22/03/2025
Pi Network might pump again to 1.2, 1.3 ignore. It will still come down to 0.8, 0.7
Then pumps again to $1 or 0.9, Ignore
It will drop again to 0.6, 0.5
It will follow that pattern until we get our entry at 0.3, 0.2
It is also possible to go as low as 0.009, 0.008, 0.007
When it does you DCA.
Why will these happen?
It's simple: more P*s will be unlocked or Migrated as people pass KYC and lockups expire, introducing more supply into circulation, and the buying pressure won't be able to exceed the selling pressure as these new unlocked Pioneers will mostly take profit for their 6 years of labour.
Others will panic sell because the price is declining because they have no Web 3 education.
After all of these happen investors will see the coin as an opportunity to buy at a discount given that it's a Layer 1 just to hodl and see where it goes, then the price will capitulate to an extent, then stagnate.
The next price action will happen as the ecosystem matures and Dapps deployed in the ecosystem are fully operational and functional.
Expect to take profit in the Bull market of 2028...
Thanks for coming to class. π€
Β©Hommiesdrey