JustinBons
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Dear Pi community 👨👨👧👧 , The founder and ceo of cyber capital Justin bones seven 7️⃣ allegations 😲 on Pi crypto. please pi community 👨👨👦 answer this seven allegations to Justin bone👇
1. Allegation:
“Pi is a scam because it’s an MLM-based mobile mining model that doesn’t contribute to consensus mechanisms.”
2. Allegation: “Claims of decentralization are misleading since the network remains highly centralized, with a 5-year main net delay and no major innovations.”
3.Allegation: “Pi’s core tech is just a copy of Stellar, making it neither scalable nor programmable due to its lack of a Turing-complete virtual machine.”
4. Allegation: “Pi’s referral-based system is just a way to lure in uninformed investors
5. Allegation: “Locking Pi to increase mining rates resembles a Ponzi scheme, trapping users while insiders cash out.”
6. Allegation: “No transparency about internal token allocation—some claim it’s as high as 20%, which is hypocritical for a KYC-enforced network.”
7. Allegation: “Pi is a worse version of MLM and Ponzi schemes, using an infinite token supply to enrich insiders.”
#pi
#crypto
#JustinBons
#Binance
#MarketCryptoInsights
$BNB
1. Allegation:
“Pi is a scam because it’s an MLM-based mobile mining model that doesn’t contribute to consensus mechanisms.”
2. Allegation: “Claims of decentralization are misleading since the network remains highly centralized, with a 5-year main net delay and no major innovations.”
3.Allegation: “Pi’s core tech is just a copy of Stellar, making it neither scalable nor programmable due to its lack of a Turing-complete virtual machine.”
4. Allegation: “Pi’s referral-based system is just a way to lure in uninformed investors
5. Allegation: “Locking Pi to increase mining rates resembles a Ponzi scheme, trapping users while insiders cash out.”
6. Allegation: “No transparency about internal token allocation—some claim it’s as high as 20%, which is hypocritical for a KYC-enforced network.”
7. Allegation: “Pi is a worse version of MLM and Ponzi schemes, using an infinite token supply to enrich insiders.”
#pi
#crypto
#JustinBons
#Binance
#MarketCryptoInsights
$BNB
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TRON (TRX) Price Analysis: Will the Bulls Maintain Momentum Above $0.22?
TRX is currently trading at $0.2236, with strong resistance at $0.235 and key support at $0.215.
Analysts' forecasts and increased network activity indicate bullish momentum, but resistance at $0.235 must be reached for further gains.
TRON's (TRX) price continues its upward trajectory, currently trading at $0.2236, achieving a gain of 4.2% over the past twenty-four hours.
This current rise has been supported by increased TRON activity on the network, whale accumulation, and market optimism.
The market capitalization of TRON exceeds $21.2 billion, making it one of the top 10 cryptocurrencies.
TRON has dropped by approximately 3.5% over the past week and by 6% over the past month, coinciding with a broader market downturn. The stock is now approaching a key resistance area near $0.225, with a stronger barrier at $0.235 based on Fibonacci retracement levels.
If buying momentum continues, TRON may break through these levels and extend its gains. However, failure to do so could lead to a short-term correction, pushing the price towards lower support areas. Speculation is increasing about TRON's ability to maintain its current bullish trend or face another downturn.
#tron #TRX #JustinBons
$TRX
$TON
TRX is currently trading at $0.2236, with strong resistance at $0.235 and key support at $0.215.
Analysts' forecasts and increased network activity indicate bullish momentum, but resistance at $0.235 must be reached for further gains.
TRON's (TRX) price continues its upward trajectory, currently trading at $0.2236, achieving a gain of 4.2% over the past twenty-four hours.
This current rise has been supported by increased TRON activity on the network, whale accumulation, and market optimism.
The market capitalization of TRON exceeds $21.2 billion, making it one of the top 10 cryptocurrencies.
TRON has dropped by approximately 3.5% over the past week and by 6% over the past month, coinciding with a broader market downturn. The stock is now approaching a key resistance area near $0.225, with a stronger barrier at $0.235 based on Fibonacci retracement levels.
If buying momentum continues, TRON may break through these levels and extend its gains. However, failure to do so could lead to a short-term correction, pushing the price towards lower support areas. Speculation is increasing about TRON's ability to maintain its current bullish trend or face another downturn.
#tron #TRX #JustinBons
$TRX
$TON
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