Banky4Real
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interesting
PI SUPPLY DECLINE
As know to all, the price of PI to rise above a certain level of $31.4 is often downplayed by stating the total supply of PI coin which is 100 Billion. Those who don't believe in PI use this supply to demonstrate that, "If PI value was to rise above $31.4, it would be more than GDP of many country and of $BTC too.
But the real truth they hide is that PI mined to date is only 6% of total supply with the rest 94% yet to be mined.
With such a huge unmined supply, the total supply theory goes out of the window. Another update today as on 2nd March 2025 is that PI base mining rate has decreased by a huge margin such that an individual will have to mine for almost 40 years to mine 1000 PI coins single handedly.
This not only makes the supply low, but also makes the Coin very scare thus leading to a possibility of surge in value of Pi in the future.
As know to all, the price of PI to rise above a certain level of $31.4 is often downplayed by stating the total supply of PI coin which is 100 Billion. Those who don't believe in PI use this supply to demonstrate that, "If PI value was to rise above $31.4, it would be more than GDP of many country and of $BTC too.
But the real truth they hide is that PI mined to date is only 6% of total supply with the rest 94% yet to be mined.
With such a huge unmined supply, the total supply theory goes out of the window. Another update today as on 2nd March 2025 is that PI base mining rate has decreased by a huge margin such that an individual will have to mine for almost 40 years to mine 1000 PI coins single handedly.
This not only makes the supply low, but also makes the Coin very scare thus leading to a possibility of surge in value of Pi in the future.
not just slim but IMPOSSIBLE! Basic knowledge of the crypto space should tell things like CS, TS & MS possibly MC. Newbies can be very funny sometimes.....😂
Here are my predictions for cryptocurrency values in 2024:
Shib: $50
Pepe: $39
XRP: $200
LUNC: $732
DOGE: $2502
Social media is buzzing with videos predicting these cryptocurrencies will hit such figures in 2024. These videos appear to be made by individuals with a basic understanding, reminiscent of a novice's perspective.
Investors, especially the newcomers, should approach these optimistic forecasts with caution. The likelihood of these cryptocurrencies reaching such valuations by 2024 is slim. It's vital to do extensive research before investing.
Many beginners in the crypto market invest in inactive coins and then turn to community feedback, usually due to inadequate knowledge. It’s crucial to learn and research thoroughly before entering the crypto world.
My experience navigating these waters has taught me these lessons, and I share this advice to help new investors avoid similar mistakes.
If you have come across such speculative predictions, I invite you to discuss your views.
#TrendingTopic #Write2Earn #ThanksgivingBTCMoves
#BinanceTürkiyeSquare
Shib: $50
Pepe: $39
XRP: $200
LUNC: $732
DOGE: $2502
Social media is buzzing with videos predicting these cryptocurrencies will hit such figures in 2024. These videos appear to be made by individuals with a basic understanding, reminiscent of a novice's perspective.
Investors, especially the newcomers, should approach these optimistic forecasts with caution. The likelihood of these cryptocurrencies reaching such valuations by 2024 is slim. It's vital to do extensive research before investing.
Many beginners in the crypto market invest in inactive coins and then turn to community feedback, usually due to inadequate knowledge. It’s crucial to learn and research thoroughly before entering the crypto world.
My experience navigating these waters has taught me these lessons, and I share this advice to help new investors avoid similar mistakes.
If you have come across such speculative predictions, I invite you to discuss your views.
#TrendingTopic #Write2Earn #ThanksgivingBTCMoves
#BinanceTürkiyeSquare
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