Orange Evening Interpretation 2.12 The next plot is a battle between a 3.5 billion market value VC coin IP and a 200 billion market value community coin PI, to see if it is the capital narrative of American elites or the tactics of Chinese grandmothers' sea of people CX that are powerful. However, currently the PI camp generally does not take IP seriously, and it is said that BTC is its lifelong enemy Today, the whole internet is talking about $pi because it was inexplicably arranged to be OK. This project is too old, started in 2017 or 2018, and can be considered as the longest running unreleased project in the cryptocurrency industry. At that time, pi was just a vegetable collecting game similar to QQ Farm. Due to the very low threshold, the main users were a group of middle-aged and middle-aged people. In addition to daily clicks, token acquisition also involved pulling heads. In addition, this project has not even had a wallet for several years, which has led many insiders to not classify it as a blockchain project at all. In the industry, it is basically classified as a pyramid scheme. In China, there are even many news reports of virtual currency scams that often include the figure of pi coin. Of course, Bitcoin is also a crackdown by domestic media. Object, so it cannot be said that pi is a scam, and no matter what, they have not issued any coins, There is no so-called financing, so instead of being prohibited, many 3-4 tier cities have a large number of pi store strongholds. Users claim to have 6000w, of which 19 million have done KYC. In fact, based on this data alone, the project basically does everything. Whether it is public chain, payment or social networking, the advantage of people's head is huge, and the followers of pi are also very awesome. Today, more than one person has used pi to benchmark BTC. According to the number of people who use pi as kyc, it almost catches up with the total number of btcs, not to mention technology. Some people even think that pi can really help the United States In short, pi is a very evil thing to solve the 36 billion dollar foreign debt. Most believers are sunk market users, and insiders are basically biased against it. Especially at this time when the market is going public, its opponent is the opposite PI$ IP, the customer base of IP is mostly elite, and the consensus is also in Europe and America, while PI is a sinking group of middle-aged ladies and gentlemen. Most of the consensus comes from China, but the number of users crushes $IP. Currently, $IP has an off market price of about 3.5, a total volume of 1 billion, an initial circulation of 250 million, and an FDV of 3.5 billion. However, $PI currently has an off market price of about 2 yuan, an initial circulation of 6 billion, a total issuance of 93 billion, and a maximum supply of 100 billion. The huge market value difference between the two projects shows that they are not on the same track, IP is benchmarking against a regular Layer1 public chain, while PI is indeed benchmarking against Bitcoin. However, it is said that most people cannot withdraw coins from PI, and KYC needs to be completed before withdrawal. After completion, the main network mapping also needs to be done. It is said that most mappings need to be queued, and some mappings are even under review for six months. This may be a means for the project party to control the initial circulation disk. I have mined PI before, but at that time I thought it was unreliable and did not do KYC. After changing my phone, I never logged in again, so it should be invalid. The people around me are basically the same. Very few have done KYC, and I have not seen successful mappings. I estimate that now those who can recharge to OK are my own people. Well, in the early stages of this project, it should be in a highly controlled state, otherwise such a large plate will definitely be smashed through directly, and the trend can be benchmarked against FIL, I feel that there are still many similarities. Every time FIL in China holds a meeting, they are not from the cryptocurrency industry, but mostly from the industry. It is said that during the bear markets of 2018 and 2022, many meetings in the domestic cryptocurrency industry were cold and deserted, but FIL's meetings were crowded with people. However, this time PI is even better. In terms of cryptocurrency prices, I think there must have been capital protection in the early stage, so everyone should take it easy to short sell, and be careful not to be attacked and liquidated like last night's layer. Of course, if you receive the cryptocurrency, I suggest that you must sell it out within a week because projects like PI have a long cycle of digging, selling, and selling. Once the popularity drops or the market turns bearish, there is no bottom line when it falls. When dealing with this kind of project, there is no bottom line. Be sure to take advantage of the heat and run quickly. I don't recommend getting involved if you don't have any coins. What's the point of joining the hype with this market value? Although there are many people in the sinking market, there isn't much money, The ability to attract funds and tell stories is even more inadequate, so the current price of 2u and 200 billion FDV are really dangerous.