! Or perhaps madness? 🤔 Based on insights shared by Pi enthusiast Dr_Altocin on X, who has been closely tracking the coin’s price action and circulating supply trends.

Why Is Pi Coin Plummeting Like a Lead Balloon?

The culprit, as always, is that most vulgar of economic realities: oversupply. The numbers, when examined with a suitably jaundiced eye, tell a tale of woe:

  • A staggering 6.8 million Pi coins unleashed upon the world each day, like a swarm of locusts descending upon a wheat field. Most of these hapless coins are promptly herded towards the ravenous maws of centralized exchanges (CEXs) such as BitMart and HTX. 💸
  • Consequently, the circulating supply on these CEXs has swelled from a paltry 354 million to a positively obscene 368 million in the blink of an eye. Or, as economists say, “a few days.” 🙄
  • In total, the circulating supply has now bloated to a monstrous 6.88 billion coins. One can almost hear the cries of the poor, diluted Pi! 😭

This deluge of supply, alas, has not been met with a corresponding flood of demand. Imagine, if you will, a bathtub overflowing while the tap runs at full blast. The result? A soggy mess and a very unhappy homeowner. Similarly, Pi’s price continues to hemorrhage, and Dr_Altocin (our devoted, if slightly unhinged, observer) predicts it may plummet to a mere $0.30 or even lower. A tragedy! A farce! A… well, you get the idea. 🤡

Why is the price of Pi falling?

1. On average, 6.8 million Pi coins are being unlocked daily, with most of them heading straight to CEXs.

2. As a result, the available circulating supply on CEXs has increased from 354 million Pi to 368 million Pi in just a few days.

3. The…

— Dr Altcoin (@Dr_Picoin)

But fear not, dear comrades! For even in the darkest pit of despair, a glimmer of hope may yet flicker. (Or perhaps it’s just a hallucination brought on by excessive Pi Coin speculation?) 🤔

How to Stop Pi’s Downward Spiral (Maybe!)

Despite the decidedly grim prognosis, there exist (in theory, at least) opportunities to staunch the bleeding and perhaps even… *gasp*… reverse the course! These, however, require actions of near-Herculean proportions:

1. More KYB-Approved Exchanges (Because Bureaucracy is Always the Answer!)

Expanding access to Pi is, apparently, crucial. Because if there’s one thing the world needs, it’s more ways to buy Pi Coin! While some exchanges have already embraced the Pi, their reach is limited in those oh-so-important markets like the U.S., China, and Europe. Gaining KYB (Know Your Business) approval for more CEXs, or broadening the regional access of current ones, could open the floodgates to millions of new users. Whether they’ll actually *buy* any Pi is, of course, another matter entirely. 🤷

2. Let the Institutional Titans Play!

Ah, the dream of institutional buyers! Imagine BANXA, that titan of financial wizardry, swooping in to gobble up 100 million Pi directly from the exchanges. Such a strategic maneuver! Such a bold statement! It would, undoubtedly, provide the price with much-needed “breathing room.” Or, at the very least, postpone the inevitable collapse by a few weeks. 😈

3. The Pi Core Team Must… Do Something! (Anything!)

Perhaps the most critical factor of all is the Pi Core Team itself. A major product launch, an integration with mainstream platforms, a roadmap milestone of epic proportions… any of these could, in theory, shift the demand curve. Right now, the community waits with bated breath, hoping for a miracle. And if the Core Team delivers something truly spectacular, it could reignite investor confidence and spark a reversal. Or, more likely, it will launch another round of breathless speculation followed by crushing disappointment. But one must dream, no? 😇

The Inevitable Question: When Will This End?

According to Dr_Altocin (he of the tireless Pi Coin observation), the current rate of Pi unlocking cannot continue forever. By late August 2025, we may witness a decline in the number of newly unleashed Pi, reducing the daily sell pressure. This, combined with one of the aforementioned “demand-side solutions,” could pave the way for a… *dare I say it*… rebound. But until then, dear reader, prepare for a bumpy ride. And perhaps invest in a good bottle of vodka. You’ll need it. 🍸

Read More

2025-04-19 15:53