Gotta give it to the PI People their shitcoin launch did not go as I expected.
Now even meme coins have momentum so I might be too early saying this, as it´s been only two days, but
This is actually quite bullish, I don´t get it but congrats to the Pioneers. That is the first and last time I will call them that because to me they are just Pi People and I underestimated the power of community once again.
I am old school, trust in good projects, run for red flags. And as I showed you last time ¡, sufficient red flags when it comes to PI Network.
Hence I expected this tap to earn community to sell and get out on the first chance life would offer.
I was thinking more along this train of thought:
But again as I said many times before, crypto communities are crazy. Like this next persona, I mean seriously what did you smoke to get that prize for a token that is outdated and has fewer use cases than BCH???
Then again crypto is all about conviction and consensus, and it pains me to say but right now it feels like this community has both.
Fortunately, there is another side to this story, it´s not all rainbows. unicorns, and Pie.
The coin has got momentum, crypto OGs that have been around for years have started mentioning it. Saying never heard of it, but I did now.
Talk is fuel, but the talks will soon fall silent, and who will then buy this token trash?
I mean, really there are many alternatives that are a lot less shady because this token´s past is shady, it´s data-grabbing is shady, and well I have been seeing a whole lot of this:
And this.
And if I say a lot I mean a lot and those tokens might not hit the market for months.
On top of that, most people have their tokens locked which reminds me of another free token drop called XTM. TORUM tokens had no use case, but their launch hit $2 and most holders had their tokens locked up, because staking seemed a good idea.
I walked away with thousands of dollars, but if you had your tokens locked for more than 3 months....you would have made near to nothing.
I have to give it up for the little believers:
But there are so many jokes, capped at a 100 Billion tokens and every day tapping a few million more, that is inflation right there still some believe they found the solution:
Or those snowflakes that think tapping is considered hard work.
But yes, even though I don´t consider myself a hater, those people in the 3rd world can make a profit today as PI is above one dollar.
And I can do nothing but stand up and:
Last time I saw it, it signaled the end of the bull market but it did the same thing it went all the way up to $2
And those who were ready did not make a dime, those who wanted to become millionaires for doing nothing lost it all.
Or, was it the XTM community that failed, could a real community sustain the greediness?
Are those calling for a $100 PI token the true visionaries?
Or are they just misguided, which is what I feel when I read this last bit:
Now this Kim looks like a nice dude, but I don´t think anyone outside of PI give a Pie In The Sky, for this flying fart coin.
To all the holders, I hope I am wrong!
So far, in my crypto journey...
Anyway, I still believe this is all marketing because I don´t see the value...but this community, maybe this community can make it work just look at those volumes:
$1.1 Billion if I calculate correctly and do not mistake a 0 that is near these guys:
I can not take this seriously, but for now, the numbers don't lie:
Can this be a new thing, or am I wrong and is there more than meets my eye?
I will call it a fluke for now, let´s see if this guy is right:
And all I learned in these years being a crypotnaut is wrong...can I be
Is all I know a lie?
I will keep you posted...
