#PI The essence of public blockchain ecosystem development:

The success of a public chain requires years or even longer-term technological iterations, ecosystem building, user accumulation, and market validation. This process is far from linear and is inevitably filled with twists and turns.
Before the ecosystem matures, token prices are primarily driven by market sentiment, macro environment, industry narratives, and liquidity, rather than intrinsic value. Therefore, sharp fluctuations are normal rather than exceptions.
Those who truly understand and believe in the long-term value of a public chain should anticipate these fluctuations and view them as costs or opportunities. Conversely, "speculators" or "traders" who are merely attracted by short-term surges are naturally influenced by emotions and behavior directly affected by price.