$PI Let me analyze this. During this period, Pi's intention to pump is purely based on personal feelings and should not be taken as investment advice.

The Pi project has been dragged out for too long, and acceleration of mapping is definitely coming later, at which point selling pressure will likely be significant.

Currently, there is strong support at the bottom with many low-level pending orders. The main force is competing with retail investors for chips. The whales are taking advantage of the benefits of listing on major exchanges and Pi Day to execute a big rally. Many people mistakenly believe the bottom is over and are frantically canceling orders to chase higher prices, which increases retail investors' costs. The main force then capitalizes on this momentum to dump and suppress prices, move back to the bottom to accumulate chips, clear floating chips, and absorb the selling pressure from mapping—acquiring sufficient and low-priced chips.

Total supply is 100 billion, 14.9 billion has been mapped, circulation is 9.7 billion, current circulation rate is 10%. Will the increase in future circulation dilute the current price? Won't the whales' pump to create a bull market dilute their own profits?