🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
#PI# A few days ago, when #pi was at 0.65, it was already mentioned that the market manipulator had designated this operation. Just a minute ago, it dumped a whole 8 points and then quickly pumped. There has been no volume for the past two days, with the daily Trading Volume around 15 million U, which is nearly 100 times less compared to the peak of 1 billion U, yet it still experienced a big dump. The market manipulator did this on purpose, cutting retail investors. Now, pi's market capitalization shows 4 billion U, which is six times that of core's 700 million U, also in mobile Mining. Given pi's user traffic base and compared to core, along with its current stage technology and ecosystem being completely closed, this market capitalization is obviously overvalued; its true price should be around 2 billion. Considering this price point, the final lowest point for pi should be around 0.3. It had previously dropped to about 0.6 and then stopped falling. The market manipulator deliberately created a false stop-loss signal, causing many retail investors to go long at this position, with the long:short ratio reaching 64:36. In the past two days, there has been a rapid drop with no volume, as the market manipulator intentionally dumped to explode the long positions. Along with the start of the Toronto conference, after finishing off the longs, there will be a significant pump.