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πŸ’° PRICE CHAOS, MASSIVE UNLOCKS & WHY THESE CLARIFICATIONS ARE STRAIGHT-UP CRITICAL πŸ”₯ PI went absolutely bananas and mooned to ~0.30 in mid-March during the Kraken listing protocol glow-up party πŸŽ‰πŸš€β€¦ only to get brutally SELL THE NEWS slammed straight back down below 0.20 like a rug pull from the heavens 😭πŸ’₯ Now it’s just chilling in that sad 0.16–0.18 zone like it’s paying rent in the basement πŸ˜”πŸ“‰ Recent alpha shows HUGE token unlocks dropping like crazy β€” averaging 8 MILLION PI every single month, with some days exploding past 10 MILLION πŸ˜±πŸ’Έ This flood of new supply growing piles of PI stacking up on CEXes = nonstop selling pressure crushing the vibe πŸ˜€πŸ“‰ That’s exactly why the clarified migration rules, KYC speed, and node upgrade progress are not just cute little tech updates… THEY ARE EVERYTHING πŸ”₯ They decide how fast all this new supply can actually hit the liquid markets without turning into a total bloodbath 🩸 WHAT THIS MEANS FOR YOU, PI CHADS & CHADettes: πŸ‘€ The real game right now is a brutal race: Can migration KYC throughput node upgrades keep up with these monster unlocks?? If they lag behind even a little… buckle up, because when sentiment flips, the volatility is gonna be WILD 😈πŸŒͺ️ Mismatch = amplified chaos Match = smooth(ish) sailing Stay locked in fam πŸš€πŸ’Ž #KYCthroughput #NodeUpgrades
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14 Oct 2022
Replying to @Austin_Federa @toly
We're excited to tune in and listen to all things #networkupgrades, #nodeupgrades, and #developertooling. Excited for this chat!
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