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#PI #IDEA
This coin has been heavily influenced by market trends, with the project team and market makers seemingly manipulating the situation to take advantage of investors. Initially, their strategy appeared to involve driving the price up to a very high level. However, they faced substantial selling pressure around the $2 mark, even from their so-called early supporters. The average user likely holds a relatively small number of coins, which contributed to the price eventually dropping to around $0.60. At that point, the market maker—acting as the counterparty—was forced to absorb a large volume of coins at the lower price.
This situation wasn’t acceptable to them. The $2 target was insufficient to justify the costs they had incurred, including their exchange fees. In response, they ramped up efforts to rally the community, urging pioneers not to sell and encouraging holders across platforms to stay committed. This psychological tactic proved effective, halting the sell-off and driving prices upward again.
However, it's clear they were playing both sides—fueling optimism for strong market growth while exploiting market drops for their gain. Such actions defy standard market principles. Given the strong, unified community backing the coin, there’s potential for it to climb even higher, perhaps reaching $10, $100, or more. But at its core, this is a game of self-trading and carefully timed moves. When the moment comes, the "harvest" will begin. The question remains: who is being set up to make a poor investment decision?
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