#PI Sigh, starting from April 12, the 3-year lock-up position of PI that was migrated and mapped in July 2022 will be unlocked and released, with 140 million units to be unlocked every month continuously for 3 years. This does not include the latest migration mapping. After the 12th, it will enter a vicious cycle; once unlocked and released, it will be sold off, leading to a fall, more selling, and further decline, a vicious cycle, a death spiral. It is estimated that it will ultimately be even worse than FIL. This model itself has loopholes, and nothing can change this downward trend.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#PI Sigh, starting from April 12, the 3-year lock-up position of PI that was migrated and mapped in July 2022 will be unlocked and released, with 140 million units to be unlocked every month continuously for 3 years. This does not include the latest migration mapping. After the 12th, it will enter a vicious cycle; once unlocked and released, it will be sold off, leading to a fall, more selling, and further decline, a vicious cycle, a death spiral. It is estimated that it will ultimately be even worse than FIL. This model itself has loopholes, and nothing can change this downward trend.