The founding team of Pi Network sold Pi coins in large quantities. causing a sharp drop in price? Combined with the development of Ethereum. we will deduce the future trend of Pi! #pinetwork #coinmarketcap #ethereum #binance

The large-scale sale of tokens by the blockchain project team before the ecosystem is established may cause market panic, but it is theoretically feasible and requires careful operation. Ethereum has converted to proof of stake through "merger" and the annual additional issuance rate of ETH has dropped to 0.52%, and the ecosystem is widely accepted by the market and there is no hard issuance limit. The Pi Network main network has been launched, and the current price of PI coins is US$1.13. The recent decline is mainly due to selling pressure and market fluctuations, and future price forecasts are different. There are signs of selling by major Pi Network players, but there is no direct data. Market analysis shows that there is a large amount of selling after the main network is online.