There are like 11 milion verified active wallets that hold from 1 to 10000 pi most of it is locked , i am not talking about influencers i think the hype is in and it will be epic listing whatever happens up or down it will bring like millions of ppl in to exchanges mostly new users with like less than a 1 bilion pi on the markets probably all major exchanges will list it before 20th of February so it will be like 20+ exchanges trying to get a lot of pi before activating spot trading so while huobi 68 milion iou pi looked big or small there is no way for all exchanges to get more than 100 milion pi coins on 20th of february , thus making it possible for the coin to hold the iou price for some time or even days.
That is only my opinion that is why i wanna read about what others think , and what other i can do that than bitcointalk