At the moment when the prices of BTC and ETH across the network have just plunged, it once again shows that the PI borrowing whales have no coins to borrow to suppress the price, so PI is not a network-wide coin that has reached a new low.
This once again demonstrates that the drop in PI's price is entirely due to the actions of the borrowing whales.
Once there are no borrowing whales in the market, investors really don't need to worry about the price dropping.
Do PI friends still want to continue lying flat and push the responsibility onto PCT? Please wake up!
The borrowing whales are borrowing a large amount of coins to sell instead of you, while investors are blaming everyone for selling coins. If we don't take advantage of the borrowing limit to fight against the whales now, when will we?
PI mentioned that the borrowing whales would finish before 4 AM, and then we saw the price not continuing to hit new lows.
From midnight until now, at 3 PM on the 10th, the borrowing whales have repurchased 1 million. This is a group of investors helping to suppress the price so that the whales can repurchase at a low price without driving the market up.
Therefore, we do not blame the investors; this indicates that the message against the whales has not been conveyed, and there are still many people unaware that the borrowing whales control the price of PI.
Saving PI is not a matter of PCT, because the ecosystem or updates do not affect the price. Updating the ecosystem does not mean they will spend money to buy PI, and updating the system does not mean they will spend money to buy PI. Blaming the lack of price increase on the system is because one cannot find the reason.
If simply updating the system could lead to wealth, then one should just create the system themselves; why bother with promotion when AI is so convenient now?
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